Covington Fund II Update

Covington has completed the $10 million Redemption set for May 7, 2018. Focus will continue to be on the planned Wind Up over the next 24 months.

The Manager's primary focus is to optimise value in the private investment portfolio and to exit key remaining holdings over the next 24 months in order to Wind Up the Fund and return capital to unitholders. The Board and the Manager continue to explore alternatives for the Fund to optimize value and return capital to unitholders in an orderly mananer and will provide unitholders with regular updates.

The Fund Is Not Currently Accepting Redemptions. The Fund is Not Currently Open for Subscriptions.

Please Contact Client Services for all Account Inquiries at (888) 746-4751.

Future Redemption Opportunities Will Be Announced Here. Please Check Back Regularly for Updates.