Opportunity Navigated
Cove Funding is a specialized hedge fund that seeks to achieve superior risk-adjusted returns, by identifying undervalued opportunities and moving quickly to negotiate and structure transactions with robust downside protections and significant upside.
Team
Solomon
Lallouz
Founder of GP and Investment Manager
Mr. Lallouz is a founding member of the general partner and investment manager and the Chief Executive Officer of Premium Merchant Funding.
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Mr. Lallouz has raised billions of dollars in equity and debt investments for companies spanning the globe and diverse industries, including medical, real estate, bio-tech, and finance.
His expertise extends beyond financing, as he actively engages with these companies, serving on various boards and providing valuable guidance for their continued growth.
In the real estate market, Mr. Lallouz boasts ownership of a diverse portfolio of residential and commercial properties throughout the United States, showcasing his acumen in multiple spheres of the financial landscape.
Elie
Golshan
Founder of GP and Investment Manager
Mr. Golshan is a founding member of of the general partner and investment manager of the fund.
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Additionally, he holds the esteemed position of Chief Financial Officer at PMF, where he spearheads the financial strategy for the group, overseeing all accounting, budgeting, and cash management activities.
Fondly referred to as the 'Father of PMF,' Mr. Golshan provides invaluable guidance, mentorship, and overall leadership, driving the company's growth and success.
With over two decades of diverse experience in financial leadership, risk management, and trading, Mr. Golshan brings a wealth of expertise to the table.
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Residing in Puerto Rico, he passionately engages in philanthropy during his free time, while embracing activities like swimming and playing basketball.
Abe Burger
Head of Fund Allocation
Founder & Manager of GP and Investment Manager
As the Manager of the General Partner and the Investment Manager, Mr. Burger takes the lead as the Head of Fund Allocation while also serving as a highly skilled portfolio manager for the Partnership.
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With an impressive background, he has been the Chief Operating Officer of Premium Merchant Funding, an esteemed alternative finance broker and funder, since 2014.
During his tenure at Premium, Abe has showcased his expertise by developing robust underwriting guidelines, successfully implementing risk management policies and procedures to handle a diverse portfolio of alternative finance investments, and skillfully managing a brokerage that provides essential financing to small businesses across the United States.
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Mr. Burger holds a J.D. from the prestigious Fordham Law School in New York. His unique blend of legal and financial acumen positions him as a key driver of success for our hedge fund, ensuring comprehensive and strategic decision-making for our investors.
Robert Herskowitz
Founder of GP and Investment Manager/Strategic Advisor
In tandem with his real estate engagements, Mr. Herskowitz boasts a nearly forty years in the finance sector. He has played pivotal roles as a founder, investor, principal, and syndicator for multiple ventures.
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With a solid four-decade track record in real estate, Mr. Herskowitz’s involvement has spanned acquisitions, construction, renovations, and sales across New York, New Jersey, Connecticut, and Florida. With roles ranging from investor to principal, operator, and syndicator, he has successfully driven numerous projects.
In parallel, Mr. Herskowitz boasts over 30 years of experience in the financing sector, with roles ranging from sourcing, negotiating, structuring, and funding debt and equity deals.
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Throughout his career, he has been actively engaged in high-value transactions, with a combined total of transactions exceeding $2 billion.
Mr. Herskowitz has a non-controlling interest in the fund, and acts as a strategic investor within the Partnership. His active advisory role to the Investment Manager involves regular consultations, where he contributes his insights to originate, negotiate, advise, and finalize transactions for the Partnership. This dynamic and ongoing contribution adds significantly to the Partnership's success.
