Covington Investment Management, LLC

Covington Investment Management, LLC, located in New Orleans, was established by J. Storey Charbonnet, a finance graduate from the University of Virginia. With a background in corporate finance and over two decades of experience as an NASD/FINRA registered representative, Charbonnet joined Johnson Rice & Company, LLC in 1995. As a member of Green Turtle Capital Management, LLC, Charbonnet may face conflicts of interest in time allocation and investment distribution between the two entities. However, the distinct investment strategies of the firms aim to minimize conflicts. Charbonnet also serves as a registered representative of Johnson Rice & Company, L.L.C., receiving compensation based on securities transactions. He receives additional compensation from Green Turtle Capital Management, LLC for hedge fund portfolio management services. Charbonnet is supervised by Brian T. Marcotte, the Chief Compliance Officer, ensuring compliance with internal procedures and fiduciary responsibilities. Charbonnet has a clean disciplinary record and has not been involved in any events requiring disclosure for state-registered advisers.