Articles from Wellington Management

Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, has hired Christina Kopec Rooney as the Head of US Wealth, based in New York. Ms. Rooney brings over 25 years of experience in asset management, strategy, and execution to this new role, where she will lead Wellington's efforts to enhance its offerings for the wealth channel and drive growth in the US market.

Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, today announced the expansion of its private investing capabilities with the formation of a Private Real Estate Credit platform. Wellington has hired Ravi S. Anand as the Head of Private Real Estate Credit along with three seasoned investors to build the debt platform, an extension of Wellington’s 30-year history investing in commercial real estate across fixed income and public equities. The initial team of four brings decades of combined experience and most recently worked together within PIMCO’s Commercial Real Estate Debt platform, one of the world’s largest real estate debt managers.

Wellington Management (“Wellington”), one of the world’s largest independent investment management firms and a seasoned collateralized loan obligation (“CLO”) investor, today announced the successful final close of its inaugural Wellington CLO Partners Fund I (the “Fund”). With US$194 million of capital commitments, including US$27 million from affiliates, the Fund exceeded its initial US$150 million target.

Wellington Management (“Wellington”), one of the world’s largest independent investment management firms and a leading global hedge fund manager, today announced the launch of its first interval fund, Wellington Global Multi-Strategy Fund (the “Fund”), which seeks to generate consistent and positive returns across market cycles while managing market risk exposure and seeking to minimize drawdowns and volatility. The Fund will be managed by Portfolio Manager Roberto Isch, CFA, who will be supported by an 11-member management team of key leaders across the platform.

Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the final close of the Wellington Climate Innovation Fund (“CIF” or the “Fund”), with US$385 million in commitments.

Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, announced the pricing of its inaugural collateralized loan obligation (CLO), Wellington Management CLO 1 Ltd, a $405.6 million US CLO, which is secured primarily by broadly syndicated first lien loans.

Wellington Management (“Wellington” or “the Firm”), one of the world’s largest independent investment management firms, today announced the final close of its early-stage venture fund, Wellington Venture Investments I (“WVI” or “the Fund”), with US$150 million in commitments.

Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the close of its private late-stage growth strategy Wellington Hadley Harbor IV (the “Fund” or “Hadley Harbor”) with US $2.6 billion in commitments and over US$200 million in co-invest capacity to invest alongside the Fund.

Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the close of Wellington Biomedical Innovation II (“Biomed” or “Biomed II”), with approximately US$476 million in commitments. Led by Wellington’s dedicated private market biotech investing team, the Fund invests in private biotech companies that are developing the next generation of treatments that seek to improve the standard of care in medicine.

Wellington Management (“Wellington”) today announced the strategic expansion of its Alternative Investments platform through the hiring of the investment team of Shelter Haven Capital Management (“Shelter Haven”), a market neutral, long/short equity manager that primarily focuses on small and mid-cap companies in the technology, media, telecom and consumer sectors. The terms of the expansion are not being disclosed.

Wellington Management, one of the world’s largest investment management firms, today announced that Erin K. Murphy, CFA, will succeed Edward J. Steinborn as Chief Financial Officer (CFO). Mr. Steinborn plans to retire in June 2023. Ms. Murphy, who will be reporting to Jean M. Hynes, Chief Executive Officer, will be transitioning into the role assuming responsibilities when Mr. Steinborn retires in 2023.

Wellington Management and the Joint Program on the Science and Policy of Global Change at the Massachusetts Institute of Technology today announced the formation of a climate change research collaboration. The alliance will bolster Wellington’s current research on the transition to a low-carbon economy, enhance its understanding of the expected financial impacts of various transition pathways on industries and economies, and deepen its decarbonization engagement practices.

Wellington Management Company LLP (Wellington) and Woodwell Climate Research Center (Woodwell) today announced the launch of P-ROCC 2.0, an extension of the 2019 framework designed to help companies and their executive teams assess and disclose the potential effects of the physical risks of climate change (P-ROCC) on their business. P-ROCC 2.0 introduces the addition of disclosing the location of physical assets associated with company operations, a crucial step to better integrate climate considerations into investment decision-making processes.