Tuesday, 2 June 2015
Last updated 12 hours ago
Jun 20 2011 | 1:57am ET
Asset management giant Wellington Management has a new offering: a hedge fund.
The Boston-based firm, which has more than $600 billion in assets under management, has raised $26.5 million for the new fund, HedgeFund.net reports. As of the beginning of the month, 31 investors had signed up, Wellington said in a regulatory filing.
The Wellington hedge fund features a $1 million minimum investment requirement.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…