Wellington Launches Hedge Fund

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.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...