Thursday, 28 May 2015
Last updated 46 min ago
Jan 19 2012 | 1:41am ET
Wellington Management Co. has raised more than $11 million for a hedge fund launched at the beginning of the year.
Wellington Hedge Management, a subsidiary of the Boston-based money manager, rolled out Pagosa Partners on Jan. 3, according to a Securities and Exchange Commission filing. The fund has raised $11.32 million from 16 investors.
The new fund has a $1 million minimum investment requirement.
Wellington Hedge Management is headed by CEO Perry Traquina, a 32-year veteran of Wellington Management. The new fund's other general partners at Gregory Konzal, Phillip Perelmuter and Brendan Swords.
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…