Wellington Hedge Fund Unit Launches $11M Offering

Jan 19 2012 | 2:41am 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.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of