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.


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