Wellington Hedge Fund Unit Launches $11M Offering

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.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat