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Ferat Ongoren, portfolio manager, has joined Wellington Management as the newest member of the firm's Alternative Investments team. With more than 25 years of industry experience, he will build on the firm’s long tradition of investment excellence and bring his unique perspective to Wellington’s globally integrated investment platform. Mr. Ongoren will focus on absolute return investing at Wellington – an important area of expansion for the firm – and over time intends to develop traditional and crossover strategies that will invest in public and private global industrial companies. He will be based in Boston, Massachusetts, and report to May Yu, Director of Alternatives, Americas.
Mr. Ongoren joins Wellington from Millennium Management, where he was a Senior Portfolio Manager investing in the global industrials sector. Previously, he was a Managing Director and Industrials Sector Head at Bain Capital Public Equity (BCPE) between 2016 and 2019. As the sole Portfolio Manager, he ran BCPE’s Global Industrials Fund. Before Bain Capital, Mr. Ongoren managed Putnam Investment’s Global Industrials Fund between 2009 and 2016, where he was also an analyst. His experience also includes roles in equity trading, equity research, and investment banking at Citi and its predecessors between 1997 and 2009.
Low tide, sharp eyes: What to pick up
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CLO investing and active ETFs
Alyssa Irving explores the evolving role of active ETFs in the AAA CLO market, highlighting their significant growth, the impact of increased trading activity, and the potential opportunities they create.
Deep dive on CLO equity investing
Alyssa Irving, Fixed Income Portfolio Manager, discusses the CLO equity asset class, highlighting its diversification potential, risk-return dynamics, and the crucial role of managers.
CLO equity returns in a tight spread environment
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Private credit roundtable: Outlook in 2025
Our private credit experts explore the potential effects of Trump 2.0 policies — like tariffs and deregulation — on the asset class in 2025. In addition, they dive into the impact of higher-for-longer interest rates, the broadening of private credit markets, and much more.
Private credit outlook for 2025: 5 key trends
Our private credit experts, Emily Bannister and Sonali Wilson, highlight five critical trends for 2025: the convergence of public and private markets, AI's impact on private credit, the evolving role of banks in lending markets, the impact of higher interest rates, and the importance of financial covenants.
Private placements: A primer for corporate DB plans preparing to derisk
With many corporate DB plans exploring derisking opportunities, Portfolio Manager Elisabeth Perenick and Multi-Asset Strategist Amy Trainor discuss the potential role that private investment-grade credit, or private placements, could play and consider common questions about liquidity and allocation sizing.
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