ALT

Alternative Investments

Our alternative investment teams help clients tap into a wide variety of return streams to pursue their return-seeking and risk-mitigation goals.

 
Altrnatives assets managed firmwide

USD 27 B*

 
Track record managing alternative investment:

25+ years

 
Clients in our alternative investment approaches:

1,050+

Glass sphere in front of sunset

Featured content

Credit market recovery? Not so fast

We expect elevated dispersion and dysfunction to stick around. Investment Director Chris Perret explains what it means for alternative credit strategies.

 

The alternatives edge

What sets Wellington apart?

Research

Research is a respected career path — not a stepping-stone — giving clients access to what we believe is the most experienced research team in the market.

People

Our portfolio managers are highly specialized and performance-driven. And they stay with us, putting their savvy and skill to work for clients.

Platform

We offer a range of alternative investments, from long/short equity and credit to global multi-strategy and private equity, as well as custom solutions.

Scale

As one of the world’s largest independent investment managers, our scale and resources make us a preferred partner to our clients.

Research

Find the latest market insights and thought leadership from our alternative investment professionals.

 
2021 Investment Outlook
As we head into the new year, thought leaders from across our investment platform share their views on pressing questions.
December 2020
2021 Investment Outlook
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Talking Alternatives — Alternatives allocations: Wishful thinking or attainable goals?
With many allocators unhappy with alternatives’ returns in recent years, Manuel Kalbreier stresses the need to understand the roles they play in portfolios and to have realistic expectations.
November 2020
Talking Alternatives — Alternatives allocations: Wishful thinking or attainable goals?
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Arancha Cano: Alternatives manager profile
London-based Equity Portfolio Manager Arancha Cano shares her views on alternatives investing and explores key lessons learned over her career investing in long/short financials.
November 2020
Arancha Cano: Alternatives manager profile
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The future of alternative investments
Director of Alternatives Danny Sharp explores the future of alts — discussing dispersion in today's markets, the opportunities it presents, and the impact of the COVID-19 pandemic on the alternative investments landscape.
November 2020
The future of alternative investments
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<span>Top of Mind</span> Time for a new playbook on inflation and active management?
Are fiscal and monetary policy setting us on a course for inflation? How has the COVID-19 crisis altered the backdrop for active management? Multi-Asset Strategist Adam Berger offers his take, as well as thoughts on real assets, value stocks, the technology sector, and alternative investments.
October 2020
Top of Mind Time for a new playbook on inflation and active management?
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Allocating to China — a deeper dive by asset class
Learn why we believe there is a strong case for increasing allocations to China across multiple asset classes.
October 2020
Allocating to China — a deeper dive by asset class
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Credit market recovery? Take a closer look through an alternative lens
Credit market dispersion remains elevated, and market dysfunction related to liquidity and other factors hasn't gone away. Investment Director Chris Perret explains why and what it means for alternative credit strategies.
October 2020
Credit market recovery? Take a closer look through an alternative lens
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Credit dispersion continues: Q&A
Portfolio Manager Ryan Valente offers his insights on today's dispersion-driven credit opportunities, changes since the COVID-19 pandemic, and the value of managing alternatives credit at Wellington.
September 2020
Credit dispersion continues: Q&A
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People

Meet some of the dedicated members of our experienced alternatives team.
Mark Sullivan headshot
Mark Sullivan headshot

Mark Sullivan, CFA

Head of Alternatives and Portfolio Manager

 

As the head of Alternatives, Mark is responsible for driving the long-term investment performance of the firm’s liquid alternative strategies. He is also the team leader for our Global Macro Team.

 

Michael Carmen, CFA

Co-Head of Private Investments and Portfolio Manager

 

Michael is the team leader for our late-stage growth investment strategies. In addition, he helps to oversee the firm’s private investment business.

 

Shanna O’Reilly

Co-Head of Private Investments

 

As co-head of Private Investments, Shanna helps to lead the expansion and oversight of the firm’s private investment business. She previously served as the chief operating officer of Wellington Alternative Investments.

 

Platform

See the breadth of styles, sectors, and strategies in our alternative investment platform.

 
Hedged Equities icon

Long/short equity strategies
Seek to limit volatility of equity exposure

  • Long/short equity
  • Long/short sector (e.g. financial services, health care, technology)
  • Multi-strategy

Related publication
As the cycle winds down, consider adding to long/short equity

Fixed Income icon

Absolute Return Fixed Income Strategies
Seek to limit exposure to rate and credit cycles

Private Equities icon

Private Equity
Seek capital appreciation through investments in private late-stage growth companies in multiple sectors

Our investment universe includes:
  • Consumer
  • Technology
  • Health care
  • Financial services
  • Biotechnology
Learn more
Multi-Asset icon

Multi-Asset Strategies
Target specific return and risk objectives

  • Alternative risk premia
  • Managed risk
  • Absolute return
  • Portable alpha

Related publication
Understanding the role of alternative risk premia

This is not an all-inclusive list of strategies that may be offered. Investments involve risks including possible loss of principal. This is not to be construed as investment advice or a recommendation to buy or sell any security. Please review important Investment Risks & Definitions.

Scale

We have a long history of leveraging our scale and resources to develop alternative investment strategies based on clients’ evolving needs.

 
Alternative investments timeline
Timeline showing what years funds were started

All figures as of 31 March 2020. *Please note that all alternatives assets are also included in the assets of the Equity, Fixed Income, and Multi-Asset asset-class categories.