Private investing

event July 2025

6 min

Article

2026-07-31

Private companies Private investing Venture capital Private Investing Program Video

Wellington Venture Summit

The Wellington Venture Summit brings our portfolio companies the breadth of our investment expertise and networks under one roof. Watch highlights from the summit on preparing to go public, fundraising your next round, and much more.

event July 2025

2 min

Video

2026-07-31

Liquid alternatives & hedge funds Strategic allocation Private equity DB Private Program Privates Private investing Liability-driven investing Article

Allocating to alternatives: A role-based guide for corporate DB plans

For corporate plan sponsors thinking about weaving hedge funds and private equity into their portfolios, we offer this brief guide to the potential benefits and key considerations when establishing an allocation, including liquidity stress testing.

Multiple authors

event July 2025

17 min

Article

2027-06-30

Health care Artificial intelligence (AI) Venture capital Private Investing Program Private investing Article

The transformative power of vertical AI agents

Olivia Hurley and Rie Kimoto explore Japan's banking sector, highlighting regional banks' undervaluation and M&A opportunities driven by regulatory changes and demographic shifts.

By

Sasha McKenzie

event July 2025

10 min

Article

2026-06-24

Private companies Private investing Venture capital Private Investing Program Macro and market Article

IPOs aren’t dead, they’re just napping

Experts from our venture capital and trading teams explore the current IPO landscape. They highlight three challenges and three opportunities for private companies aiming to go public today.

Multiple authors

event July 2025

5 min

Article

2026-07-31

Private investing Artificial intelligence (AI) Venture capital Private Investing Program Article

Building the future: Advances in AI infrastructure for autonomous agents

Van Jones highlights AI infrastructure advancements, emphasizing emerging protocols and data solutions for autonomous agents driving innovation and connectivity.

By

Van Jones

event July 2025

4 min

Article

2026-05-28

Macro and market Private credit Private investing FRM Program Interest rates Privates Video

CLOs and the growth of private credit

Alyssa Irving profiles private credit's influence on CLOs, focusing on its ability to refinance lower-quality issuers and the potential benefits for the broadly syndicated market.

By

event July 2025

2 min

Video

2026-07-31

Macro and market Private investing Venture capital Content CoE Program Global Program Private equity Privates Article

Venture capital mid-year outlook: Five key questions

Our venture capital team explores the state of the IPO market, M&A uncertainty, the growth of secondaries, and more.

Multiple authors

event June 2025

5 min

Article

2026-06-30

Asset allocation Private credit Private investing Content CoE Program Global Program Interest rates Privates Outlook Article

Private credit: Is the illiquidity premium still worth it?

Our private credit team explores the value of the asset class’s illiquidity premium in today’s uncertain markets.

By

Emily Bannister, CFA

Sonali Wilson

event June 2025

6 min

Article

2026-06-30

Diversification Asset allocation Private credit Private Investing Program Income Private investing Article

CLO equity’s role in asset allocation

We discuss CLO equity's role in asset allocation, highlighting its potential income and diversification benefits. In addition, we explore its potential fit alongside private equity, private credit, and public equity allocations.

By

Andrew Bayerl, CFA

event June 2025

5 min

Article

2026-06-30

Active management Private credit Private investing Private Investing Program Interest rates Video

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.

By

event June 2025

1 min

Video

2026-06-30

Interest rates Private credit Private investing Private Investing Program Diversification Income Privates Video

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.

By

event June 2025

3 min

Video

2026-06-30

Private companies Private investing Venture capital Private Investing Program Business practices Article

Go-to-market strategy: 5 lessons learned

Our Value Creation Team explores go-to-market strategy best practices, highlighting stages of growth, product-market fit, the science of sales, and much more.

Multiple authors

event June 2025

4 min

Article

2026-06-30

Innovation Venture capital Climate Private Investing Program Artificial intelligence (AI) Climate tech Private investing Video

Climate venture capital: Innovation versus hype

Greg Wasserman, Head of Private Climate Investing, discusses the balance between innovation and hype in climate venture capital. He explores automation in agriculture and manufacturing as well as the emerging commercial applications of generative AI.

By

event June 2025

3 min

Video

2026-06-30

Artificial intelligence (AI) Private credit Private investing Private Investing Program Innovation Video

The intersection of AI and private credit

Our private credit experts highlight AI's influence on asset class’s market growth, emphasizing how investments in infrastructure like data centers has the potential to drive long-term market opportunity.

Multiple authors

event June 2025

4 min

Video

2026-06-30

Innovation Artificial intelligence (AI) Venture capital Private Investing Program Private equity Private investing Video

Innovation in late-stage private markets

Matt Witheiler, head of Late-stage Growth, explores innovation and hype in late-stage private markets, discussing AI and defense technology.

By

Matt Witheiler

event June 2025

3 min

Video

2026-06-30

Innovation Venture capital Biotech Private Investing Program Private investing Video

Private biotech innovation versus hype

Nilesh Kumar discusses the next generation of biotech disruptors in obesity, autoimmunity, and oncology, focusing on drugs that solve real-world unmet medical needs.

By

Nilesh Kumar, PhD

event May 2025

3 min

Video

2026-06-30

Innovation Artificial intelligence (AI) Venture capital Private Investing Program Private investing Fintech Private companies Private equity Video

Early-stage venture: Innovation versus hype

Wellington Access Ventures' Jackson Cummings discusses promising innovations in edge AI and embedded fintech. In addition, he highlights the potential hype surrounding consumer AI and quantum computing.

By

Jackson Cummings

event May 2025

3 min

Video

2026-06-30

Private companies Private investing Venture capital Private Investing Program Business practices Article

Preparing to go public: Five IPO lessons learned

Our Value Creation Team highlights five IPO preparation lessons learned for private companies aiming for successful public market entry.

By

Hillary Flynn

Courtney Hugger

event May 2025

3 min

Article

2026-05-31

Portfolio strategy Strategic allocation Private investing Private Investing Program iStrat Venture capital Private equity Manager selection Article

Sizing private-market allocations

Our multi-asset experts explore three key components of sizing private market allocations, offering a framework to evaluate the capacity to take on illiquidity, the need for excess return, and the ability to consistently source 'good' investments.

By

Supriya Menon

event May 2025

8 min

Article

2026-05-31

Private companies Private investing Venture capital Private Investing Program Video

SeatGeek deal overview

Head of Late-stage Growth Matt Witheiler and Equity Research Analyst Peter Blain highlight their insights on Wellington’s investment in SeatGeek, discussing the company's potential in primary and secondary ticketing in the growing ticketing landscape.

By

Matthew Witheiler

Peter Blain

event April 2025

7 min

Video

2026-04-30

Innovation Private investing Venture capital Private Investing Program Private companies Article

Private biotech market update: IPOs, M&A, and innovation

Our biotech venture capital experts explore the state of the private biotech market, highlighting the potential IPO-market rebound, surge in private M&A, and the focus on clinical-stage opportunities.

Multiple authors

event April 2025

6 min

Article

2026-04-30

Innovation Artificial intelligence (AI) Venture capital Private Investing Program Private investing Video

Databricks deal overview

Head of Late-stage Growth Matt Witheiler and Global Industry Analyst James McNay discuss their work together on Wellington’s investment in Databricks, highlighting the company’s innovation in AI and data analytics amid the evolving tech landscape.

By

Matthew Witheiler

James McNay

event April 2025

6 min

Video

2026-05-01

Private investing Macro Venture capital Private Investing Program Private companies Private credit Video

Private market update

Check out our collection of videos on the state of the venture capital and private credit markets, featuring leaders from across our private investing platform.

Multiple authors

event April 2025

Video

2026-04-30

Strategic allocation Private investing Private equity DB Public Program Macro and market Late stage Top of Mind Whitepaper

When will capital come back to private equity?

Head of Multi-Asset Strategy Adam Berger and Head of Late-Stage Growth Matt Witheiler consider the state of the private equity market, including liquidity challenges, the effects of higher interest rates, late-stage opportunities, and the impact of AI.

By

Adam Berger, CFA

Matthew Witheiler

event April 2025

12 min

Whitepaper

2026-03-31

Private equity Venture capital Climate Private Investing Program Video Private investing

Climate venture capital: Deployment, valuations, exits

Greg Wasserman, head of private climate investing, explores today’s normalizing valuations, encouraging IPO and M&A trends, and potentially actionable opportunities in climate venture capital.

By

event March 2025

2 min

Video

2026-03-31

Artificial intelligence (AI) Private investing Venture capital Private Investing Program Video

Early-stage venture: Deployment, valuations, exits

Head of Wellington Access Ventures Jackson Cummings discusses his latest views on early-stage venture capital and why he’s “cautiously optimistic” on deployments, valuations, and exits.

By

Jackson Cummings

event March 2025

3 min

Video

2026-03-31

Interest rates Private investing Venture capital Private Investing Program Private equity Video

Late-stage growth investing: Deployment, valuations, and exits

Matt Witheiler, head of late-stage growth, outlines the state of the late-stage private market, discussing deployments, valuations, and exits.

By

Matt Witheiler

event March 2025

7 min

Video

2026-03-31

Interest rates Private credit Private investing Private Investing Program Video

Private credit: Public/private convergence

Our private credit experts explore the convergence of public and private markets, highlighting key areas of opportunity in private credit 2.0.

Multiple authors

event March 2025

9 min

Video

2026-03-31

Active management Asset allocation Private investing Private Investing Program Tactical allocation Article

Private investments: How much should I own?

Our experts discuss the key steps to determine the size of private-market allocations, focusing on illiquidity tolerance, excess return needs, and manager selection.

By

Supriya Menon

Alex King, CFA

event March 2025

4 min

Article

2026-03-31

Interest rates Private credit Private investing Private Investing Program Article

CLO equity returns in a tight spread environment

Our CLO experts discuss CLO equity investing in today's tight spread environment, focusing on arbitrage, optionality, and income potential.

By

Andrew Bayerl, CFA

event March 2025

6 min

Article

2026-02-28

Macro and market Private investing Venture capital Private Investing Program Video

Private biotech investing in 2025

Nilesh Kumar, head of biotech private investing, shares his outlook for 2025, weighing headline risk against biotech venture capital's potential tailwinds.

By

Nilesh Kumar, PhD

event February 2025

4 min

Video

2026-02-28

Macro and market Private investing Venture capital Private Investing Program Video

Private climate investing in 2025

Greg Wasserman, head of private climate investing, explores the nuanced impact of the Trump administration on climate venture capital, discussing the Inflation Reduction Act, automation, and climate adaptation opportunities.

By

event February 2025

3 min

Video

2026-02-28

Macro and market Private investing Venture capital Private Investing Program Video

Venture capital in 2025: Deployment and valuations

How are valuation and deployment trends shaping today’s opportunities in venture capital? Our VC experts explore the current state of the market and their expectations for 2025.

Multiple authors

event February 2025

4 min

Video

2026-02-28

Macro and market Private investing Venture capital Private Investing Program Video

Early-stage venture in 2025

Jackson Cummings, head of Wellington Access Ventures, explores the potential impacts of Trump 2.0 on early-stage venture, highlighting deregulation, fintech opportunities, AI-driven manufacturing innovations, and more.

By

Jackson Cummings

event February 2025

3 min

Video

2026-02-28

Macro and market Private investing Venture capital Private Investing Program Video

Late-stage growth investing in 2025

How could Trump 2.0 impact late-stage private companies? Matt Witheiler, head of late-stage growth, explores the potential impact of inflation and tariffs on the late-stage market in 2025.

By

Matt Witheiler

event February 2025

2 min

Video

2026-02-28

Interest rates Private equity Venture capital Private Investing Program Private investing Article

No more free lunch: Impact of higher interest rates on private equity

We explain what the direct and indirect rate exposure of buyouts, venture capital, growth equity, secondaries, and fund-of-funds mean for investors.

By

event February 2025

5 min

Article

2026-02-28

Private equity Climate tech Private portfolio companies Private investing Venture capital Liquid alternatives & hedge funds Growth Private investments Video

WellSaid: Partnering with climate founders

Wellington head of private climate Greg Wasserman discusses his team's approach to helping private companies progress along their growth journey

By

event February 2025

Video

2026-02-28

Energy Mid-stage Climate tech Private Investing Program Private equity Private investing USA Private portfolio companies Private investments Article

Wiring the future: Emerging tech for the transmission-grid build-out

Learn how our climate technology investment team is researching private market opportunities in high-capacity conductors and other energy grid-tech innovations.

By

Jenny Xie

event February 2025

7 min

Article

2026-02-28

Interest rates Private credit Private investing Private Investing Program Inflation Video

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.

Multiple authors

event February 2025

15 min

Video

2026-02-28

Health care Private companies Venture capital Private Investing Program Private investing WELLSaid Podcast Video

The role of public/private collaboration

Josh Sommerfeld, health care sector lead for late-stage private investments, highlights why he believes working with public-market colleagues like Dave Khtikian helps him be better at the four key parts of his job: sourcing, diligence, pricing, and exiting.

By

Thomas Mucha

Josh Sommerfeld

event February 2025

2 min

Video

2026-01-31

Macro and market Private investing Venture capital Private Investing Program Private companies Private equity Video

Venture capital roundtable: 2025 outlook

In this roundtable, we explore the short- and longer-term implications of Trump 2.0, share our views on the IPO and M&A environments, and dive into the potential impact of tariffs, labor scarcity, and a higher-for-longer interest-rate environment.

Multiple authors

event January 2025

18 min

Video

2026-01-31

Private investing Venture capital Private companies Private Investing Program Economic cycle ESG insights for private companies Private equity Mid-stage Early stage ESG Video

Private market perspectives

Hear from private market experts across our early-stage venture, climate growth, late-stage biomedical, late-stage growth, private credit, and ESG teams.

Multiple authors

event January 2025

5 min

Video

2026-01-28

Active management Liquid alternatives & hedge funds Multi-asset Content CoE Program Global Program Article Private investing

Accelerating the future of active management

CEO Jean Hynes explains how Wellington is building for the future of active management by investing in our capabilities and aligning our organization and talent with clients’ shifting needs.

By

Jean Hynes, CFA

event December 2024

9 min

Article

2025-12-31

Outlook Private investing Private equity Venture capital Article

Private Investment Outlook

In our private market outlook collection, we explore the themes driving the rapid evolution of private credit and private equity markets.

Multiple authors

event December 2024

Article

2025-12-31

Interest rates Outlook Private investing Content CoE Program Global Program Article

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.

By

Emily Bannister, CFA

Sonali Wilson

event December 2024

6 min

Article

2025-12-31

Artificial intelligence (AI) Outlook Venture capital Content CoE Program Global Program Private equity Private investing Elections Article

Venture capital outlook for 2025: 5 key trends

Our venture capital experts are encouraged by the healthier environment for venture capital in 2025. In this year's outlook, they explore key themes for the year ahead, including: higher deployment, AI, rebounding IPOs, and impacts of the 2024 election.

Multiple authors

event December 2024

7 min

Article

2025-12-31

Food served on a table set outside, without people

Artificial intelligence (AI) Private investing Venture capital Private Investing Program Private equity Article

AI is hungry: What’s on the menu?

Our technology venture capital experts explore AI’s potential for disruption, highlight potential winners and losers, and dive deep into the innovation’s impact on the software industry.

By

Rob Mazzoni

event November 2024

9 min

Article

2025-11-30

Impact Private portfolio companies Venture capital Private Investing Program Impact investing Private equity Impact measurement Private investments Sustainable investing Private investing Article

Measuring impact in venture capital

We highlight why venture capital matters to impact investors and how to authentically measure and manage impact in this asset class.

By

Oyin Oduya, CFA

event November 2024

5 min

Article

2025-11-01

Impact investing Private companies Sustainability Private investing Private equity Venture capital Liquid alternatives & hedge funds Equity Fixed income Impact Private company management Private portfolio companies Impact measurement Private investments Sustainable investing Article

Decoding impact expectations: best practices for impact investors and companies

We share three recommendations each for impact investors and companies to help them better understand and manage each other's expectations.

By

Louisa Boltz

Oyin Oduya, CFA

event October 2024

6 min

Article

2025-10-31

Private investing Venture capital Private company management Private Investing Program Private equity Americas Private companies Article ESG insights for private companies

Designing an executive compensation program: Five best practices for private companies

Our Value Creation Team highlights best practices for creating effective executive compensation programs for private companies approaching IPO.

Multiple authors

event October 2024

6 min

Article

2025-10-31

Private investing Equity Innovation Institutional Program Hybrid investing Private equity Active management Macro and market Private companies Article

When public and private markets converge

Wellington President Steve Klar discusses the evolution of the public and private markets and what it means for asset owners as they seek to tap into the growth potential of private companies and be more nimble in their investment approach.

By

Steve Klar

event September 2024

4 min

Article

2025-09-30

Macro and market Outlook Asset allocation Content CoE Program Global Program Liquid alternatives & hedge funds Fixed income Multi-asset Private investing Client objective Infographic

Picture this: Our forecast in 7 charts

What should investors expect for the remainder of 2024? View a visual summary of our Investment Outlook in seven compelling charts.

event September 2024

10 min

Infographic

2025-09-30

Private credit Fixed income Volatility Institutional Program Credit Liquid alternatives & hedge funds Private investing Article

CLO equity insights: Private credit

Explore how the convergence of public and private markets is impacting CLO equity, including the unexpected benefit it has driven in recent years.

By

Elisabeth Perenick, FSA, CFA

Andrew Bayerl, CFA

event August 2024

5 min

Article

2025-08-31

Private investing iStrat Strategic allocation Private pension (DB) Article Private credit Americas Liability-driven investing DB Private Program

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.

By

Amy Trainor, FSA

event August 2024

9 min

Article

2025-08-31

Private investing Venture capital Biotech Private Investing Program Private equity Private companies Article

Biotech IPOs in 2025: Quantity, quality, and best practices

We explore today's biotech IPO market, highlighting recent market trends, key characteristics for successful biotech IPOs, and best practices to sustain momentum as a public biotechnology company.

By

Nilesh Kumar, PhD

event August 2024

4 min

Article

2025-08-31

Private investing Asia Venture capital Article Private Investing Program Private companies Private equity

Asia’s evolving venture capital market

What's next for Asian venture capital? After a decade of growth, we explore key questions and best practices for VC investors and private companies in the region.

By

Prakhar Singh

event August 2024

6 min

Article

2025-08-31

Venture capital Artificial intelligence (AI) Private company management Private Investing Program Private equity Private investing Private portfolio companies ESG insights for private companies Article

AI governance for private companies

Explore the critical need for AI governance for private companies, addressing evolving risks, regulations, and best practices for responsible gen AI usage.

Multiple authors

event July 2024

8 min

Article

2025-07-30

Economic cycle Interest rates Late stage Venture capital Private investing Americas Whitepaper

Disappearing unicorns: The importance of capital efficiency in a higher-for-longer rate environment

Members of our late-state growth equity team share their views on the impact of interest rates on venture capital activity — including the ability of companies to reach “unicorns” status.

By