Wellington news

 

October 2021

Wellington Management expands diversity-focused private investing capabilities with new private equity hires


We are pleased to announce that Frederik Groce and Sasha McKenzie have joined Wellington Management as private equity investors who will help lead the firm’s diversity-focused investing on the alternatives platform. The addition of Frederik and Sasha to our team extends the firm’s commitment to addressing economic disparities and making a difference in diverse communities.

I-Hung Shih and Nilesh Kumar
November 2021

Private: Wellington Management names new co-heads of biotechnology team

We are pleased to announce that I-Hung Shih and Nilesh Kumar will co-lead our private market biotechnology team.

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Reflection
November 2021

Building a solid foundation: The latest steps in our net-zero journey

We are pleased to announce an initial commitment of US$146 billion in client assets aligned with achieving net-zero emissions by 2050 or sooner. In this statement from CEO Jean Hynes and Wendy Cromwell, Vice Chair and Head of Sustainable Investment, we outline our methodical, strategy-by-strategy approach that sets the foundation for further progress.

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Jennifer Breg
October 2021

50 Leading Women in Hedge Funds

We are pleased to announce that Vice Chair and Global Industry Analyst Jennifer Berg was recognized as one of The Hedge Fund Journal’s ”50 Leading Women in Hedge Funds.”

 

Wellington paid a sponsorship fee to be considered for this list. Editors of The Hedge Fund Journal selected 50 women to feature in their publication based on the biographies of the individuals. Inclusion in this publication is not indicative of Wellington Management’s performance and this does not represent a recommendation to buy or invest in any securities.

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Reilly, Shanna
October 2021

Shanna O’Reilly named to Wall Street Journal Private Equity Women to Watch list

Congratulations to Shanna O’Reilly, Co-Head, Private Investments, who was recognized by WSJ Pro on its Private Equity Women to Watch list. A wonderful achievement!

 

WSJ Pro Private Equity selected 7 women playing an active role in the limited-partner and fundraising communities as part of their 2021 Women to Watch list. Inclusion in this publication is not indicative of Wellington Management’s performance and this does not represent a recommendation to buy or invest in any securities.

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Mary Pryshlak
October 2021

Mary Pryshlak featured on FCLTGlobal’s Going Long Podcast

What will it take for crypto to become a viable asset class? Have we put the right price on water? Listen to Mary Pryshlak, CFA, head of Investment Research, explore these and other Future Themes topics on the latest episode of FCLTGlobal’s Going Long Podcast.

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Molly
October 2021

Wellington Management expands private investing capabilities with new climate-focused investor

We are pleased to welcome Molly Breiner to our private market sustainable investing team. Molly will focus on climate solutions in sustainable consumer, food, and agriculture.

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Michael Masdea
September 2021

The Business Times | Successful innovation investing

In a recent roundtable with The Business Times, three experts — including Wellington’s Michael Masdea — shared their views on today’s megatrends and the investable opportunities sparked by innovation that extends far beyond technology alone.

 

Source: The Business Times
© Singapore Press Holdings Limited. Permission required for reproduction.

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Jackson Cummings and Van Jones
August 2021

Wellington Management expands diversity-focused private investing capabilities

We are pleased to announce that Jackson Cummings and Van Jones have joined Wellington Management as senior private equity investors who will help lead the firm’s diversity-focused investing on the alternatives platform. The addition of Jackson and Van to our investing leadership extends the firm’s commitment to addressing economic disparities and making a difference in diverse communities.

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Jean Hynes
July 2021

Jean Hynes receives 2021 North American Industry Leadership Award from 100 Women in Finance

Congratulations to Wellington Management’s CEO, Jean Hynes, on receiving 100 Women In Finance’s 2021 North American Industry Leadership Award! Learn more about the award on the 100 Women in Finance website.

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Windmills
July 2021

Press release: Wellington and Enel Green Power form a groundbreaking renewables initiative

Wellington and Enel Green Power have agreed to terms for a first-of-its-kind, 10-year virtual power purchase agreement (VPPA) for renewable energy. Wellington expects to become the first company in the world to develop a VPPA to match fully both its US employees’ total home and corporate electricity usage with clean energy.

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Yash Patodia
June 2021

The Business Times | Asia’s big digital transformation

In a recent roundtable with The Business Times, three experts — including Wellington’s Yash Patodia — shared their views on the likely impact Asia tech would have on digital transformation and discussed their strongest investible ideas.

 

Source: The Business Times
© Singapore Press Holdings Limited. Permission required for reproduction.

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Physical Risks of Climate Change (P-ROCC 2.0)
June 2021

Press release: Industry partners join Wellington Management in a call for location data in climate disclosures

Wellington and Woodwell Climate Research Center announced P-ROCC 2.0, extending the 2019 framework designed to help companies disclose the potential effects of physical risks of climate change on their business. The new framework outlines how companies can share location data that will enhance transparency and help investors make more informed investment decisions. View P-ROCC 2.0 here.

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Burgees Terrence
June 2021

New Managing Partner Elected

Effective 1 July 2021, Terry Burgess will join Jean Hynes and Steve Klar as one of three Managing Partners of Wellington Management Group, LLP. Terry will succeed Brendan Swords as a Managing Partner.

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Masdea Michael
June 2021

Institutional Investor | At Wellington, Portfolio Managers Also Code

Wellington’s Head of Investment Science, Michael Masdea, discusses how we seek to marry the traditional art of investing with all the latest benefits of data science in this Institutional Investor article.

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Cromwell Wendy
April 2021

Wendy Cromwell on Bloomberg TV: We’re Bridging The Gap Between Climate & Finance

Wellington’s Director of Sustainable Investment Wendy Cromwell spoke with Bloomberg’s Alix Steel about how our firm is preparing for climate change – including our research partnership with Woodwell Climate Research Center to map the physical impacts of climate change and our founding membership with the Net Zero Asset Managers initiative. Watch the interview here:

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April 2021
Wall Street Journal | 15 CEOs reflect on their pandemic year and the lessons they’ve learned

In this photo essay from the Wall Street Journal, 15 CEOs — including Wellington’s incoming CEO Jean Hynes — share how and where they’ve been working during the pandemic, and offer some lessons learned during this unprecedented time.

March 2021
Barron’s report | The 100 Most Influential Women in US Finance

Congratulations to our incoming CEO Jean Hynes on being named one of the 100 Most Influential Women in US Finance for the second consecutive year by Barron’s!

March 2021
Milken Institute Event: Digitalization and the Future of Asset Management Wellington’s Co-Head of Technology, Madeleine Dassule, recently joined a panel of experts at a virtual Milken Institute event to discuss digitization and the future of asset management.
Bloomberg Opinion
March 2021
Bloomberg Opinion | Masters in Business Podcast, featuring Jean Hynes Wellington’s incoming CEO Jean Hynes sat down with Barry Ritholtz for Bloomberg’s Masters in Business podcast series. Hear Jean and Barry cover a number of topics ranging from career advice — including the three things Jean’s mentor taught her and what advice she would give to recent college graduates, health care as a growth industry on the brink of making dramatic changes in oncology, Wellington’s expansion into alternatives and private equity, and more.

February 2021
Wellington Management expands private investing capabilities with new climate-focused senior investors

Wellington Management, today announced it has hired two senior investors focused on private market sustainable investing. This additional investment in resources builds on the firm’s 14 years in climate investing, over 25 years in alternatives investing and close to US$5 billion in dedicated committed capital in the private markets.

February 2021
Wellington Joins Corporate Call to Action: Coalition for Equity and Opportunity
Wellington is proud to be a member of the Corporate Call to Action and to commit to transparency around our diversity, equity, and inclusion efforts. A diverse workforce and inclusive culture are critical to the pursuit of our mission: to exceed the investment and service expectations of our clients.
February 2021
Jean Hynes in Bloomberg: Wellington’s Next CEO Sees Active Management Regaining Clout In a recent Q&A with Bloomberg, Jean Hynes discusses active management, growth in private equity, her career path from administrative assistant to managing partner, and how she will balance dual roles of portfolio manager and CEO.

February 2021
Wellington Management expands European presence with new office in Milan

Wellington has opened a new office in Milan, underscoring our commitment to the Italian market, which we see as a key strategic priority. Wellington has been serving Italian clients such as pension funds, insurance companies and intermediaries for 20 years. The new office will bring us closer to our clients and help us to serve them better, giving them access to our broad expertise across asset classes.

December 2020
Professional Pensions Investment Awards 2020 — Multi Asset/Sector Credit Manager of the Year
Wellington has won Multi Asset/Sector Credit Manager of the Year at the Professional Pensions Investment Awards 2020. We were commended among other things for the breadth and depth of our credit platform and for navigating the challenges of COVID-19’s impact on capital markets.

For professional or institutional investors only. The award may not be representative of any one client’s experience. Past performance is no guarantee of future results. Wellington Management did not pay a fee to be considered.

December 2020
Wellington joins Net Zero Asset Managers Initiative

We are pleased to announce that Wellington Management is joining the Net Zero Asset Managers Initiative as a founding member. Through this initiative, we commit to work in partnership with clients on their decarbonisation goals and set an interim target for the proportion of assets to be managed in line with the attainment of net-zero emissions by 2050.

Pension Insurance Corporation (PIC)
November 2020
Wellington Management to manage £700 million US municipal bond mandate for PIC

We are pleased to announce that Wellington Management has been appointed to manage a £700 million US municipal bond mandate for Pension Insurance Corporation (PIC). PIC cited Wellington’s municipal bonds, ESG and climate risk expertise as factors in their decision. PIC views municipal bonds as an attractive opportunity set, and we believe this allocation has strong growth potential.

Read full press release
November 2020
50 Leading Women in Hedge Funds
We are pleased to announce that Portfolio Managers Ann Gallo and Arancha Cano were recently recognized as two of The Hedge Fund Journal’s ”50 Leading Women in Hedge Funds.” For more on Ann and Arancha, view the full article here. In addition, read a recent profile of Arancha exploring her views on long/short investing.

Wellington Management did not pay a fee to be considered. Editors of Hedge Fund Journal selected 50 women to feature in their publication based on the biographies of the individuals. Inclusion in this publication is not indicative of Wellington Management’s past or future performance.
October 2020
Jean Hynes featured in recent Boston Globe article
The Boston Globe published an article, in late October, featuring Jean Hynes, titled “Wellington appoints its first female CEO, still a rarity in the fund management world.” In the article, Jean shares her vision for the future of our firm — including a deliberate approach to diversity and inclusion and a focus on private equity, sustainable investing, and climate change initiatives.
Brendan Swords Jean Hynes

1 September 2020
Jean Hynes to Succeed Brendan Swords as Chief Executive Officer of Wellington Management
Wellington Management announced that Brendan Swords, Chief Executive Officer, will retire from Wellington on 30 June 2021. At that time Jean Hynes, Managing Partner, will succeed Mr. Swords as Chief Executive Officer.

June 2020
Wendy Cromwell featured on Capital Allocators podcast
Tune in to hear Wellington’s Wendy Cromwell discuss sustainable investing with Ted Seides, host of the popular investing podcast Capital Allocators. Wendy is the first of 10 industry leaders to be featured in a series called  Sustainable Investing: The Next Frontier. In the 70-minute episode, Wendy shares her insights on this growing global market, Wellington’s sustainable investing capabilities, and why several market inefficiencies present avenues for active investors to deliver value.

5 May 2020
Wellington and leading Canadian pension plan to further integrate climate science research
Wellington Management, one of the world’s largest independent investment management firms, and Ontario Teachers’ Pension Plan (“Ontario Teachers’”), the largest single-profession pension plan in Canada, announced they have expanded their strategic relationship to further integrate leading climate science research into the pension plan’s investment process. For this new initiative with Ontario Teachers, Wellington will continue to collaborate with Woods Hole Research Center, the world’s top-ranked climate change think tank.

27 January 2020
Insurance Asset Risk Awards 2020 — Investment Innovation of the Year

Wellington Management is pleased to have won the 2020 Investment Innovation of the Year award from Insurance Asset Risk. Climate risk is a key topic for global insurance companies, and this award highlights our commitment to climate science and our research partnership with Woods Hole Research Center, the world’s leading independent climate science institute.

For professional or institutional investors only. The award may not be representative of any one client’s experience. The award is not indicative of Wellington Management’s future performance. Past performance is no guarantee of future results.

Great Barrier Reef

September 2019
Press release: Wellington and CalPERS announce new framework for assessing climate change risks
Wellington Management and the California Public Employees’ Retirement System (CalPERS) have launched a new framework designed to help companies and their executive teams assess and disclose the potential impacts of the physical risks of climate change (P-ROCC) on their business. This new P-ROCC framework seeks to improve how companies disclose their physical vulnerabilities, and thereby help asset owners and investment managers better evaluate the ability of the companies they invest in to adapt to or mitigate such risks.

Way in the tropical jungle near the Annapurna Nepal

April 2019
Barron’s: Wellington’s Climate Strategy
Our evolving approach to environmental, social, and corporate governance investing is covered in this article by Barron’s – with a focus on our climate research and our partnership with Wood’s Hole Research Center.

Solar powered windmills

April 2019
The New York Times: Incorporating climate science research into our investment process
Our commitment to research at the intersection of climate science and investment management is highlighted in this New York Times  article featuring Wellington’s Director of Climate Research Chris Goolgasian and Portfolio Manager Alan Hsu. Our collaborative climate science initiative with Woods Hole Research Center is helping us better assess the risks and opportunities presented by climate change.

Alyssa Irving and Liz Kleinerman

February 2019
Reactions magazine’s Women’s Leadership Forum 2019
Insurance Fixed Income Portfolio Managers Alyssa Irving and Elizabeth Kleinerman were recently featured as part of Reactions  magazine’s Women’s Leadership Forum 2019. Alyssa and Liz reflect on valuable personal and professional advice they have received throughout their careers and provide insightful lessons learned both inside and outside of Wellington. – Sponsored content

Jean Hynes

14 January 2019
Hear Jean Hynes on the Capital Allocators podcast
Wellington’s Jean Hynes was recently featured on the Capital Allocators podcast, discussing her nearly three decades as a health care investor and her experience as a senior leader of our firm. During the interview, she touches on Wellington’s collaborative culture, our approach to globalisation, and changes in the health care sector.

Wendy Cromwell

5 December 2018
Wendy Cromwell elected to PRI board
Our Vice Chair and Director of Sustainable Investment, Wendy Cromwell, has been elected to the United Nations-backed Principles for Responsible Investment Board as an investment manager representative.

24 September 2018
Press release: Strategic climate science initiative
Wellington Management, one of the world’s largest independent investment management firms, and Woods Hole Research Center, the world’s leading independent climate research institute, today announced a collaborative initiative to integrate climate science and asset management.

ESG 2.0 icon

June 2018
Bloomberg: “Wellington pushes ESG 2.0 focusing on alpha more than altruism”
Several Wellington experts were interviewed in this article focusing on how environmental, social, and corporate governance (ESG) considerations are being used to help asset managers make more informed decisions about the companies they hold in their portfolios.

Toronto city scape

3 April 2018
Press release: Wellington Management opens new office in Toronto

Wellington today announced the opening of its first Canadian office. Located in the Exchange Tower at 130 King Street West in Toronto, the new office creates greater proximity to better serve Wellington’s clients.

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