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Abstract

Wellington Financial LP is a privately held specialty finance firm providing operating lines of credit from $1 million to $5 million; term loans and amortizing loans from $2 million to $30 million; and venture debt loans from $2 million to $10 million. Wellington Financial LP manages Wellington Financial Fund II, an $83 million debt fund and Wellington Financial Fund III, a proposed $125 million debt fund. Wellington Financial clients vary in size and business model, but generally have current year revenue in excess of $5 million. Wellington Financial is managed by a partnership controlled by Fund management and Clairvest Group Inc. (CVG:TSX), who jointly have contributed a large financial stake in Fund II and Fund III. Limited partners include several Canadian institutional investors, such as pension funds, life insurance companies and money management firms. Please visit our website at www.wellingtonfund.com.

Details

Title
Wellington Financial Announces Fund III Second Closing; New $400 million Investment Program Under Way
Pages
1
Publication year
2006
Publication date
Aug 31, 2006
Publisher
Intrado Digital Media Canada Inc.
Source type
Trade Journal
Language of publication
English
ProQuest document ID
338602348
Copyright
Copyright CCNMatthews Aug 31, 2006