Wellington Financial expands into life sciences with Jeff Chapman hire

Canadian specialty finance firm Wellington Financial has expanded into the healthcare and life sciences vertical with its hire of Jeff Chapman. Chapman, an experienced life sciences investment professional who most recently served as a senior executive at Comerica Bank, assumed the role of partner and head of healthcare and life sciences at Wellington. He will operate from the firm's Menlo Park office. Toronto-based Wellington closed its fifth innovation private debt fund at $300 million in 2015. It has since committed over $100 million to 11 venture-backed companies in Canada and the United States.

CanadaNorth AmericaHuman ResourcesBriefs