Wellington Management related stories
All articles and analysis
Peloton rides off with $325 mln Series ENew York City-based Peloton, which live streams instructional cycling exercise content, has raised $325 million in Series E financing. Wellington Management, Fidelity Investments, Kleiner Perkins Caufield & Byers and True Ventures led the round with participation from other backers that included Comcast NBCUniversal, GGV Capital, Balyasny and QuestMark.
- The new breed of Chinese LP
China’s wealth management platforms are among the country’s biggest investors in private equity, and they have their sights set on Silicon Valley.
- Neon Therapeutics racks up $70 mln Series B
Cambridge, Massachusetts-based Neon Therapeutics, an immuno-oncology company developing neoantigen-based therapeutic vaccines and T cell therapies to treat cancer, has closed $70 million in Series B financing. Partner Fund Management led the round with participation from Third Rock Ventures, Access Industries, Fidelity Management & Research Company, Wellington Management Company, Inbio Ventures and Nextech Invest.
- VicSuper appoints new CIO
The $12.6bn Australian super fund revised its allocation to alternatives, from 13.5% to 15.8% in May.
- VC-backed Trade Desk files for IPO
Ventura, California-based The Trade Desk, a global tech platform provider for advertising buyers, has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. The company plans on trading the stock on the NASDAQ under the ticker symbol "TTD." Citigroup, Jefferies and RBC will serve as the lead underwriters. Trade Desk's backers include IA Ventures, Founder Collective, Wellington Management and Highwind.
VC-backed Bitmaker acquired by VC-backed General AssemblyNew York-based education-to-employment specialist General Assembly (GA) has acquired Bitmaker Labs, a Canadian provider of education in computer programming and technology. No financial terms were disclosed. GA said Toronto-based Bitmaker's team, including CEO and Founder Andrew Mawer, will continue to lead the company's growth as a subsidiary. Founded in 2012, Bitmaker raised funding /canada/2014/11/russell-square-partners-leads-investment-in-bitmaker-labs/ in November 2014 in a round led by Russell Square Partners. GA has raised close to US$120 million in venture capital since its launch in 2011. Its backers include Advance Publications, GSV Capital, IVP, Learn Capital, Maveron and Wellington Management.