Wellington Financial Closes Fund IV at $200M

Toronto-based specialty finance firm Wellington Financial LP has closed its fourth growth capital and venture debt partnership, Wellington Financial Fund IV, at a "hard cap" of C$200 million. Wellington concurrently announced the addition of Vikram Gupta to the firm's team as partner, and the opening of its third North American office in California. The newly closed Fund IV represents a 33% increase in size over Wellington's Fund III, which was closed in 2006.

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