Wellington Management Company raises $2.2bn

The Boston asset manager has closed its private equity fund.

Fund name: Hadley Harbor Partners III
Fund size: $1.8 billion
Launch date: December 2019
Stage of fundraising: Final close
Predecessor vehicle: Hadley Harbor Partners II ($1.4 billion)

Wellington Management Company held a final closing of Hadley Harbor Partners III on $2.2 billion, with $1.8 billion raised by the main fund and $400 million raised by co-investment vehicles. Committed capital will be used to invest in companies globally across diversified sectors.

Fund III received commitments from several institutional investors, including a $10 million commitment from Hartford Municipal Employees Retirement Fund.