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Alternative Market Briefing

Wellington hires the five-person investment team from Shelter Haven to add hedge fund capabilities

Wednesday, February 16, 2022

Laxman Pai, Opalesque Asia:

The investment management firm Wellington Management is hiring the five-person investment team from Shelter Haven Capital Management, a market-neutral long/short equity hedge fund manager, to join the firm's $32.1 billion alternative investments unit.

Shelter Haven was founded in 2017 by Jerry Kochanski, an experienced alternatives portfolio manager, and currently oversees approximately US$350 million in client assets across separate accounts and commingled funds.

Shelter Haven's team of five investment professionals includes Hedge Fund Analysts Ross Hammer and Michael Yuan, and Research Associates Julia Karl and Alan Zhang, who will all be joining Mr. Kochanski at Wellington on 1 March. The manager that primarily focuses on small and mid-cap companies in the technology, media, telecom, and consumer sectors will close before the end of the year.

"This exciting development represents a unique opportunity for Wellington to expand our alternatives capabilities with an experienced investment team and an established client base," said Christopher Kirk, Senior Managing Director, Wellington Alternative Investments. "The market neutral strategy also aligns well with our alternatives priorities and demand from our clients."

The Shelter Haven team will continue to manage the same market-neutral, highly idiosyncratic investment strategy at Wellington. The strategy focuses on delivering returns that are uncorrelated with market betas, a......................

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