Wellington Partners

Wellington Partners

Industry	Private equity
Founded	1998
Headquarters	London, Munich, Zürich
Products	Venture Capital
Number of employees	25+
Website	www.wellington-partners.com

Wellington Partners is a pan-European venture capital firm with some €800 million under management and offices in London, Munich and Zurich. The firm invests in young companies throughout Europe, mainly in the areas of technology, life sciences and digital media (e.g. interactive TV, gaming, Web 2.0).

History

In 1991, Rolf Dienst founded Wellington Partners after he had built one of the first - and still one of the largest - German venture capital firms, TVM Capital, during the 1980s. In 1998, Wellington Partners closed its first fund, Wellington Partners I. Two years later, the firm closed its second fund on €210 million. After considering suggestions from investors, Wellington Partners initiated its first pure technology fund with €150 million in 2004 and its first life sciences fund in 2006. At the beginning of 2008, the company closed its latest technology fund at €265 million.

External links

• Wellington Partners
• Bundesverband der Kapitalbeteiligungsgesellschaften
• CrunchBase
• Gründerszene

References

Private equity and venture capital Basic investment types Buyout Venture Mezzanine Growth Secondaries Equity co-investment History History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s Terms and concepts Buyout Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization Venture Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round Structure Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund Investors Corporations Institutional investors Pension funds Insurance companies Fund of funds Endowments Foundations Investment banks Merchant banks Commercial banks High-net-worth individuals Family offices Sovereign wealth funds Crowdfunding Related financial terms AUM Cap table Capital call Capital commitment Capital structure Distribution waterfall EBITDA Envy ratio High-yield debt IPO IRR Leverage Liquidation preference M&A PME Taxation of private equity and hedge funds Undercapitalization Vintage year Private equity and venture capital investors Private equity firms Venture capital firms Angel investors Portfolio companies