Private investing

event

9 min

Article

2025-11-30

Impact Private portfolio companies Venture capital Private Investing Program Impact investing Impact measurement Private investments Sustainable investing Private investing Article

Measuring impact in venture capital

We highlight why venture capital matters to impact investors and how to authentically measure and manage impact in this asset class.

By

Oyin Oduya, CFA

event

5 min

Article

2025-11-01

Impact investing Private companies Sustainability Private investing Private equity Venture capital Alternatives Equity Fixed income Impact Private company management Private portfolio companies Impact measurement Private investments Sustainable investing Article

Decoding impact expectations: best practices for impact investors and companies

We share three recommendations each for impact investors and companies to help them better understand and manage each other's expectations.

By

Louisa Boltz

Oyin Oduya, CFA

event

6 min

Article

2025-10-31

Private investing Venture capital Private company management Private Investing Program Americas Private companies Article ESG insights for private companies

Designing an executive compensation program: Five best practices for private companies

Our Value Creation Team highlights best practices for creating effective executive compensation programs for private companies approaching IPO.

Multiple authors

event

6 min

Article

2025-10-31

Venture capital Late stage Private equity Alternatives Private companies Private company management Private investments Article

Private equity deep dive

We explore four key private equity questions to help investors better understand how these strategies compare and complement each other in a portfolio. In particular, we highlight the distinct opportunity sets, risk-return characteristics, and portfolio roles of venture capital and buyout strategies.

By

event

5 min

Article

2025-09-30

Private investing Equity Innovation Institutional Program Hybrid investing Active management Macro and market Private companies Article

When public and private markets converge

Wellington President Steve Klar discusses the evolution of the public and private markets and what it means for asset owners as they seek to tap into the growth potential of private companies and be more nimble in their investment approach.

By

Steve Klar

event

4 min

Article

2025-09-30

Macro and market Outlook Asset allocation Content CoE Program Global Program Alternatives Fixed income Multi-asset Private investing Client objective Infographic

Picture this: Our forecast in 7 charts

What should investors expect for the remainder of 2024? View a visual summary of our Investment Outlook in seven compelling charts.

event

10 min

Infographic

2025-09-30

Private debt Fixed income Volatility Institutional Program Credit Alternatives Private investing Article

CLO equity insights: Private credit

Explore how the convergence of public and private markets is impacting CLO equity, including the unexpected benefit it has driven in recent years.

By

Alyssa Irving

Andrew Bayerl, CFA

event

5 min

Article

2025-08-31

Private debt Liability-driven investing Strategic allocation DB Private Program Private pension (DB) Credit Private investing Americas Article

Private placements: A primer for corporate DB plans preparing to derisk

With many corporate DB plans exploring derisking opportunities, Portfolio Manager Elisabeth Perenick and Multi-Asset Strategist Amy Trainor discuss the potential role that private investment-grade credit, or private placements, could play and consider common questions about liquidity and allocation sizing.

By

Amy Trainor, FSA

event

9 min

Article

2025-08-31

Private portfolio companies Private equity Business practices ESG insights for private companies Private company management ESG Article

Human capital management for private companies

We discuss why effective people management is critical for private companies and outline four strategic focus areas that can help companies navigate evolving employee needs, regulatory changes, and investor expectations.

Multiple authors

event

7 min

Article

2025-08-28

Private investing Venture capital Biotech Private Investing Program Private equity Private companies Article

Biotech IPOs in 2025: Quantity, quality, and best practices

We explore today's biotech IPO market, highlighting recent market trends, key characteristics for successful biotech IPOs, and best practices to sustain momentum as a public biotechnology company.

By

Nilesh Kumar, PhD

event

4 min

Article

2025-08-31

Private investing Asia Venture capital Article Private Investing Program Private companies

Asia’s evolving venture capital market

What's next for Asian venture capital? After a decade of growth, we explore key questions and best practices for VC investors and private companies in the region.

By

Prakhar Singh

event

6 min

Article

2025-08-31

Venture capital Artificial intelligence (AI) Private company management Private Investing Program Private equity Private investing Private portfolio companies ESG insights for private companies Article

AI governance for private companies

Explore the critical need for AI governance for private companies, addressing evolving risks, regulations, and best practices for responsible gen AI usage.

Multiple authors

event

8 min

Article

2025-07-30

Private equity Education Private companies Private Investing Program Private investments Article

Understanding private equity performance

We dive deep on best practices for measuring and benchmarking private equity performance. In addition, we outline the J-curve and the impact of fund lifecycle on returns.

By

event

Article

2025-07-31

Economic cycle Interest rates Late stage Venture capital Private investing Americas Whitepaper

Disappearing unicorns: The importance of capital efficiency in a higher-for-longer rate environment

Members of our late-state growth equity team share their views on the impact of interest rates on venture capital activity — including the ability of companies to reach “unicorns” status.

By

event

8 min

Whitepaper

2025-07-31

Private investing Private debt Outlook Article

Beyond the noise: Four key drivers of private credit opportunities

With recent negative headlines around private credit, we think it's crucial to move beyond the noise and explore the asset class's enduring trends like disintermediation, the convergence of public and private markets, and much more.

Multiple authors

event

4 min

Article

2025-06-30

Private portfolio companies Private equity ESG Private company management ESG insights for private companies Private investments Article

Cybersecurity for private companies

We highlight today's rising cybersecurity risks, explore how they impact private companies, discuss key regulatory considerations, and share best practices for companies facing these threats.

Multiple authors

event

8 min

Article

2025-06-30

Private investing Private equity Outlook Private companies Late stage Venture capital Article

8 emerging venture capital trends

We share eight of the themes driving venture capital markets in 2024, including capital efficiency, DPI, the IPO market recovery, and much more.

Multiple authors

event

7 min

Article

2025-06-30

Outlook Alternatives Hedge funds Private debt Volatility Economic cycle Private equity Article

Alternative Investment Outlook

This collection provides timely ideas across the spectrum of alternative investments -- including hedge funds, private equity, and private credit.

Multiple authors

event

Article

2025-06-30

Private investing Health care Venture capital Private investments Article

Built to last? Identifying durable health care start-ups

Two members of our late-stage growth team share insights and results from their recent analysis of enterprise-value trajectories for private, non-biotech health care companies.

By

Josh Sommerfeld

Jahon Rafian

event

14 min

Article

2025-05-23

Biotech Private companies Innovation Private investing Alternatives Americas Private investments Article

Innovation and M&A driving biotech recovery

We are optimistic that the biotech market will continue to recover, supported by innovation, an improving macroeconomic environment, continued M&A activity, and improved fundamentals for the sector.

By

Irina Margine, PhD

event

10 min

Article

2025-04-30

Artificial intelligence (AI) Early stage Consumer discretionary Private investments Private companies Private portfolio companies Americas Private investing Venture capital Article Alternatives

Hyper-personalization and the AI-driven commerce revolution

A member of our early-stage venture team explores the many ways in which artificial intelligence is likely to transform the consumer experience.

By

Sasha McKenzie

event

Article

2025-03-31

Private equity Climate tech Private portfolio companies Private investing Venture capital Alternatives Growth Private investments Video

WellSaid: Partnering with climate founders

Wellington head of private climate Greg Wasserman discusses his team's approach to helping private companies progress along their growth journey

By

Greg Wasserman, CFA

event

Video

2025-01-31

Outlook Venture capital Private equity Alternatives Growth Private companies Private investments Article

Venture capital outlook: Signals point to a brighter 2024

Our private investing team sees positive signals indicating that the recent downturn in venture capital may have hit bottom. Just as privates trailed the public market correction in 2022, we believe they will follow its recovery.

By

event

Article

2025-01-31

Interest rates Venture capital Late stage Private investing Alternatives Americas Private companies Private investments Article

No more free lunch: Impact of higher interest rates on private equity strategies

We explain what the direct and indirect rate exposure of buyouts, venture capital, growth equity, secondaries, and fund-of-funds mean for investors.

By

event

Article

2025-01-31

Private equity Private portfolio companies Private investments ESG insights for private companies Early stage Mid-stage Late stage ESG Economic cycle Video Article

Private market perspectives

Hear from private market experts across our early-stage venture, climate growth, late-stage biomedical, late-stage growth, private credit, and ESG teams.

Multiple authors

event

Video

2025-01-31

Biotech Venture capital Private equity Alternatives Health care Innovation Private investments Article

Private biotech: Immunology and inflammation’s third wave

Our experts discuss how I&I is building on industry progress to offer new treatment solutions and interesting opportunities for private biotech investors.

Multiple authors

event

Article

2024-12-31

Venture capital Private equity Private investing Alternatives ESG Private company management Private portfolio companies ESG insights for private companies Private investments Article

Five key ESG topics for private companies in 2024

See where our ESG for Private Investments team is focusing to minimize investment risk and maximize company value in 2024 and beyond.

Multiple authors

event

Article

2024-12-31

Outlook Private debt Macro and market Alternatives Private investments Article

Private credit: Key market themes for the year ahead

In our annual private credit outlook, learn about three themes that have dominated headlines recently and may create opportunities for parts of the private credit market going forward.

By

Emeka Onukwugha, CFA

event

Article

2024-12-31

Early stage Venture capital Private equity Alternatives Private portfolio companies Private company management Private investments Article

Growth efficiency: The new venture capital regime

Frederik Groce, Deal Lead for Wellington Access Ventures, explores how the 'growth-at-any-cost' venture capital regime has shifted to a focus on growth efficiency, highlighting two key metrics for companies to keep top of mind.

By

Frederik Groce

event

Article

2024-11-30

Climate tech Venture capital Private equity Private investments Climate Mid-stage Private company management Private portfolio companies Artificial intelligence (AI) Alternatives Video

Private investing portfolio company interview with AMP Robotics CEO

Dr. Matanya Horowitz, CEO of AMP Robotics, highlights how the company integrates AI and robotics into the recycling industry and explores the “actionable guidance” Wellington provides on ESG and other strategic issues.

event

Video

2024-10-31

Early stage Venture capital Private equity Alternatives Private portfolio companies DEI Private investments Article Press release

Supporting the next generation of entrepreneurs

We highlight how Wellington Access Ventures, our early-stage VC platform, partners with historically underrepresented founders and offers the capital, resources, and networks that these companies have historically lacked.

Multiple authors

event

Article

2024-05-31

Liability-driven investing Asset allocation Portfolio construction Private pension (DB) iStrat Private debt Multi-asset Strategic allocation Diversification Whitepaper

Liability-hedging diversifiers: What’s on your pension’s playlist?

Corporate pensions moving closer to their end state may benefit from more diversified liability-hedging allocations. To help, LDI Team Chair Amy Trainor offers a liability-hedging diversifiers “playlist” — a set of asset classes and strategies that may harmonize well with a variety of objectives, from downside mitigation to long-term outperformance versus long corporate bonds.

By

Amy Trainor, FSA

event

Whitepaper

2024-10-31

Biotech Venture capital Private equity Private investments Private portfolio companies Late stage Alternatives Video

Private investing portfolio company interview with RayzeBio CEO Ken Song

Dr. Ken Song, President and CEO of RayzeBio, discusses the company’s innovative approach to radiopharmaceuticals and highlights how Wellington’s public and private investment expertise is distinctive in the health care space.

event

Video

2024-09-30

Private equity Private portfolio companies Climate Private investments ESG insights for private companies ESG Sustainable investing Article

Why climate change matters in private markets

We explore why climate change matters in private markets, highlight the current regulatory landscape, and profile key questions to expect from public market investors.

Multiple authors

event

Article

2024-10-31

Outlook Private investing Volatility Equity Fixed income Alternatives Inflation

Economic and market forecast in six charts

This visual summary of Wellington Management’s 2023 Outlook captures insights on economic and market forces shaping investment results from specialists from across our investment platform.

event

2024-08-31

Venture capital Private equity Private portfolio companies Private companies Late stage Private company management ESG Alternatives Private investing Private investments Podcast

WellSaid: Partnering with portfolio companies

Co-head of private investing Michael Carmen explores how we partner with portfolio companies to help them along the "last mile from the private market to the public market" including on key ESG issues for private companies to consider.

By

event

Podcast

2024-07-31

Biotech Private equity Private companies Private investments Innovation Article

Biotech for the next decade: Private market innovations

We explore our latest research in private biotech innovation across immunomodulatory therapies, precision oncology, antibody drug conjugates, radiopharmaceuticals, genetic medicines, and a range of other novel treatment modalities.

Multiple authors

event

Article

2024-07-31

Outlook Alternatives Hedge funds Private debt Alternatives investing Article Tactical allocation Multi-Asset solutions iStrat

Focus on what you can control: Five alternative investment ideas for an uncertain world

Multi-Asset Strategists Nick Samouilhan and Adam Berger explain how a variety of alternative investments, including select hedge funds and private credit, could help allocators reduce the importance of the economic cycle to their portfolio results.

By

Nick Samouilhan, PhD, CFA, FRM

event

Article

2024-06-30

Outlook Private equity Bank liquidity Volatility Interest rates Inflation Private investments Article

Private credit in a new regime

We explore how a shifting macro backdrop, ongoing banking crisis, and evolving competitive dynamics may create opportunities across private credit markets.

By

Emeka Onukwugha, CFA

event

Article

2024-06-30

Outlook Private equity Private companies Volatility Private investments Article

The state of venture capital markets

Co-head of private investments Michael Carmen shares his outlook for venture capital markets, including the state of deal flow, valuations, and the IPO market.

By

event

Article

2024-06-30

Private companies Private equity ESG Private portfolio companies Private company management ESG insights for private companies Private investments Article

A guide to ESG materiality assessments

We continue our "ESG insights for private companies" series by exploring ESG materiality assessments, including why they are important and how to conduct one for your private company.

Multiple authors

event

Article

2025-07-31

Multi-asset Alternatives iStrat Strategic allocation Public pension (DB) Equity Fixed income Whitepaper Private equity Multi-Asset solutions

Closing the return gap: A new set of “stepping stone” ideas

Multi-Asset Strategist Adam Berger offers incremental, flexible investment ideas that can be combined to help asset owners pursue their goals amid declining capital market return expectations.

By

event

Whitepaper

2024-08-02

Private equity Private portfolio companies Equity Biotech Late stage Private company management WELLSaid Podcast No Optimizely Unique Perspectives Brand Private investments Podcast

Private biotech market: Innovation, valuations, and capital efficiency

Co-heads of biotech private investments I-hung Shih and Nilesh Kumar join host Thomas Mucha to explore today's private biotech market, highlighting the state of deal flow, valuations, and innovation.

By

Thomas Mucha

Nilesh Kumar, PhD

event

Podcast

2024-03-31

Bank liquidity Fintech Venture capital Global Industry Research Alternatives Equity Volatility Private companies Private investments Quick Take

How do bank failures impact fintech?

Global Industry Analyst Matt Ross analyzes the ways in which recent US bank failures could impact the fintech sector in public and private markets.

By

Matt Ross, CFA

event

Quick Take

2024-04-30

Biotech Private equity Fundamental equity Private companies Regulatory Private investments Article

Private biotech: Innovation amid disruption

We explore the state of the private biotech market, highlight key areas of innovation, and share three themes we expect to continue.

Multiple authors

event

Article

2024-04-30

Bank liquidity Private equity Volatility Private investments Quick Take

Private placement amid today’s financial distress

We explore how today's challenging environment impacts private credit markets, including its effects on spreads, issuance, and terms.

By

Emeka Onukwugha, CFA

event

Quick Take

2024-03-31

Volatility Private equity Top of Mind iStrat Article Strategic allocation Multi-Asset solutions

The denominator effect: Thoughts on the rise in private equity allocations

The sharp drop in public markets has left many asset owners with above-target exposure to private assets, raising a number of governance questions. Multi-Asset Strategist Adam Berger considers the likely responses and their potential pros and cons.

By

event

Article

2024-02-29

Private equity Private portfolio companies Brand Private investments WELLSaid Podcast No Optimizely Private companies Economic cycle ESG Article

Private equity market in 2023

In the first episode of WellSaid Season 2, Co-Head of Private Investing Michael Carmen joins host Thomas Mucha to share his constructive outlook for today's rapidly evolving private market landscape. In addition, they discuss the role of ESG in privates, how Wellington collaborates with entrepreneurs, and much more.

By

Thomas Mucha

event

Article

2024-02-29

Fintech ESG Private equity Global Industry Research Digital payments Alternatives investing Private investments Article Private portfolio companies

The role of ESG in fintech

Global Industry Analyst Matt Ross and Portfolio Manager Matt Lipton explore the role of ESG in fintech in this clip from their WellSaid podcast episode.

Multiple authors

event

Article

2024-01-31

Outlook Macro and market Economic cycle Private equity Fixed income Alternatives Inflation Geopolitical Climate

Picture this: Our 2023 economic forecast in five charts

We explain the shifts the market is undergoing, analyze the implications for different asset classes, and identify potential risks and opportunities in a series of visuals.

event

2023-12-31

Digital payments Cryptocurrency Disruption Cloud computing E-commerce Information technology Financials Alternatives Equity Private equity Global Industry Research Fintech program Video

Fintech opportunities after the recent pullback

In four short videos, our fintech investors explore the sector's outlook amid today’s dispersion and highlight the long-term growth potential in payments, fintech incumbents, and crypto innovation.

Multiple authors

event

Video

2023-11-30

ESG insights for private companies Private portfolio companies Business practices ESG Alternatives investing DEI Sustainability policies Alternatives Private equity Sustainable investing Article

Governance best practices in public markets

For private companies approaching the public markets, we highlight the corporate governance best practices that can help pave strong relationships with public market investors.

Multiple authors

event

Article

2023-07-31

Outlook Alternatives Hedge funds Alternatives investing Asset allocation Manager selection Portfolio construction Volatility Fixed income Private equity Article

Mid-2022 Alternative Investments Outlook

As allocators cope with economic uncertainty and market volatility, Multi-Asset Strategist Cara Lafond explains how alternative investments could potentially play a role in improving portfolio resilience and returns.

Multiple authors

event

Article

2023-08-31

Late stage Volatility Disruption Private equity Quick Take

How the public market correction is affecting the late-stage private equity market

The times they are a-changin’. The late-stage private equity market is digesting a public growth multiple collapse that took us from boom to bust in four months. But while valuations may be coming down in the private market as a result, the opportunity-creating trends of technology disrupting all parts of the economy and companies staying private longer remain in place.

By

Matt Witheiler

event

Quick Take

2022-09-30

Alternatives Hedge funds Private equity Article Americas

Allocating to hybrid strategies: A multiple-choice decision

Multi-Asset Strategist Cara Lafond considers the options available to allocators deciding where hybrid or crossover strategies fit best in their asset mix.

By

Cara Lafond, CFA

event

Article

2023-05-31

14763_insight_five-esg-considerations-for-private-investors_screen-shot_1500x410

ESG insights for private companies Private portfolio companies Private equity ESG Sustainable investing Video

Five key ESG topics for private companies

Members of our private market ESG team highlight the topics they expect will be top of mind in the coming year, from diversity to data privacy to supply-chain issues.

By

Hillary Flynn

Celi Khanyile-Lynch

event

Video

2022-12-31

USA Inflation Article Equity Fixed income Geopolitical COVID Private equity China

Ten more “what if” scenarios for 2022

In his latest Top of Mind session, Multi-Asset Strategist Adam Berger addressed a wide range of what-if scenarios on the minds of our clients. See what he has to say on Russia, China, cryptocurrencies, the IPO market, and many other topics in this brief article.

By