BOSTON & TORONTO, Dec. 11, 2012 /CNW/ - Wellington Financial LP, a
privately-held specialty finance firm, announced today that it recently
closed a US$8.5 million venture debt financing for a rapidly growing
U.S.-based networking infrastructure company that supports
organizations around the world. The company's existing investor base
includes a prominent East Coast venture capital firm.
Choate, Hall & Stewart LLP provided legal advice on this transaction.
About Wellington Financial LP
Wellington Financial LP is a privately-held specialty finance firm
providing term, venture and amortizing loans up to $30 million.
Wellington Financial LP is currently managing a $500 million investment
program with offices in Toronto, Canada, and Santa Monica, California.
Wellington Financial LP is managed by a partnership controlled by fund
management and Clairvest Group Inc. (CVG:TSX), who jointly have
contributed a large financial stake to the Fund. LPs include several of
Canada's largest institutional investors, pension funds, family offices
and crown corporations. Please visit the fund website at www.wellingtonfund.com, or the Wellington Financial team blog at www.wellingtonfund.com/blog.
SOURCE: Wellington Financial LP
For further information:
Wellington Financial LP
Tel: (416) 682-6007