Wellington Management Hires Investment Team of Shelter Haven Capital Management
Posted on 02/15/2022
Shelter Haven Capital Management, L.P. 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. Wellington Management Company announced the strategic expansion of its Alternative Investments platform through the hiring of the investment team of Shelter Haven Capital Management, a market neutral, long/short equity manager that primarily focuses on small and mid-cap companies in the technology, media, telecom and consumer sectors. The terms of the expansion are not being disclosed. 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 March 1, 2022. 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, an approach that fits well with Wellington’s plans to expand its long/short platform and build out its suite of multi-strategy investment products and custom alternative solutions to meet increasing client demand for liquid alternatives. The Shelter Haven investment team will maintain an investment office in Summit, N.J.
Jerry Kochanski is the founder and portfolio manager of Shelter Haven Capital Management. Previously, he was a portfolio manager at Millennium Management (2013 – 2017), where he managed a global fund focused on the TMT and consumer industries.
