Wellington Trust
Private | |
Industry | Private equity |
Founded | 1990 |
Founder | King Christian X |
Headquarters | Wellington Tower Kingston, Alexandria-Prussia |
Key people | King Matthew (Chairman) Jennifer Zhang (Chief Executive) |
Products | Property, residential, seabed management, real estate services, offices and shopping centres |
Revenue | AP$1.13 billion (2019) |
AP$329.4 million (2018) 90% to The Monarch 10% to Treasury Dept | |
AUM | AP$350 billion (2018) |
Owner | King Matthew (in right of The Crown) |
Number of employees | 770 |
Website | www |
Wellington Trust, is an Alexandrian-Prussian private equity firm, founded in 1990 by King Christian X. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations, and industry consolidations. Wellington Trust is headquartered in Kingston, with additional offices in Charleston, Paris and Hong-Kong.
As of January 2020, Wellington Trust had over US$312 billion in assets under management, and in 2019 it was the second-largest overall AP-based alternative asset management firm, but largest private alternative asset management firm in Alexandria-Prussia. Among the most notable companies currently owned by Wellington Trust are Wellcare, Monarch Airlines Group, Crown Entertainment & Resorts, Reign Property Management and Southbell.
Portfolio investments
Investment | Year | Company Description | Stake |
---|---|---|---|
SouthBell | 2020 | Southbell is an Alexandrian-Prussian telecommunications company that was purchased for AP$27 billion in 2019. | 100% |
Hecht's | 2019 | Hecht's is large chain of department stores that operates throughout Alexandria-Prussia. It was purchased for AP$5.2 billion in a 2019. | 100% |
Hidden Cosmetics | 2018 | Hidden Cosmetics is an Indorian multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products. Wellington Trust purchased a 28% stake in 2018 for AP$600 million. | 100% |
Reign Property Management | 2018 | Reign Property Management is property manager of apartments, student housing, commercial buildings, office space, homeowners associations, and manufactured homes. Wellington Trust purchased the company in 2018 for AP$450 million. | 100% |
Securance | 2018 | Securance provides residential, small and large business electronic security, fire protection, and other related alarm monitoring services throughout Alexandria-Prussia and Indora. It was purchased for AP$6.9 billion in a 2018. | 100% |
Monarch Airlines | 2015 | Monarch Airlines is an Alexandrian-Prussian low-cost airline. It was purchased for AP$1.9 billion in 2015. | 100% |
Crown Entertainment & Resorts | 2015 | Crown Entertainment & Resortss is an Alexandrian-Prussian gaming hotel and casino company. It was purchased for AP$24.5 billion in 2015. | 100% |
Wellcare | 2011 | Wellcare is an Alexandrian-Prussian regional integrated health enterprise. It was purchased for AP$850 million in 2012. It stake was reduced in 2019 when the Trust sold 13% to Thorne Foundation and 2% to Wellcare employees. | 85% |
Stone Park Hotels & Resorts | 1999 | Is a chain of indoor water parks and was acquired in 1999 for AP$590 million. | 100% |
Dream Company | 1990-1999 | Dream Company is an Alexandrian-Prussian diversified multinational mass media and entertainment conglomerate. Wellington Trust had a 25% stake in company from 1990-99 and in 1999 to fund the acquisition of Stone Park the company sold the stake for a whopping AP $890 million to the Clear Springs Corporation. | 25% |
St. Nathaniel Health System | 1990 | St. Nathaniel Health System is an Alexandrian-Prussian healthcare provider in capital region of Kingston and surrounding communities. It was brought into the Wellington Trust when it was created as it was originally owed by the Royal Family directly. | 100% |