Wellington Hires Hamilton Lane’s Alex Behm for Secondaries Push

Wellington Management Co., the mutual fund giant best known for stock- and bond-picking, hired Hamilton Lane Inc.’s Alex Behm to lead its foray into the hot market of buying and selling private equity stakes.

Behm, who previously worked as a deal lead at Hamilton Lane, will build and manage secondaries strategies for Wellington’s evergreen private investing business that caters to wealthy investors, the Boston-based firm said in an emailed statement. He’ll work closely with Mike Trihy, who joined in August.