Wesley Financial is a $250 million hedge fund that is on a rapid climb.
Wesley’s financials have grown steadily in the past few years and now rank No. 1 among the biggest and best hedge funds in the world.
This week, the firm made a big splash in the stock market, announcing a deal with VMware to invest $500 million in the virtual-cloud software maker.
That’s not to say that Wesley is alone in the market for VC funds: In the first quarter of this year, the group invested $3 billion in VC funds.
But the company’s impressive growth makes it an early contender in the crowded space.