Wellington Access Ventures (WAV) has raised $150 million for its debut, with the backing of limited partners, including state pension plans and banks. Led by four Black investors, WAV seeks to become a go-to investor for early-stage founders from underrepresented backgrounds. Wellington Access Ventures Founded in 2021, Wellington Access Ventures is the corporate venture capital arm of Wellington Management, based in Boston, Massachusetts. Investors include the fund’s leaders, Jackson Cummings, Frederik Groce, Van Jones, and Sasha McKenzie. All four investors were involved in some capacity in BLCK VC, the non-profit