The present invention provides a dispersion comprising wax particles dispersed with a polymeric dispersant in a water immiscible solvent, wherein the dispersant comprises a wax-compatible polyolefin segment and a polyester compatible oleophilic polar segment. The invention is further directed towards a method of manufacturing such a wax dispersion, and towards methods of manufacturing wax-containing polymer particles by limited coalescence processes employing such a wax dispersion. In particular embodiments, the invention is directed towards chemically prepared toner derived from wax dispersions of the invention that shows improved toner performance.