Morgan Creek Capital Management has added Daniel Kingston to the firm’s investment committee. In his new role, Kingston will work alongside the chief investment officer, Mark Yusko, and the investment team to evaluate investments and asset managers across all asset classes.
Kingston has direct experience in public equity, private equity, venture capital, real assets, alternative investments and fixed-income which he has acquired working for some of the top institutional investors in the United States over the past 25 years.
“We are excited to have Dan on the Morgan Creek team. His experience and investment acumen are well known and well regarded, and he is a longtime friend,” said Yusko.
Mike Hennessy, Morgan Creek’s managing director of investments added, “It will be great to work more actively with Dan. We have known each other over the years so it is like playing with an all-star from a cross-town rival rather than a new person.”
In his previous role as a managing director of Vulcan Capital, the investment vehicle for Microsoft founder Paul Allen, Kingston was responsible for heading the investment portfolio’s strategic and tactical asset allocation and manager selection. Prior to joining Vulcan in March 2006, Kingston was CIO at the Kauffman Foundation, a non-profit organization with an asset base of approximately $2 billion. Prior to that Kingston spent 13 years at the Stanford Management Company ending his tenure as managing director.
Morgan Creek Capital Management is a global investment management firm with approximately $8 billion in assets.