Morgan Creek Hires Principal

Jun 23 2006 | 8:15pm ET

Brad Briner has joined Morgan Creek Capital Management as a principal after working as an independent consultant since the firm opened in July 2004. Mike Hennessy, managing partner, said Briner worked with the firm's founders at the University of North Carolina. The firm was formed by Mark Yusko, former cio of the university.

The plan is currently closing its first diversified fund-of-funds, which includes private equity, real estate, venture capital and natural resources. MC Partners I will close with approximately $155 million, Hennessy said. The plan is also preparing to launch its second fund, which will include the same types of investments. The second fund will likely have no more than $200 million in assets under management.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of