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: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note