Wednesday, 27 August 2014
Last updated 10 hours ago
Jul 21 2006 | 5:41pm ET
Morgan Creek Capital Management is gearing up to launch a fund-of-hedge funds by summer's end that will invest in the "best of breed" emerging hedge fund managers.
Mark Yusko, president of the firm, said the new vehicle will invest in energy trading funds and other sectors that are less transparent than equities markets. Yusko told attendees at a recent conference sponsored by the Strategic Research Institute that new regulations requiring more reporting on equities has taken away the advantage hedge funds had in the markets. He believes that the energy markets are a better bet.
Just last week the Chapel Hill, N.C.-based Morgan Creek unveiled a new fund that targets emerging markets. The "BRIC" fund (Brazil, Russia, India and China) launched with $75 million in assets under management.
Morgan Creek was founded in 2004 by Yusko, who was formerly chief investment officer of the University of North Carolina at Chapel Hill. The firm is part-owned by famed hedge fund manager Julian Robertson, chairman and ceo of Tiger Management.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...