Mark W. Yusko
Morgan Creek Capital Management
Mark W. Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management, LLC, a registered investment adviser formed in July 2004 to provide investment management and advisory services based on the University Endowment Model of investing to a diverse client base of institutional partners and family offices. Morgan Creek is an active, global manager with a long-term philosophy consistent with the Endowment Model. The firm invests across all asset classes and strategies, from traditional equities and fixed income to alternatives, such as hedge funds, private equity, real estate and venture capital.
Using the resources of its unique fiduciary background, Mark and Morgan Creek were early pioneers of the Outsourced Endowment Model, and today, the firm provides customized solutions to clients in need of a comprehensive investment program, as well as a suite of manager-of-manager products to assist them in building investment profiles based on the University Endowment Model. Morgan Creek provides best-in-class thinking about Asset Allocation, Manager Selection and Portfolio Construction. In this execution, Morgan Creek researches a broad range of themes, from domestic and international equity, to alternatives and the illiquidity premium in private assets, to the rise of emerging markets and consumer-driven economies, to name a few. Morgan Creek has also formed joint venture partnerships with The Endowment Fund (Salient Partners) and the Hatteras Core Alternatives Fund (Hatteras Funds) to provide comprehensive investment solutions through a series of SEC registered-vehicles.
From 1998 to 2004, Mark served as the Chief Investment Officer for the University of North Carolina at Chapel Hill (UNC). Mark, and his team, founded the UNC Management Company (UNCMC) in July of 2002 to provide comprehensive investment advisory services to the University including strategic and tactical asset allocation, investment manager selection, manager performance evaluation, spending policy management and performance reporting. UNCMC also provided outsourced investment management services to select schools within the UNC System. Total assets under management at UNC were $1.5 billion, $1.2 billion of Endowment and $300 million of University working capital. Prior to joining UNC, Mark was the Senior Investment Director for the University of Notre Dame Investment Office, where he joined as the Assistant Investment Officer, in October of 1993. He worked with the Chief Investment Officer in all aspects of Endowment Management. Mark was primarily responsible for portfolio construction and was actively involved in establishing and building strong programs in real estate, private equity and marketable alternatives.
At both Notre Dame and at UNC, Mark co-founded the Applied Investment Management course where a select group of students actively managed a live equity portfolio. The class focused on the integration of academic investment theory and the practical investment management process, and has enjoyed tremendous success since inception.
Mark and Morgan Creek continue to survey world markets and identify new trends for its investors. Expansion of the firm’s global footprint—with the establishment of local investment offices in Singapore and Shanghai and support for the creation of The Limited Partners Association of China -- and investor education initiatives have been critical to Morgan Creek’s success. Mark is a globally-recognized speaker on investment topics ranging from asset allocation to manager selection, with a particular emphasis on the integration of alternative investments into traditional portfolios.
Mark is an Advisory Board member of a number of private capital partnerships and alternative investment programs and has served as a consultant on alternative investments to a select group of institutions. He is currently a Board member of the MCNC Endowment and he is a member of the DukeEngage National Advisory Board at Duke University, President and Chairman of the Investment Committee of The Hesburgh-Yusko Scholars Foundation at the University of Notre Dame, and President and Head of Investment Committee of the Morgan Creek Foundation which he established with his wife Stacey in 2005.
Mark received his Bachelor of Science Degree, with honors, in Biology and Chemistry from the University of Notre Dame in 1985 and a Master of Business Administration in Accounting and Finance from the University of Chicago in 1987
- April 2013
This time for the money Spring 2013 - April 9
- Spring 2013 - April 9
What You'll Get...
- Clear and unconventional thinking
- Analysis both micro and macro
- Ideas both long and short across a range of asset classes
- 35+ years of archived material --yours to browse for free
- Speculation about the future informed by knowledge of the past
- Writing you’d read for pleasure alone.
Browse 35 years of Grant’s archives by topic or article.
Please contact the website administrator.
|The following information is meant for the website developer for debugging purposes.|
|Error Occurred While Processing Request|