{"id":4576,"date":"2006-06-13T00:00:00","date_gmt":"2006-06-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"morgan-creek-nails-2b-mark-next-move-overseas","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/06\/2006\/morgan-creek-nails-2b-mark-next-move-overseas.html","title":{"rendered":"Morgan Creek nails $2B mark; next move overseas"},"content":{"rendered":"<p>  CHAPEL HILL &#8211; Having built a portfolio that&#8217;s reached the $2 billion mark in just two years since its founding, <a href=  \"http:\/\/www.bizjournals.com\/search\/?op=query&amp;q=%22Morgan%20Creek%20Capital%22\">Morgan Creek Capital<\/a> is looking to overseas markets for new opportunities.<\/p>\n<p>  The money management group is working to draw together a new pot of cash of at least $50 million to invest in hedge funds that work in the so-called &#8220;emerging markets&#8221; of India, China, Russia and  other far-flung locations.<\/p>\n<p>  The move is the latest piece of corporate engineering done by Morgan Creek founder Mark Yusko. The firm has grown its funds under management from $1.2 billion in early 2005 to $1.8 billion in  December to the current $2 billion.<\/p>\n<p>  &#8220;We continue to grow nicely, we continue to roll out funds, and we continue to hire,&#8221; says Mike Hennessy, Morgan Creek&#8217;s managing director for investments.<\/p>\n<p>  <a href=\"http:\/\/triangle.bizjournals.com\/triangle\/stories\/2006\/06\/12\/story1.html?i=47022\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHAPEL HILL &#8211; Having built a portfolio that&#8217;s reached the $2 billion mark in just two years since its founding, Morgan Creek Capital is looking to overseas markets for new opportunities. The money management group is working to draw together [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4576","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4576"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4576\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}