Mark Yusko of Morgan Creek - Exclusive Interview (Privcap)

April 30, 2012 - PRLog -- Private Capital 'Pattern Recognition'

Morgan Creek Capital Management vets some 2,500 investment managers per year, which allows the firm to enjoy “pattern recognition” across the alternative asset classes, according to the firm’s founder, Mark Yusko.

In an exclusive interview with Privcap, the former CIO of the University of North Carolina, Chapel Hill’s endowment, seeks to dispel inaccurate notions about private capital investing.

The interview includes Yusko’s strong arguments that alternatives performed comparatively well through the downturn, that alpha comes from proper allocation and manager selection, that the return on a zero-risk strategy is zero, that an allocation to alternatives requires greater awareness of liquidity constrains in the broader portfolio, that separate accounts too often involve an “illusion of control,” and that LPs must look through their alternative-allocation “buckets” to the “underlying exposures.” Yusko also explains his investment thesis that the world population is going to “eat a lot of soybeans” in the future.

View the full video here: http://www.privcap.com/programs/103-private-capital-patte...

http://www.youtube.com/watch?v=J6wpnFRKwXg



Bio of Mark Yusko, CEO and Chief Investment Manager, Morgan Creek Capital Management

Mark Yusko is the co-founder, CEO and chief investment officer of Morgan Creek Capital Management. Prior to forming Morgan Creek, he was president, CIO and founder of UNC Management Company, the endowment investment office for the University of North Carolina at Chapel Hill. With $1.5 billion of investments under management, he was responsible for strategic and tactical asset allocation recommendations, investment manager selection, manager performance evaluation, spending policy management and performance reporting. Previously, Yusko was the senior investment director for the University of Notre Dame Investment Office. He is an Investment Committee member of the Weaver Foundation and MCNC Endowment, a member of the DukeEngage National Advisory Board, president and chairman of The Hesburgh-Yusko Scholars Foundation at Notre Dame, and president and head of the Investment Committee of the Morgan Creek Foundation. Yusko holds a B.S. from Notre Dame and an M.B.A. in accounting and finance from the University of Chicago.