Morgan Creek Capital Management is forming a private wealth advisory team. Michael Forstl, who joined the company in 2014 as a senior managing director and head of intermediary distribution, will lead the team. The group will work mostly with intermediary distribution channel, focusing on wealth advisors managing $500 million to $2 billion in assets.
CHAPEL HILL, N.C., Oct. 29, 2015 /PRNewswire/ — Morgan Creek Capital Management is pleased to announce the establishment of the Private Wealth Advisory Team. Michael Forstl, who joined the firm as a Senior Managing Director and Head of Intermediary Distribution in 2014, will oversee the team. The newly formed group will work primarily with intermediary distribution channels, with a focus on wealth advisors overseeing $500 million to $2 billion in assets.
The new team includes Christopher Arnold, Managing Director overseeing the Northern region; Tony Wilson, Managing Director overseeing the west region; and Joseph McQuaid, Managing Director overseeing the Southern region.
“In just a short period of time, Michael has built an all-star team to work with wealth managers across the country,” said Mark W. Yusko, Founder, CEO and Chief Investment Officer of Morgan Creek. “As the demand for alternatives continue to grow, we believe that investors will continue to rely on Morgan Creek’s best-in-class investment solutions.”
Christopher Arnold joins Morgan Creek from Model Capital Management, where he served as a Strategy Consultant. Prior to that, Mr. Arnold was National Sales Manager at Beaumont Capital Management, earlier in his career, Chris held positions at Windham Capital Management and TS Capital LLC. He received his B.A. from Farleigh Dickinson University.
Joseph McQuaid joins Morgan Creek from Guggenheim Investments, where he served as a Regional Vice President. Prior to that, Mr. McQuaid spent nine years at Mainstay Investments most recently as National Sales Manager for the RIA channel. He received his B.S. from Capella University.
Tony Wilson joins Morgan Creek from Highland Capital Management, where he served as a Senior Director managing the western US region. Prior to that, Mr. Wilson held positions at Artio Global Investors and Turner Investment Partners. He received his B.A. from UCLA and CIMA certification from The Wharton School.
About Morgan Creek Capital Management
Morgan Creek Capital Management is a global investment management firm that harnesses the Endowment Model of investing to help clients pursue their long-term objectives. Consistent with the Endowment Model and an active management approach, Morgan Creek maintains opportunistic exposures across asset classes, from traditional equities and fixed income to alternatives such as hedge funds, private equity, real estate and venture capital. The firm offers its investment products across a platform of closed-end and open-ended funds. With the collective experience of its senior investment team, Morgan Creek was an early pioneer of the “Outsourced Investment Office.” More information on Morgan Creek’s investment team and strategies is available at www.morgancreekfunds.com.