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Mark Yusko. Biography and career.

Oct 29, 2022
Who is Mark Yusko? Biography and career.
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Mark Yusko - a popular American investor who is also a hedge fund manager. He is also Chief Investment Officer and Managing Director of Morgan Creek Capital Management.

Contents:

Mark Yusko - his biography

From 1993 to 1998 he was Senior Investment Director at the University of Notre Dame Investment Office. Yusko left Notre Dame in 1998 to head the University of North Carolina at Chapel Hill. From 1998 to 2004, Yusko was the founder and CEO of the management company UNC. Yusko left UNC to found Morgan Creek Capital Management in 2004.

In 2004, Morgan Creek Capital Management, LLC partnered with Salient Partners LP to launch the Endowment Fund. Having reached about $3.5 billion in assets, Yusko served as the Fund's Chief Investment Officer until January 2013. After he was fired due to poor performance of the fund.

Yusko is a frequent commentator on the alternative investment industry and has appeared on CNBC, Bloomberg TV, Fox Business and other major networks, as well as newspapers, including the New York Times and the Wall Street Journal. He is a proponent of the Infinite Investing Model, which advocates diversified strategies across asset classes and within each asset class in both the public and private markets.

Mark's career

The Morgan Creek Fund was established in 2005 and receives a share of Morgan Creek Capital Management's profits every year. The Foundation provides grants to non-profit organizations, focused on education, community organizations. In 2011, the Foundation received the Chapel Hill-Carrborough Chamber of Commerce's "Non-Profit Organization of the Year" award. In 2009, Yusko and his wife Stacey founded the Hesburgh-Yusko Scholarship Program, a four-year merit-based scholarship and leadership development program with a $35 million gift to the University of Notre Dame. Yuskos' philanthropy was the third largest gift in the university's history and was significant enough to include them in the 2009 list of the largest American charitable contributions. The program awarded 25 fellowships in the spring of 2010 and 26 awards in the spring of 2011. Yusko has also served on the boards of directors of several North Carolina-based nonprofits, including the Carolina Meadows, a Chapel Hill nonprofit retirement community; MCNC, technology and economic development organization in the Research Triangle; and the Weaver Foundation in Greensboro.

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