Tue, Mar 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Morgan Creek Capital Management expands investment team in Asia

Friday, November 16, 2012
Opalesque Industry Update: Anand Prasanna will be joining Morgan Creek in December of 2012 as a Director on the global investment team; he will be based in the firm's Shanghai office. As part of Morgan Creek's Asia team, Mr. Prasanna will be covering firm's activities in private investments in Asia with a particular focus on India.

Prior to joining Morgan Creek, Mr. Prasanna was a senior investment professional at Squadron Capital, a Hong Kong-based private equity group focused on the Asia Pacific region. He has had extensive work experience, including high profile firms McKinsey and Sequoia Capital in India, where he was able to build a strong local network amongst companies, entrepreneurs and investors. Mr. Prasanna's addition to Morgan Creek's growing Asian team in Shanghai (now numbering 8 investment professionals) further strengthens the firm's investment platform and presence.

Morgan Creek, founded in 2004 and led by Mark W. Yusko, established a local regional presence in 2007 with a focus of investing in private equity funds in developing Asia. Today, the Morgan Creek Asia investment team is one of the largest and most established groups executing locally in Mainland China. The team has successfully deployed Morgan Creek Partners Asia, an institutional fund of funds, backed by a consortium of sophisticated public and private investors, including pensions and endowments. "We look forward to continuing to build out our local and regional presence and think Anand will be a great addition and expect him to enhance our investment capabilities in the region," said Jason Zhang the Partner who leads the Shanghai based private assets operation.

Morgan Creek

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner