ep 008: uncovering the secret behind investment in innovation

By Nikita Fadeev   •   23, Jun, 2020 
mark yusko.jpg
Mark Yusko
CEO and CIO, Morgan Creek Capital Management

Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management.  Prior to forming Morgan Creek, Mr. Yusko was President, Chief Investment Officer and Founder of UNC Management Company, the Endowment investment office for the University of North Carolina at Chapel Hill, from 1998 to 2004.  Throughout his tenure, he directly oversaw strategic and tactical asset allocation recommendations to the Investment Fund Board, investment manager selection, manager performance evaluation, spending policy management and performance reporting.  Total assets under management were $1.5 billion ($1.2 billion in endowment assets and $300 million in working capital).  Until 1998, Mr. Yusko was the Senior Investment Director for the University of Notre Dame Investment Office where he joined as the Assistant Investment Officer in October of 1993.  He worked with the Chief Investment Officer in all aspects of Endowment Management.  Mr. Yusko received his Bachelor of Science Degree, with Honors, in Biology and Chemistry from the University of Notre Dame and a Master of Business Administration in Accounting and Finance from the University of Chicago. Mr. Yusko is an Investment Committee member of the Weaver Foundation, an Investment Committee member of the MCNC Endowment, a member of the DukeEngage National Advisory Board at Duke University, President and Chairman of the Investment Committee of The Hesburgh-Yusko Scholars Foundation at the University of Notre Dame, and President and Head of Investment Committee of the Morgan Creek Foundation.

topics discussed:

  • Getting into finance through a divine intervention

  • Endowment Model and its innovation

  • Morgan Creek, its mandate and main principles

  • Hanging out with "bad people” and investing in the future rock stars

  • Getting into the crypto rabbit hole

  • Current landscape and the case for crypto

  • The new breed of crypto hedge funds and investing in innovation

  • Advice to younger self

highlight from the episode

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