Fund of Hedge Funds Morgan Creek Adds Michael Forstl as Managing Director
Fund of hedge funds Morgan Creek Capital Management is pleased to announce the appointment of Michael Forstl as a managing director and head of intermediary distribution.
Forstl
brings over 25 years of experience in the sale and distribution of a
wide array of investment solutions. Most recently, he consulted for
financial institutions on the development, launch and distribution of
new and existing products.
Prior
to his private consultative services, Forstl was senior vice president,
head of independent and regional broker dealer distribution at ING
Investment Management. Before that, he spent 20 years at Nuveen
Investments in a number of leadership positions. Most recently he was
responsible for the sales and distribution activity of Nuveen's
Structured Products offerings. Forstl oversaw the joint venture between
Nuveen and Merrill Lynch in the creation and distribution of the
ELEMENTS ETN platform.
"When
it comes to relationships and distribution, Michael is one of the best
in the industry. We're excited to have him on board to help expand and
enhance the Morgan Creek family of offerings, with a particular emphasis
on liquid alternatives," said Mark W. Yusko, founder, CEO and chief
investment officer of Morgan Creek, in a statement.
In
his new role, Forstl will lead the firm's wealth management
distribution efforts as well as designing new products that leverage
Morgan Creek's unique approach to investing and asset management.
Source: FINalternatives
