Fund of Hedge Funds Morgan Creek Adds Michael Forstl as Managing DirectorFund 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