Morgan Creek Capital Management, a US-based investment manager, has launched a new private wealth advisory team, which will be headed by Michael Forstl.
Forstl joined the firm as a senior managing director and head of intermediary distribution in 2014.
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The new team will work primarily with intermediary distribution channels, with a focus on wealth advisors overseeing $500m to $2bn in assets, the company said.
Other members of the newly formed include Christopher Arnold, who will oversee the northern region; Tony Wilson, who will oversee the west region; and Joseph McQuaid, who will oversee the Southern region.
Arnold joined Morgan Creek from Model Capital Management, where he worked as a strategy consultant. He also worked as a national sales manager at Beaumont Capital Management and held roles at Windham Capital Management and TS Capital.
Prior to joining Morgan Creek, McQuaid worked at Guggenheim Investments as a regional vice president. Prior to this, he worked for nine years at Mainstay Investments and was most recently national sales manager for the RIA channel.
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By GlobalDataWilson joined Morgan Creek from Highland Capital Management, where he worked as a senior director managing the western US region. Earlier to this, he worked with Artio Global Investors and Turner Investment Partners.
Morgan Creek founder CEO and CIO Mark Yusko said: "In just a short period of time, Michael has built an all-star team to work with wealth managers across the country."
