The manager's advocate

Morgan Creek Capital Management's Mark Yusko spoke strongly in favour of hedge funds at Hedge Funds Review's recent Bermuda conference. At Morgan Creek, his views are not unusual

Mark Yusko and Michael Hennessee may seem to be the dream ticket for hedge fund managers.

They each have extensive experience in hedge funds, as well as in endowment and pension funds and now, overseeing Morgan Creek Capital Management, in endowment consultancies. In addition, they are dismissive of small toe-in-the-water allocations by large investors.

Not surprisingly, both are also American. And not surprisingly, both are forthright in their views on the hedge fund industry, and those who serve

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