Two Public Pensions Anchor Morgan Creek’s New $40 Million Venture Fund

2019-2-12 14:00

In a potential first for the crypto investment sector, two U.S. public pension funds are dipping their toes in Morgan Creek's latest vehicle.

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Фото:

Public pensions are backing a $40M blockchain fund by Morgan Creek

A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry.

2019-2-12 14:00


Фото:

Public pensions back new $40M blockchain fund raised by Morgan Creek

A prominent digital asset firm has revealed it successfully closed a new $40 million blockchain-specific venture capital fund, thanks largely to contributions made by two public pensions. Morgan Creek Digital, a hedge fund backed by institutional powerhouse Morgan Creek Capital, has launched what it calls the Morgan Creek Blockchain Opportunities Fund, geared entirely toward investing in the digital asset industry.

2019-2-12 14:00