Morgan Creek Acquires Full Tilt Capital

June 11, 2018

On March 27, 2018, Morgan Creek announced its acquisition of Full Tilt Capital.

As part of the transaction, Morgan Creek Capital Management LLC (“Morgan Creek”) is planning to raise $500 million for blockchain investments, subject to regulatory approval. Further terms of the transaction were not disclosed.

Morgan Creek, headquartered in Chapel Hill, NC, is a hedge fund with more than $1 billion in assets under management.

Full Tilt Capital LLC (“Full Tilt Capital”) is a Raleigh, NC-based venture firm that focuses on the cryptocurrency and blockchain sector.

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Categories

Hedge Fund M&A, Investment Manager M&A, Transactions