Morgan Creek Digital raised $61 million from 11 different investors in total from its first funding round (which concluded February 2019) through to the ongoing second round.
It submitted filing to the SEC for its second funding round on October 18, 2019 in which it lists equities and pooled investment fund interests, under section 9: ‘type(s) of Securities Offered’. Under ‘total amount sold’, the company has stated: $60,950,000.
More recently, co-founder and partner Anthony “Pomp” Pompliano delivered a series of statements through the media, which can be summarized as follows:
The second fund alone has raised $50 million so far, from a combination of “Fairfax County’s Virginia’s Police Officer’s Retirement System and Employees’ Retirement System”. Morgan Creek Digital says that it aims to raise a total of $250 million from the fund, and has further rounds planned for December this year through to Q1 2020.
Morgan Creek Digital is a digital asset firm that was founded by Anthony Pompliano, Mark Yusko, and Jason Williams in 2004. Back in August, Mark Yusko made headlines as a result of an August 14th interview on CNBC’s Fast Money show in which he made a comment which alluded to bitcoin, essentially calling the seminal cryptocurrency a “schmuck insurance” and a “chaos hedge”.
On its website, Morgan Creek (which provides various investment options to its clients, beyond cryptocurrencies) describes itself as an SEC-registered investment advisory firm which serves institutional and other “qualifying clients” with tailored investment solutions as well as “discretionary” investment strategies.
Antony Pompliano is a prominent figure in the crypto-space and has over 258,000 followers on his Twitter account, in addition to featuring regularly on mainstream finance platforms – with a comparable prolificity to Ripple’s CEO Brad Garlinghouse.
In August, Pompliano revealed that over half of his ”net-worth” was held in BTC tokens to another CNBC program, ‘Squawkbox’.