# Morgan Creek Capital Management, LLC

> Morgan Creek Capital Management, LLC is an SEC-registered investment advisory firm in Chapel Hill, NC, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 138401
- Filed as: MORGAN CREEK CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chapel Hill, NC
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/138401
- AdvisorCensus page: https://advisorcensus.com/firm/morgan-creek-capital-management-llc-chapel-hill-nc-138401

## Quick answers

**How is Morgan Creek Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Morgan Creek Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Morgan Creek Capital Management, LLC located?**
Morgan Creek Capital Management, LLC's principal office is in Chapel Hill, NC, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Morgan Creek Capital Management, LLC registered with the SEC or a state?**
Morgan Creek Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 138401.

**How much does Morgan Creek Capital Management, LLC manage?**
Morgan Creek Capital Management, LLC reports $1,790,209,792 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (78% discretionary).

**How have Morgan Creek Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Morgan Creek Capital Management, LLC: Regulatory assets under management: $1,859,262,187 in the October 2021 data and $1,790,209,792 in the October 2026 data, down 4%. Total employees: 37 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Morgan Creek Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (37); high net worth individuals (15); charitable organizations (2).

**Which custodians does Morgan Creek Capital Management, LLC use?**
Morgan Creek Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists TD Ameritrade, Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Morgan Creek Capital Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/138401

**What changed in Morgan Creek Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,512,428,279 to $1,790,209,792 (+18%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- TD Ameritrade, Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,790,209,792
- Discretionary: $1,397,133,166
- Non-discretionary: $393,076,626

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 15 | $36,341,200 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $3,080,937 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 37 | $1,493,369,927 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 2 | $257,417,728 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2006 (20 years)
- Employees: 29 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Xuhui District, Shanghai

### Websites listed on Form ADV (Item 1.I)
- morgancreekcap.com
- LinkedIn @morgan-creek-capital-management
- X @digitalcurrents

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,859,262,187 | 37 | July 21, 2021 |
| October 2022 | $2,128,762,281 | 39 | June 22, 2022 |
| October 2023 | $1,580,480,446 | 36 | March 31, 2023 |
| October 2024 | $1,432,730,674 | 33 | April 29, 2024 |
| October 2025 | $1,512,428,279 | 29 | March 31, 2025 |
| October 2026 | $1,790,209,792 | 29 | March 31, 2026 |

Regulatory assets under management: $1,859,262,187 in the October 2021 data and $1,790,209,792 in the October 2026 data, down 4%.
Total employees: 37 in October 2021 and 29 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,512,428,279 to $1,790,209,792 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Morgan Creek Capital Management, LLC (CRD 138401): Form ADV filing data as of October 2026.