Dechert Advises Morgan Creek In Signet Funds Deal

Law360, New York (May 21, 2013, 6:46 PM EDT) -- Investment advisory firm Morgan Creek Capital Management has inked a deal to scoop up the alternative funds business of Signet Capital Management Ltd., nabbing two new European footholds in the process, the company announced Tuesday.

Signet Capital's funds and senior management team will be transferred to Morgan Creek as part of the deal, which gives the North Carolina-headquartered firm $700 million worth of new assets under management and two new offices in London and Lausanne, Switzerland, according to a statement.

Pending regulatory approvals, including those of...
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