Anthony Pompliano, one of the flounders of Morgan Creek Digital, has informed about the start of new fund with the usage of his name and brand.
In his blog post from Sep 11 Pompliano mentioned the following:
“Today I am announcing a new rolling fund that will be backed by a group of successful investors across Silicon Valley and Wall Street. This rolling fund structure gives me ultimate flexibility, which I believe will lead to a significant advantage when investing in early stage technology companies.”
Pompliano intends to launch a solo general partner, or GP, fund as a solo owner. Essentially, Pomp is presenting himself and his brand as a fund for investing in startups with the option to receive external investments.
Pompliano mentioned that one of his core principles has been betting on himself and he has never regret about it.