General Info
Mr. Lester serves as Managing Director (Public Assets) at Morgan Creek Capital Management. Mr. Lester has over fifteen years of investment experience at Morgan Creek Capital Management. He joined Morgan Creek in January 2006 as an analyst and was promoted to Managing Director in 2015. Mr. Lester was based in Morgan Creek’s New York office from 2006 to 2019 before relocating to the Greater Chicago Area in 2020. During his career, he has focused on a variety of public and private investment strategies across many asset classes and geographies. In 2012, Mr. Lester became focused on Global Equities across Morgan Creek’s various investment solutions and portfolios, including being promoted to Co-Portfolio Manager of the Morgan Creek Global Equity Long/Short Institutional Fund (“MCGELSIF”) and the Morgan Creek Opportunity Fund (“MCOF”). Mr. Lester led the transition of both funds to the Hybrid Model in 2013 and the rebranding of MCOF to the Asana Global Select Fund (“AGSF”) in 2018. AGSF is a more concentrated and direct version of MCGELSIF. Additionally, Mr. Lester is responsible for sourcing co-investment opportunities at Morgan Creek. He is the host and producer of Morgan Creek’s HedgeD podcast series, which launched in 2020. Prior to Morgan Creek, Mr. Lester was a Junior Analyst for Sands Point Capital Management in New York. He graduated from Davidson College in 2005 with his Bachelor of Arts Degree in Economics.
Location: Chicago, Illinois
Country: Canada
Industries: Asia Private Equity, Morgan Creek Digital, Opportunistic Equity, Venture Capital, Private Equity, Hedge Funds, Risk Managed Bitcoin Fund
Investment Regions:
Investment Stages: pre-seed, seed
Website: https://www.morgancreekcap.com/
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🤖 AI Activity Report
Status: very-active
AI Reasoning: Search found recent public activity: Cory Lester featured in HedgeD episodes and Morgan Creek events in 2025 (e.g., ‘2025 Equity Market Outlook & Investment Themes featuring Cory Lester’ Feb 13, 2025) and appearances in 2024 webinars discussing investments. Additionally, Morgan Creek profile notes he sources co-investments. The evidence indicates he had known investment activity within the last 6 months prior to November 1, 2025 (February 2025 referenced), which is less than 6 months, and he is therefore classified as very-active. Example invested/startup mentioned in sources: Asana Global Select Fund (rebranded from MCOF) referenced in profile.
Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.
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