November 26, 2004

New Money Manager Comes to Chapel Hill

By ERIN STROUT

The University of North Carolina at Chapel Hill has tapped Jonathon C. King to be president and chief executive officer of UNC Management Company, which advises the university's Foundation Investment Fund on how to invest the institution's $1.1-billion endowment. He succeeds Mark Yusko, who left the institution in June to start a private fund-management business.

Before leaving, Mr. Yusko was an advocate of allowing the university's management company to manage funds for outside

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