LP profile · Other
Duke Management Company
Duke Management Company is a other headquartered in United States (North America). Ranked #126 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Duke University's Board of Trustees established the Duke Management Company (DUMAC) in 1989 as a non-profit entity to oversee the university's investments.
- The organization officially commenced operations in July 1990, led by its founding President and Chief Investment Officer, Eugene J. McDonald.
Source of Capital
- DUMAC's primary source of capital is Duke University's endowment, which pools the university's individual funds into a Long Term Pool (LTP).
- The firm also manages capital for the university's defined benefit pension plan and the Duke University Health System's investments.
Major Events
- The organization was reorganized from its original structure as Duke Management Company to its current form, DUMAC, Inc.
Allocation Strategy
- DUMAC allocates capital across a diverse range of asset classes, including public equity, fixed income, and hedge funds.
- The firm's investment mandate includes domestic, international, and emerging markets.
- DUMAC collaborates with hundreds of external investment advisory firms and partnerships to execute its investment strategy.
Sources
- https://dumac.duke.edu/
- https://archives.lib.duke.edu/catalog/uadumac
- https://giving.duke.edu/endowment/investment-managers/
- https://www.finnotes.org/entities/duke-management-company
- https://dumac.duke.edu/about-dumac-inc/
- https://today.duke.edu/2020/09/duke-flags-lowered-eugene-mcdonald-founder-dumac-dies