Investment Management

DUMAC is a professionally staffed organization with approximately 55 employees, working in collaboration with 291 investment advisory firms and partnerships to achieve its investment objectives.

DUMAC’s primary responsibility is to manage Duke University’s endowment assets.  In addition to managing Duke’s endowment, DUMAC also manages the university’s defined benefit pension plan assets, Duke University Health System’s investments, and much of the university’s working capital.  DUMAC also manages the assets of The Duke Endowment, the private charitable trust established by Duke University’s founder, James B. Duke.