DUMAC is a professionally-staffed organization of about 55 employees that works with the assistance of 130 investment advisory firms and partnerships to help meet its investment goals.

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.

Investment Teams

Private Investments Team

  • Venture Capital
  • Private Equity
  • Real Estate
  • Natural Resources

Public Securities Team

  • Hedged Strategies
  • Global Equity
  • Fixed Income
  • Commodities

Direct Investments Team

  • Global Equity
  • Opportunistic
  • Credit
  • Commodities
  • Portfolio Hedges