Fund of Funds

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DeMarche Discretionary Management Services (DMS)

DeMarche Discretionary Management Services (DMS) was formed as an independent fund-of-funds manager in Merriam, Kansas.

DeMarche Discretionary Management Services (DMS)

DeMarche Discretionary Management Services (DMS) was formed as an independent fund-of-funds manager in Merriam, Kansas. The firm builds and manages portfolios by allocating client assets to a range of external investment managers, rather than running internal direct investment teams. It functions as a manager of managers, screening, selecting, and monitoring third-party funds on behalf of institutional allocators. The firm's strategy spans multiple asset classes, including public equities, fixed income, and private markets such as private equity and real assets. DMS does not execute direct deals; instead it constructs multi-manager portfolios that cover value, growth, and alternative strategies. Geographic coverage is focused on North American managers, with some exposure to global strategies through underlying funds. Team size and total assets under management are not publicly disclosed. DMS operates primarily from its Merriam headquarters with no known additional offices. The firm maintains no publicly named philanthropic vehicle or operating company. No major operational events have been reported in the past 24 months. DMS's structural differentiator is its pure manager-of-managers model, which removes the burden of manager selection and due diligence from institutional clients. This model is designed for asset owners who prefer to delegate discretionary authority over manager lineups rather than maintain internal research teams. It sits in a narrow segment between outsourced CIO firms and multi-manager platforms.

General information

Firm type

Manager of Managers

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Merriam

Corporate office

Merriam, KS, United States

Sector focus

Institutional Asset ManagementManager SelectionPrivate MarketsPublic Markets

Frequently asked questions

Who runs investment decisions at DeMarche DMS?

The firm does not publicly disclose named investment principals. As a manager of managers, DMS likely maintains a team of analysts and a lead investment officer, but specific individuals have not been identified in public records (per available sources).

How does DMS source and select underlying managers?

DMS employs a manager-of-managers approach, screening third-party investment firms for track records, strategy fit, operational infrastructure, and alignment with client mandates. The firm retains discretion to allocate and reallocate across managers based on ongoing monitoring. No specific proprietary sourcing methodology has been disclosed.

Is DeMarche DMS a single family office or an institutional manager?

DMS is an institutional manager of managers, not a family office. It operates as an investment advisory firm providing discretionary portfolio management services to pension funds, endowments, foundations, and other institutional allocators. The firm's structure is that of a regulated investment adviser (public record).

Does DMS participate in direct investments or only fund commitments?

DMS functions exclusively as a fund-of-funds manager, committing capital to third-party vehicles rather than making direct investments. It does not originate, lead, or co-invest in individual transactions. Allocations flow through underlying manager funds.

What investment stages and asset classes does DMS target?

DMS targets a multi-asset mandate covering public equities, fixed income, and private markets including private equity and real assets. The firm does not disclose a specific stage preference; its manager selection spans both growth and income strategies across North American and global managers (per public records).

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