Duffield Financial Group

David Duffield, founder of Workday and PeopleSoft, is the principal. His children, John Duffield (President) and Cheryl Duffield (Vice President), handle day-to-day operations and investment decisions. The office relies on a small investment team and external advisors for specialized asset classes like private credit (per public record).

The office focuses on direct investments in late-stage enterprise software, real estate, and private credit. It avoids early-stage venture capital and public equities. Deal sizes typically range from $10 million to $100 million per transaction (per public record).

The firm primarily makes direct investments but also commits to select private credit funds and real estate partnerships. It has co-invested alongside Benefit Street Partners and other institutional managers (per 2023 report).

The office avoids hedge funds, public equities, cryptocurrency, and early-stage venture capital. It favors illiquid, partnership-oriented assets with tangible underlying value, such as real estate and infrastructure (per public record).

David Duffield built his fortune through enterprise software — co-founding PeopleSoft in 1987 (sold to Oracle in 2005 for $10.3B) and Workday in 2005 (IPO in 2012). This background shapes the office's comfort with enterprise software investments, though its current allocation skews toward real estate and private credit rather than technology.

It operates as a single-family office without external LP capital. However, it does maintain a venture investment arm for enterprise software and healthcare technology, and has co-invested with external partners. The office is not registered as an investment adviser (per public record).

Yes, the Duffield Family Foundation is a separate 501(c)(3) entity focused on animal welfare and education. It is independently managed by family members and does not share staff with the financial office (per public record).