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DUMAC
DUMAC was established in 1990 to oversee investment activities tied to Duke University. Neal F. Triplett serves as President and Chief Investment Officer.
DUMAC
DUMAC was established in 1990 to oversee investment activities tied to Duke University. Neal F. Triplett serves as President and Chief Investment Officer. The firm also handles assets for The Duke Endowment. DUMAC deploys capital into equities, fixed income, private equity, and real assets. Confirmed holdings include the Durham Innovation District mixed-use development and commercial properties at 200 and 300 Morris Street in Durham. The portfolio further encompasses a Natural Resources allocation and an Independent Return strategy. Geographic exposure centers on the United States with additional activity in international markets through external managers. DUMAC maintains board relationships with James C. Zelter of Apollo Global Management, Adam Silver of the NBA, and Ashok Varadhan of Goldman Sachs. The organization participates in the Intentional Endowments Network and the Institutional Limited Partners Association. No dated operational events from the last 24 months appear in available records. DUMAC operates under direct control of Duke University as a non-profit support entity, which separates its governance from typical external asset managers.
General information
Firm type
Corporate Investor
Year founded
1990
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Durham
Corporate office
Durham, NC, United States
Principals
Neal F. Triplett
President and Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at DUMAC?
Neal F. Triplett serves as President and Chief Investment Officer. The board includes James C. Zelter, Adam Silver, and Ashok Varadhan.
How is DUMAC related to Duke University?
DUMAC functions as a non-profit support organization controlled by Duke University. It manages the university endowment, retirement pool, and health system assets.
What asset classes does DUMAC allocate to?
DUMAC invests across public markets, private equity, natural resources, and real estate. Specific holdings include the Durham Innovation District and Morris Street commercial properties.
Does DUMAC maintain memberships in industry groups?
DUMAC participates in the Intentional Endowments Network and the Institutional Limited Partners Association.
Where does DUMAC source its capital?
Capital originates from Duke University endowment funds, employee retirement assets, Duke University Health System investments, and The Duke Endowment.
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