Firm profile
DUMAC
DUMAC is an endowment based in Durham, NC.
Updated . Rechecked quarterly; next check .
- Entity type
- Endowment
- Headquarters
- Durham, NC
- Website
- dumac.duke.edu
- Source
- IRS Form 990
About DUMAC
DUMAC provides investment management services to Duke University and affiliated organizations, including the university's endowment, its defined-benefit pension assets, Duke University Health System's investments, and the assets of the separately governed Duke Endowment charitable trust. The office targets a real rate of return net of fees sufficient to sustain its distributions over the long term, using a patient, long-horizon approach.[Firm website]
Duke's student and faculty investment-advisory committee process, through which the community can petition DUMAC on investment questions, has drawn coverage examining how the mechanism works and what distinguishes a successful petition.[Duke Chronicle]
- Focus
- Endowment and institutional asset management for Duke University
Where DUMAC is listed
DUMAC is in the investor directory.
Scope and method
- What is shown
- The facts on DUMAC's row of our directory lists: its kind, its headquarters, its founding year and website where the row gives them, the figure with its date, and the description.
- The figures
- Each figure carries its date. A figure from a public filing links that filing; a figure the firm reports itself is marked firm-reported.
- Sources
- IRS Form 990 and the firm's own website, dumac.duke.edu.
- Checked
Compiled by Praxis Rock Advisors. Reuse of our descriptions needs permission.