Analyst, DUMAC

DUMAC, Inc. (Duke University Management Company)

At Duke, we believe great investing starts with curiosity, diverse perspectives, and a passion for continuous learning. As a Private Team Investment Analyst
, you will join a highly collaborative investment team responsible for helping steward approximately $30 billion in assets that support Duke University's educational, research, healthcare, and philanthropic missions.

You will work alongside experienced investment professionals in an intellectually stimulating environment where new ideas are encouraged, initiative is valued, and professional growth is a priority. Your contributions will help shape investment decisions that create lasting impact for generations to come.

Join a team that thinks long-term, embraces innovation, and seeks investment opportunities across the globe. As part of DUMAC's Private Team, you'll gain broad exposure to venture capital, private equity, natural resources, real estate, and other private investment strategies while working with some of the world's leading investment managers.

• Assist in identifying, evaluating, selecting, and monitoring investment opportunities across private market asset classes.
• Conduct qualitative and quantitative analyses to assess investment opportunities, risks, and portfolio performance.
• Support portfolio construction, asset allocation, and investment strategy analysis.
• Help develop, maintain, and enhance investment databases, AI-enabled tools, and systems that support investment decision-making.
• Support the Chief Investment Officer and investment team members with presentations and strategic investment materials.
• Prepare investment memoranda, reports, and recommendations for internal decision-making.
• Conduct independent research on portfolio management topics, emerging investment trends, and new investment opportunities.
• Participate in due diligence activities, investment execution processes, and ongoing portfolio monitoring.
• Collaborate with team members to evaluate investment managers, funds, co-investments, secondaries, and direct investment opportunities.
• Contribute to a culture of intellectual curiosity, rigorous analysis, and thoughtful decision-making.

Gain experience across multiple private asset classes, including venture capital, private equity, real estate, and natural resources. Analyze both investment managers and underlying investment opportunities spanning funds, co-investments, companies, and secondaries.

Engage with some of the world's most respected investors and investment organizations through DUMAC's extensive global network and long-standing institutional relationships.

Join a small, flat organization where you'll contribute directly to investment research, manager meetings, diligence projects, and portfolio discussions early in your career.

Participate in DUMAC's structured three-year analyst program, receive exposure to world-class investment professionals, and access full financial support for pursuing the Chartered Financial Analyst (CFA) designation.

Help manage capital that supports Duke University's long-term mission while investing with a perpetual horizon that allows for thoughtful, long-term decision-making.

• Bachelor's degree from an accredited college or university completed or expected in 2027.
• Outstanding academic achievement.
• Strong analytical, quantitative, and research capabilities.
• Excellent written and verbal communication skills.
• Proficiency with quantitative and analytical tools.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Ability to thrive in a collaborative, team-oriented environment.
• High level of professionalism, integrity, and discretion in handling confidential information.
• Ability to interact professionally with business leaders, executives, and external partners.
• Demonstrated interest in investing through coursework, internships, research, prior work experience, personal investing activities, or related endeavors.
• Interest in or familiarity with private investments, including venture capital, private equity, real estate, and natural resources.

At Duke, your work has purpose beyond performance. Through DUMAC, you'll help support world-class education,…