Investment Analyst, DUMAC

DUMAC, Inc. is the investment office managing approximately $27 billion in assets for Duke University, Duke Health System, the Duke Employees Retirement Plan, and The Duke Endowment. DUMAC uses a long-term, global investment strategy across asset classes such as equities, fixed income, hedge funds, commodities, venture capital, private equity, and real estate. Its long-term performance consistently ranks among the best in its peer group.

Located in downtown Durham, North Carolina-just minutes from Duke University-DUMAC is part of the vibrant and growing Raleigh-Durham metro area, one of the nation's top-ranked regions for quality of life and innovation.

Investment Analysts are key members of the investment team. They participate in all stages of the investment process-from sourcing and evaluating opportunities through ongoing portfolio management. Analysts collaborate directly with senior leadership and gain broad exposure to diverse asset classes and strategies.

• Identify, evaluate, and monitor investment opportunities across global asset classes.
• Conduct qualitative and quantitative analyses to assess risk, return, and performance.
• Support decisions regarding asset allocation within DUMAC's portfolio.
• Maintain and update internal investment databases and analytics.
• Assist the Chief Investment Officer and team with investment presentations and written recommendations.
• Independently research markets, strategies, and emerging investment opportunities.

• Broad Exposure: Analysts on the Public Team work across multiple asset classes, including equities, hedge funds, fixed income, and commodities.
• World-Class Access: Regular interaction with leading global investment managers-offering insights into cutting-edge strategies.
• Early Responsibility: DUMAC's flat structure provides analysts meaningful responsibility and opportunities to lead projects early.
• Collegial Culture: Analysts are encouraged to pursue independent research and share perspectives across the team.
• Professional Development:
  
  
  
  • Structured three-year analyst program offering deep learning in asset management.
  • Full financial support for Chartered Financial Analyst (CFA) exam preparation.
  
  
  
  

• Infinite time horizon: Enables long-term investing without short-term constraints.
• Flexibility: Capacity to take contrarian positions and accept near-term volatility.
• Exposure to alternatives: Greater access to illiquid investments that drive higher potential returns.

• Bachelor's degree (completed or expected by May 2026) with an excellent academic record.
• Strong analytical, research, and quantitative skills.
• Excellent written and verbal communication.
• Effective time management and ability to balance multiple priorities.
• Team-oriented mindset and collaborative working style.
• Integrity, professionalism, and discretion in handling confidential information.
• Comfort interacting with senior executives and investment professionals.
• Demonstrated passion for investing through internships, coursework, or personal initiatives.

Duke University offers a competitive total compensation package, including:

• Comprehensive medical, dental, and retirement benefits.
• Generous time-off and family-friendly programs.
• Career development and professional education support.

For detailed benefits information, visit hr.duke.edu/benefits .