Case Study: Dumac LLC manages $19 billion more efficiently with Backstop Solutions

Using Backstop to Manage Four Multi-Billion University Endowments and Investment Pools

Dumac LLC, the investment management arm of Duke University, manages more than $19 billion across four endowments and investment pools. As its responsibilities grew, the team needed a more structured way to handle hedge fund liquidity information, manager relationships, and other investment records, replacing spreadsheets and scattered files with a central system. Backstop Solutions became the vendor supporting that need.

Dumac LLC first adopted Backstop Solutions’ Hedge Fund Liquidity module and later added other modules as Backstop became central to its workflow. The firm now uses Backstop to track manager relationships, financial records, notes, correspondence, board reporting, and other operational processes, giving staff a common source of data and helping automate work. Neal Triplett said the savings are “without a doubt, a multiple” of what DUMAC pays for Backstop Solutions.

Dumac LLC

Neal Triplett

President & CEO