Golden Bell Partners, an investment company headed up by Duke University Investment Management’s former head Ed Hutchinson, has raised $140.9m for its second fund.
Based in close proximity to both Duke University and University of North Carolina at Chapel Hill, the fund will have startups and spinouts from both institutions on its doorstep. However, Hutchinson is yet to reveal an investment strategy, nor is it known whether Duke University has taken a stake in its former investment manager’s new fund.