Based in Chapel Hill, Golden Bell Partners has already secured seven investors.

Ed Hutchinson has left his position as head of Duke University Investment Management Company (Dumac) and created his own investment company, Golden Bell Partners. The new firm is based in Chapel Hill, North Carolina, and is aiming for a $105.25m fund.

Dubbed Golden Bell Partners Fund I, it has attracted seven investors so far. The names of the investors have not been disclosed as part of the SEC filing.

Hutchinson holds a BA in Economics from Virginia University, having graduated…