Duke Funding Management, L.L.C.
- Regulatory AUM
- $127M
- Discretionary
- $127M
- Clients
- 4
- Avg AUM / client
- $31.7M
- Accounts
- 4
- Employees
- 164
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $127M | 100.0% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $150M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Duke Funding Ix, Ltd. | Securitized Asset Fund | Cayman Islands | $72.1M | 23 |
| Duke Funding Vii, Ltd. | Securitized Asset Fund | Cayman Islands | $42.8M | 7 |
| Duke Funding Vi, Ltd. | Securitized Asset Fund | Cayman Islands | $21.6M | 14 |
| Duke Funding V, Ltd. | Securitized Asset Fund | Cayman Islands | $13.9M | 10 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Vranos, Michael, William | Managing Member | Aug 1995 (31y) | 75% or more of Vc Investments, L.L.C. (indirect) | |
| Geanakoplos, John, Deno | Managing Director | Apr 2001 (25y) | Less than 5% | |
| Penn, Laurence, Eric | Vice Chairman | Apr 2001 (25y) | Less than 5% | |
| Daley, Richard, Anthony | Managing Director And Chief Operating Officer | Dec 2004 (22y) | Less than 5% | |
| Tecotzky, Mark, Ira | Vice Chairman | Jan 2008 (19y) | Less than 5% | |
| Margolis, Daniel, Reuven | General Counsel | May 2010 (16y) | Less than 5% | |
| Vranos, Andrew | Managing Director | Mar 2021 (5y) | Less than 5% | |
| Maloney, Patrick, Brady | Chief Compliance Officer & Associate General Counsel | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Ellington Management Group, L.L.C. | Member | Apr 2001 | A | 75% or more |
| Emg Holdings, L.P. | Member | Jan 2007 | B | ≈ 56.25% – 100% via Ellington Management Group, L.L.C. |
| Vc Investments, L.L.C. | Managing Member | Aug 1995 | B | GP / trustee / elected manager of Ellington Management Group, L.L.C. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Emg Holdings, L.P.: 75% – 100% of Ellington Management Group, L.L.C. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $150M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Duke Funding Ix, Ltd. | Securitized Asset Fund | $72.1M | $500K | 23 |
| Duke Funding Vii, Ltd. | Securitized Asset Fund | $42.8M | $500K | 7 |
| Duke Funding Vi, Ltd. | Securitized Asset Fund | $21.6M | $500K | 14 |
| Duke Funding V, Ltd. | Securitized Asset Fund | $13.9M | $500K | 10 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 2.84 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗