Duane has had over 30 years of experience in academics, business management, and private equity investing. He served as a professor at Iowa State University, worked as an economist at the Federal Reserve Bank of Philadelphia and managed corporate M&A and business development activities at General Mills. Duane also helped build two private equity firms, first Churchill Capital and then Northstar Capital, that collectively have managed over $1 billion in investments. Duane also serves as a Partner of Capital Management Resources, an administrator for investment funds. For six years, he has been an active sponsor of the Okoboji Entrepreneurial Institute. He holds a PhD from The Wharton School at the University of Pennsylvania and an MS and BS from Iowa State University.