DynEvolve Capital is a bespoke private equity firm in the lower middle-market based in Austin, Texas. Founded in 2016, DynEvolve’s principals have over 30 years of experience in private equity. We are activist managers and investors in domestic energy E&P, multi-family real estate, and federally chartered community banking.
Patrick E. Duke, founder and managing partner of DynEvolve Capital, was the previous founder, president, and managing director of Duke Capital, Angelus Private Equity and President of Lone Star Builders. In the latter role, he used his Certified Real Estate Appraisal training to acquire, renovate, or sell more than $400 million in Texas multi-family properties.
Before that, as CEO of Ameracall and National Wireless, Patrick revolutionized the marketing of wireless services for Southwestern Bell, Century Cellunet, and Bell South (All NYSE listed). As their largest agent, he delivered more than 10,000 new wireless customers per month. He also has extensive experience in negotiating public-switched telephone (PSTN) agreements. As an investment banker for Sun Technologies, Patrick was responsible for developing and managing market targeted acquisitions totaling more than $400 million in various technology sectors. Patrick is a proud alumnus of the McCombs School of Business at The University of Texas.
Chief IT Consultant
Christian Moore is currently at Magic Leap where he focuses on camera system design for AR (Augmented Reality) applications. To date, Magic Leap has raised over 3 Billion dollars. Since joining in 2017, Christian has filed several patents on fundamental concepts that will be critical to the future of computing. Before Magic Leap, Christian co-founded DUO3D, a 3D camera startup that developed active stereo depth sensors paired with break-through CV algorithms. In 2006, he founded an open-source community Natural User Interface Group which focused on HCI. With software gaining popularity he was able to bring in funding from several large tech companies. One being Google where he was a Summer of Code mentor for over six years.
Andrew has over 15 years experience in construction, finance, and private equity. His background in all phases of construction on both a residential and commercial properties allowed a seamless transition to private equity in 2009. Primarily focusing attention on Class C Multifamily assets with a strong value add component, he has completed the renovation and repositioning of over 200 condo units and 2500 apartment units. His experience has allowed him to develop a forte in both effectively underwriting assets and managing capital spend within a short time window and an optimized budget. Andrew is a graduate of the McCombs School of Business at the University of Texas.
In addition to always working to bring the best return available for his investors , Andrew takes a great deal of pride in “cleaning” up workforce housing. He notes that often assets, at acquisition, have suffered from owners that refuse to invest in their properties. Tenants have often been treated as replaceable and not valuable. Andrew has fought to ensure that DynEvolve focuses equally on generating returns while enhancing the living conditions for tenants.