ABOUT

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 50 years combined 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 Duke
Managing Partner

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.

Christian Moore
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 Green
Director

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.

Andrew Green
Director
Wolfgang Niedert
Director

Wolfgang has worked in the asset-backed growth equity/private equity space for the last 14 years, having been a principal at two bespoke firms in Austin.  His expertise over several funds and direct-deals has dealt in real estate, oil & gas, and federally-chartered CFI banking.  In that time, Wolfgang has spearheaded deal flow, crafted fund/deal sponsorship economics, capital markets/fundraising, operational group efficiencies, and maximized LP exits.  His overarching theme throughout the investment life-cycle is to de-risk deals from start to finish, from people to assets, from markets to governments.  Over that timeframe, covering five funds and independent sponsored deals---he has raised, deployed, and administered nearly $150mm returning a blended net return of 20%, with superior beta profiles.  Prior to this, Wolfgang owned a successful wealth management practice under the American Express/Ameriprise Financial franchise umbrella.  There, he fostered multi-generational investment portfolios into the next phase of family office platforms.

 

Mr. Niedert is also an Adjunct Lecturer in upper-division finance at the McCombs School of Business at the University of Texas, from which he holds two degrees.  Wolfgang serves as an Executive Sec. of the Board of Directors of the Texas Exes (UT-Austin alumni association) where he also served on the I.C. of its nation-leading endowment.  Statewide in Texas, Wolfgang is the inaugural President of the Aguila Alliance, an initiative between the Texas and the government of Mexico where he promotes workforce housing and banking opportunities for the Mexican-American population in Texas primary/secondary markets.  To help direct resources and regulatory change to affordable housing and multi-family properties, he has served under three Austin City Councils as the Bond Oversight Commissioner.  He is a current or prior Board of Directors member of the Texas Book Festival, U.S. Global Leadership Coalition, ClubCorp Company, the UT System Chancellor’s Executive Committee, the Ransom Center for the Humanities, the LBJ School of Public Affairs-Strauss International Center, and the Austin Chamber of Commerce-Economic Development Council.  This has afforded Wolfgang a proprietary network of deep political connectivity, access to capital, and regulatory foresight. 

© 2017 by DynEvolve Capital. 

Multifamily Private Equity Investors