{"id":20698,"date":"2017-08-03T17:29:47","date_gmt":"2017-08-03T21:29:47","guid":{"rendered":"https:\/\/college.unc.edu\/?p=20698"},"modified":"2024-07-02T16:36:34","modified_gmt":"2024-07-02T16:36:34","slug":"buchan-ambassador","status":"publish","type":"post","link":"https:\/\/collegearchive.unc.edu\/?p=20698","title":{"rendered":"Carolina alumnus Duke Buchan III ’85 nominated by White House as Ambassador to Spain"},"content":{"rendered":"
\"\"
Duke Buchan<\/figcaption><\/figure>\n

The White House announced its intent on Aug. 3 to nominate Duke Buchan III ’85 as Ambassador to the Kingdom of Spain and the Principality of Andorra.<\/p>\n

Buchan, a Henderson, N.C., native who graduated from Carolina with a B.A. in Economics and Spanish (from the Romance languages department) in 1985, is the highly successful founder and CEO of Hunter Global Investors L.P., a private investment management firm with multiple funds investing in a range of assets globally, including real estate. Since its inception, Buchan\u2019s flagship fund, which has a long-term focus, has cumulative returns<\/a> over 7.0 times the Hedge Fund Index and 2.3 times the S&P 500.<\/p>\n

Prior to starting Hunter, Buchan worked at several large financial and Wall Street firms, beginning his investment banking career in the 1990s at Merrill Lynch, where he worked in corporate finance and mergers and acquisitions in Latin America, Europe and the United States. He received an MBA from Harvard Business School in 1991, and has studied at La Universidad de Valencia and La Universidad de Sevilla in Spain. He speaks Spanish, and has a working knowledge of Catalan.<\/p>\n

Buchan has been a longtime University supporter, currently serving on the Arts and Sciences Foundation Board of Directors, most recently as vice chair, and on the Chancellor\u2019s Philanthropic Council. He previously served on the University\u2019s Campaign Planning Cabinet.<\/p>\n

Buchan\u2019s philanthropic impact on the University has been most felt in his support for its Spanish programs. In 2011, his family established<\/a> the Buchan Excellence Fund, which the University called \u201cthe largest single endowment at Carolina dedicated to support faculty, graduate students and undergraduates working in Spanish languages, literature and culture.\u201d The fund has supported research by students and professors in Spanish culture and linguistics, enabled travel to Spain and Spanish-speaking countries, and a video exchange program between American and Spanish schoolchildren, among other work.<\/p>\n

As Carolina Connections<\/a> wrote in 2012:<\/p>\n

\u201cCarolina students taking Spanish can thank Duke Buchan III \u201985 and his early obsession with the World Book Encyclopedia for innovative learning experiences that make the language more relevant than ever.\u201d<\/em><\/p>\n

Buchan\u2019s family also provided<\/a> the funding to purchase the old Chapel Hill Public Library as the new home of the University\u2019s Arts and Sciences Foundation, which was named the Buchan House for the family\u2019s generosity.<\/p>\n

Buchan and his wife, Hannah, have three children and live in Palm Beach, Florida, and New York City. The family also owns and manages farms that grow more than 100 varieties of heirloom vegetables and raise horses.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The White House announced its intent on Aug. 3 to nominate Duke Buchan III ’85 as Ambassador to the Kingdom of Spain and the Principality of Andorra.<\/p>\n","protected":false},"author":4,"featured_media":20700,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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