Patrick E. Duke - Managing Partner
Patrick E. Duke, co-founder and managing partner of The Angelus Group, was previous founder, president, and managing director of Duke Capital 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 $100 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. As their largest agent, he delivered more than 10,000 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 $200 million in various technology sectors.
"We do what is right, the right way, at the right time."
Patrick’s professional experience includes high levels of success in multiple industries: energy, real estate, investing, and technology. He paid for his college studies by working on both onshore and offshore oil and gas rigs. Later, he worked for the Texas Railroad Commission, the state’s powerful oil and gas regulatory agency. Through this experience, he internalized critical knowledge of the operational and regulatory side of the oil and gas business in the 1970s and 1980s, during which it experienced historic boom-and-bust conditions that prepared him to become a successful oil investor.
To date, Patrick has been involved in predominantly onshore oil and gas transactions exceeding a total of $150 million. In addition, he co-founded an oil and gas exploration company that was eventually sold to Placid Oil Company, which is owned by the Hunt Family in Dallas, Texas.
As president of Lone Star Building and Remodeling, Patrick used his Certified Real Estate Appraiser background to value, purchase, refurbish, and sell over $300 million in value-added real estate properties in Texas, particularly in and around strategic locations in Austin, Houston, and Dallas. By targeting these local markets and making acquisitions on strictly favorable terms, he has generated outstanding returns in both up and down markets. Previously, as CEO of Ameracall and National Wireless, Patrick revolutionized the marketing of wireless services for Southwestern Bell, Century, Cellunet, and Bell South.
With his long track record of success, Patrick brings a diversified wealth of transactional experience to Angelus Capital, encompassing the financial, real estate, technology, and energy sectors at both domestic and international levels.