Investing for Future Generations

Makena Capital Management is a global, alternative investment manager serving multigenerational capital. We provide investment solutions to help our clients achieve their goals.

 

Our Core Values

1. Partnership

Collaboration, transparency, and alignment are the foundation of our work

2. Team Culture

Our greatest asset, built on integrity, meritocracy, and intellectual rigor

3. Long-term Orientation

Crucial to access superior investments and to manage perpetual portfolios

Makena Team

How We Invest

Investment Philosophy

Rooted in the endowment style of investing, we seek balanced diversification in order to protect and grow multigenerational capital over the long term.

Portfolio Solutions

Makena specializes in constructing alternative asset class portfolios of high-quality investment opportunities.

Manager Selection & Due Diligence

Manager selection and due diligence are our core competencies; benefit from our expertise.

Responsible Investing

Every investment we make is subject to our Responsible Investing Framework.

Portfolio Solutions

Our alternative investing experience spans decades. Invest in our asset class portfolios on a stand-alone basis or as a holistic, endowment-style portfolio. Or, let us build you a custom portfolio as part of our Outsourced CIO service.

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Who We Serve

Endowments & Foundations

Capital preservation and growth after a payout

Family Offices

Your investment partner for the next generation

Pensions & Sovereign Wealth Funds

An extension of your capabilities

November 22, 2021 in In The News

Larry Kochard Speaks with MarketWatch on Powell Re-Nomination

Makena’s Chief Investment Officer Larry Kochard shared his insights in MarketWatch on the trends driving markets ahead of Thanksgiving, and following President Biden’s re-nomination of Jerome Powell as Fed Chief and nomination of Lael Brainard to serve as Fed vice chairwoman.
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November 1, 2021 in In The News

Larry Kochard Speaks with Pensions & Investments on Benchmarking Effectively

In a recent Pensions & Investments article, Makena Chief Investment Officer, Larry Kochard shares his thoughts on how when it comes to asset owners' private equity portfolios, there is "no silver bullet" to benchmarking private equity investments.
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October 14, 2021 in In The News

Larry Kochard speaks with Barron’s on Endowment Returns

Makena’s Larry Kochard spoke with Barron’s about the factors contributing to this fiscal year’s high returns for university endowments. He shared, “The endowment model has taken a lot of pushback in the past decade, but this reinforces that you are going to see bigger returns if you are long-term-oriented.”
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