Cryptocurrencies continue to dominate the headlines, but less covered is the historic interest from institutional investors in the nascent asset class. In this Makena Insights video, Lara Banks takes the long-term view and outlines investment opportunities across blockchain technology, DeFi and crypto.
Amid a banner year plus for IPOs, hedge funds are finding that the greatest returns can be found in the last rounds of fundraising as a private company, and aggressively investing in that strategy, according to Makena’s Jackson Garton.
Long-Term Risk Valuation: Ahead of the Jackson Hole Symposium, Makena CIO Larry Kochard discussed the optimal asset mix to help institutional portfolios navigate the twin guardrails of long-term inflation risk and valuation risk without reducing return potential.
Makena believes that identifying and advancing material factors related to environmental stewardship, social impact, and corporate governance can improve shareholder returns. Our sustainable investment framework starts with and is rooted in our fiduciary responsibility to deliver the highest risk-adjusted, long-term returns for our investors.
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.
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.
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.”
In a conversation with @Fundfire, Makena’s @Luke Proskine offered insight on the key drivers of high returns for the OCIO and endowment industries over the last fiscal year, noting that “the endowments and foundations that do not see themselves getting the windfall of returns of their peers might re-think their investment programs.”
The last decade has seen tremendous growth in Outsourced CIO (“OCIO”) assets, from just $100 billion globally in 2007 to over $2 trillion today. However, the term “OCIO” is broad, at best. We have identified four key areas of differentiation among the OCIO industry. Within each area, there is a wide spectrum of offerings. This Makena Insight acts as a guide to navigating each area of differentiation. Understanding the breadth of offerings and how to assess them will help focus an institution’s OCIO search.
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