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.”
Co-investing is certainly on a hot streak – and is on pace to reach $187 billion in capital deployed this year – well above the five-year average. Makena’s Brian Rodde spoke to Fundfire on the drivers for the surge and the right way to quickly diligence and invest behind these opportunities.
In the latest edition of Fundfire Alts, Makena’s Brian Rodde offers insight on the benefits of allocating to long-dated private equity funds – “You can reduce the performance leakage in fees, carry and taxes by holding the same asset in the same structure and being able to leave your money invested for longer.”
Spurred on by geopolitical changes including Brexit and rising tensions between the U.S. and China, asset managers and others argue that there’s a strong case now for investors to move away from simple index funds and adopt a more active securities-selection approach to emerging markets. Larry Kochard, Makena’s CIO, discusses how we capitalize on market inefficiencies in countries like Brazil, China, India, and Russia using active management.
Many institutional investors paused private fund commitments during the uncertainty of the Great Financial Crisis – and learned the hard way not to miss the next opportunity to invest into a market recovery. This time around, private fundraising is busier than ever. Brian Rodde comments on the highly active 2021 fundraising landscape in this article from Buyouts.
As the possibility of an oncoming inflation surge looms, investors across the landscape are set on finding ways to beat rising prices if they do arrive. In this article from Investor’s Business Daily, CIO Larry Kochard offers a glance at Makena’s equity-focused approach, centered on high quality growth businesses.
In Privcap’s interviews with senior professionals in the Private Equity industry, they share a conversation with Lara Banks, Managing Director of Makena Capital, about building a career in an industry that has a small but growing population of women in leadership positions.
Congratulations to Lara Banks, Managing Director and Co-Head of Private Equity at Makena Capital for being named as a Woman to Watch in The Wall Street Journal Pro’s Private Equity Analyst November issue. The publication highlights Lara’s role sourcing and executing Makena’s investments in and alongside high-quality private equity and venture capital managers and her leadership of the firm’s ESG commitments.