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.
In a Pensions & Investments newspaper commentary, Luke Proskine, Co-Managing Partner at Makena Capital Management, LLC, addresses the four key questions that drive OCIO matchmaking and how Makena navigates the landscape.
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 order to provide more regular and timely insights around our approach to the Public Equity, Hedge Funds, and Fixed Income asset classes, Makena is introducing a new semi-annual Marketables Investor Letter. This first edition outlines the implications of 2020’s market actions and reviews Makena’s approach to active management in Public Equity.
Cryptocurrency and blockchain technology have the potential to upend the financial system, the internet, and the very notion of a corporation. But does the hype around this rapidly expanding technology translate to practical investment themes? The latest Makena Insight outlines the multiple functions of blockchain technology as they relate to a well-balanced venture capital portfolio.
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.
By integrating ESG factors into our investment activities, we believe we can materially enhance financial and operating outcomes. Makena’s 2020 ESG Report examines our philosophy and process around ESG integration, and reviews the evolution of our approach over time.
Market drawdowns throw portfolios out of balance and force investors to make difficult decisions around rebalancing. With COVID-19 as a backdrop, Makena’s latest insight examines the equity risk premium (“ERP”) through historical downturns as a guide for investors rebalancing into risk assets.