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.
Investing for the Next Generation
Makena Capital Management is a multi-asset class investment manager with $20 billion of capital under management.
LEARN MORELatest Insights
Makena 2023 Sustainability Report
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.
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Makena 2022 YE Marketables Letter
This letter addresses how we’ve responded to one of the most challenging investment environments of the last couple decades. We reflect and provide detail on our portfolio changes and dive into our Hedge Fund portfolio, which we are particularly excited given the current environment. We appreciate the relative recency and duration of this challenging period and are mindful of the temptation to overreact. While we will continue to adjust the portfolio as necessary, we remain excited about our manager roster and underlying portfolio as it stands today.
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Makena 2022 Sustainability Report
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.
Read More
