Transforming Client Objectives Into Outperformance
We share a long-term perspective with our clients, and deliver a disciplined, transparent partnership. We begin by understanding your objectives and designing a solution that works for you.
Investment Philosophy
Driving Growth and Wealth Preservation through Alternative Assets
As experienced capital allocators, we understand that thoughtful portfolio construction and access to alternative investments are essential to preserving and growing wealth over the long term. Makena brings the institutional experience, disciplined approach, and differentiated access needed to help investors navigate these markets with confidence.
- $23B AUM
- Managed for our clients and partners
- 20+ Years
- Average investment experience of senior investment team
Makena Portfolio Solutions
Endowment Fund
OCIO Solutions
Customization and Partnership
We serve as an extension of our clients’ investment teams, building customized portfolios around each institution’s objectives, spending needs and liquidity requirements. Clients gain access to the full breadth of the Makena platform, supported by dedicated servicing, transparent reporting and governance support.
Asset Class Funds
Manager Selection
Manager Selection and Risk Management Yield Differentiated Results
Access to Top Managers
Underpins Our Portfolio Solutions
Manager selection is a defining strength of Makenas and a consistent source of alpha in investing. Over 20 years, we have built deep, long-standing relationships across the investment management landscape, giving us ongoing visibility into emerging talent, hard-to-access niche strategies, and the next generation of exceptional managers before they are widely known.
Our manager roster is intentionally balanced between larger and smaller fund managers, with a bias toward those overseeing smaller, more focused pools of capital. Perhaps our strongest distinguishing attribute is our proclivity for identifying and backing emerging managers, investors spinning out of larger firms to embark on new ventures. Investing with smaller and even first-time funds is integral to our strategy, and we have repeatedly demonstrated a skill for backing the initial efforts of new managers.
Alongside our manager selection process, risk management is embedded directly into how we construct our portfolios. We diversify across asset classes, managers, and strategies to limit concentration and guard against permanent capital loss, and we maintain a dedicated suite of in-house hedging tools, including currency and tail-risk hedges, to manage short-term volatility without diluting long-term returns. This discipline also seeks to ensures the portfolio holds sufficient liquidity to meet annual distributions and capital commitments, so that during periods of market dislocation, we’re positioned to rebalance and capitalize on opportunities rather than being forced to sell into them.
Manager Selection
Manager Selection and Risk Management Yield Differentiated Results
