Some investment offices choose to build portfolios by balancing passive exposure to more efficient asset classes (such as listed equity or fixed income) with exposure to private asset classes, in order to maximize returns while minimizing management fees. However, accessing private asset classes presents a challenge to investment offices that lack resources, experience or strong industry relationships. Additionally, adding private assets to a broader portfolio requires sophisticated cash flow modeling and planning, as private assets draw capital for several years before producing net distributions, potentially creating liquidity constraints.
Private Asset Partner
Makena provides a unique solution to investors looking for assistance in accessing and managing a portfolio of private assets. Our private asset class solutions have been thoughtfully constructed and are now diversified across 10+ vintage years. Investors gain immediate exposure (i.e., no J-curve) to high quality private assets which complement and complete your existing portfolio.