Michael McCaffery

  • Chairman

Michael McCaffery is Chairman and a Managing Director of Makena Capital Management. A founder of the firm, he is also a member of the firm’s Board of Directors, and the Management and Investment Committees. Named Chairman in January 2014, Mike previously served as CEO of Makena. Prior to forming Makena Capital Management in 2005, Mike was the President and CEO of the Stanford Management Company overseeing the Stanford University Endowment, which he joined in 2000. Previously he was Chairman and CEO of the investment bank Robertson Stephens and Company. Mike joined Robertson Stephens as Director of Investment Banking in 1988. Prior to Robertson Stephens, Mike was with Morgan Stanley and Company.

Mike was named to the Board of Directors of NVIDIA Corp. in March 2015 and is a director of C3 Energy. He also serves as a Trustee of the Rhodes Scholarship Trust. Mike is a member of the Advisory Boards of Accel Partners, Crosslink Capital, Sageview Capital, Silver Lake Partners, SPO Partners & Co., Stadium Capital Management and the Stanford Institute for Economic Policy Research (SIEPR). Mike graduated with a BA from Princeton University, and as a Rhodes Scholar, attended Merton College at Oxford University where he earned a BA Honors and an MA. Mike has an MBA from the Stanford Graduate School of Business.

“We believe that the best way to invest extremely long-dated capital is in well-diversified global portfolios that have tight constraints around asset allocation and risk management.”

Michael McCaffery