Makena Capital Management is a global, multi-asset class investment manager that provides a range of pooled investment vehicles with the objective of long-term, risk adjusted capital appreciation.
We currently manage $19 billion in perpetual capital, providing investment solutions to endowment investors around the world. Makena is positioned to deliver the expertise, operating platform and risk management required to effectively execute the endowment model investment strategy. Our significant scale, experience and pooled investment structure give our clients access to broadly diversified, global investment opportunities that span traditional and alternative asset classes and strategies. As fiduciaries, we work closely with our investors, considering their target levels of risk, return, and liquidity, often employing multiple Makena vehicles.
Founded in 2005 by principals from leading North American endowments and foundations, the firm offers clients the extensive experience and relationships developed while managing capital at the Stanford Management Company, the Hewlett Foundation and Northwestern University. Our Managing Directors currently serve on the Investment Committees for a number of leading institutions, including The Rhodes Trust, The Bechtel Foundation, Washington University in St. Louis, Dartmouth College and the Virginia Environmental Endowment. This provides us with a unique perspective on the challenges facing large endowments today.
Our firm architecture is designed to ensure continuous alignment with our clients’ interests. Our multi-generational, team-oriented culture and the depth of our investment team contribute to the long-term stability critical to endowment investing. Our investment professionals are supported by a robust operating platform, designed to provide the highest level of integrity, compliance and client service. Our preeminent Board of Directors provides investment oversight and transparency.