Makena Capital Management

Hedge Fund SEC-registered adviser

Legal name: Makena Capital Management, LLC

Menlo Park, CA Website

AUM

$24.3B
Regulatory AUM

Private funds

29
Private Equity 15 · Hedge Fund 14

Private fund assets

$21.6B
Gross asset value

Employees

77

Last Form D raise

Sep 2026
Most recent fund filing

From SEC Form ADV filing (filed Mar 31, 2026). View on SEC

People(10)

Owners and executive officers named on the firm's SEC Form ADV.

J
Managing Director & Chief Investment Officer
M
Chief Financial Officer & Managing Director
W
Chief Compliance Officer, General Counsel & Managing Director

Funds(29)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Makena Perpetual Private Equity Fund, L.P.Hedge Fund$1.7B$3.4B188Sep 2026Hot
Makena Capital Associates (U.S.), L.P.Hedge Fund$7.1B$13.5B596Aug 2026Hot
Makena Capital Splitter X, L.P.Hedge Fund$3.7B$4.2B107Aug 2026Hot
Makena Capital Splitter B, L.P.Hedge Fund$2.9B$3.4B10Aug 2026Hot
Makena Perpetual Venture Capital Fund, L.P.Hedge Fund$1.5B$1.9B351Aug 2026Hot
Makena Capital Splitter Y, L.P.Hedge Fund$1.5B$1.0B1Aug 2026Hot
Makena Capital (U.S.), L.P.Hedge Fund$797.3M$2.8B4Aug 2026Hot
Makena Perpetual U.S. Real Estate Fund, L.P.Hedge Fund$192.9M$498.3M20Aug 2026Hot
Makena Active Equity Portfolio, L.P.Hedge Fund$80.4M$363.1M30Aug 2026Hot
Makena Opportunity Fund, L.P.Private Equity$35.6M——Mar 2025Cool
Makena Strategic Opportunities Fund - Sh Re, L.P.Private Equity$88.7M$100.0M1Mar 2020Cold
Alternative Endowment Portfolio (cayman), L.P.Hedge Fund$1.1B$112.5M1Jan 2020Cold
Makena Strategic Opportunities Portfolio, L.P.Hedge Fund$70.6M——Apr 2019Cold
Makena Emerging Markets Fund, L.P.Hedge Fund$21.3M——Apr 2019Cold
Makena Long-Short Fund, L.P.Hedge Fund$71K——Apr 2019Cold

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
156855
SEC file number
801-74068
CIK
1359262

Sources