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.
B
J
J
J
J
K
L
L
M
W
Funds(29)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| Makena Perpetual Private Equity Fund, L.P. | Hedge Fund | $1.7B | $3.4B | 188 | Sep 2026 | Hot |
| Makena Capital Associates (U.S.), L.P. | Hedge Fund | $7.1B | $13.5B | 596 | Aug 2026 | Hot |
| Makena Capital Splitter X, L.P. | Hedge Fund | $3.7B | $4.2B | 107 | Aug 2026 | Hot |
| Makena Capital Splitter B, L.P. | Hedge Fund | $2.9B | $3.4B | 10 | Aug 2026 | Hot |
| Makena Perpetual Venture Capital Fund, L.P. | Hedge Fund | $1.5B | $1.9B | 351 | Aug 2026 | Hot |
| Makena Capital Splitter Y, L.P. | Hedge Fund | $1.5B | $1.0B | 1 | Aug 2026 | Hot |
| Makena Capital (U.S.), L.P. | Hedge Fund | $797.3M | $2.8B | 4 | Aug 2026 | Hot |
| Makena Perpetual U.S. Real Estate Fund, L.P. | Hedge Fund | $192.9M | $498.3M | 20 | Aug 2026 | Hot |
| Makena Active Equity Portfolio, L.P. | Hedge Fund | $80.4M | $363.1M | 30 | Aug 2026 | Hot |
| Makena Opportunity Fund, L.P. | Private Equity | $35.6M | — | — | Mar 2025 | Cool |
| Makena Strategic Opportunities Fund - Sh Re, L.P. | Private Equity | $88.7M | $100.0M | 1 | Mar 2020 | Cold |
| Alternative Endowment Portfolio (cayman), L.P. | Hedge Fund | $1.1B | $112.5M | 1 | Jan 2020 | Cold |
| Makena Strategic Opportunities Portfolio, L.P. | Hedge Fund | $70.6M | — | — | Apr 2019 | Cold |
| Makena Emerging Markets Fund, L.P. | Hedge Fund | $21.3M | — | — | Apr 2019 | Cold |
| Makena Long-Short Fund, L.P. | Hedge Fund | $71K | — | — | Apr 2019 | Cold |
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
- SEC Form ADV Oct 14, 2026