Makena Capital Management, LLC
MENLO PARK, CA
Form ADV and provider website profile · CRD 156855 · regulatory data as of Mar 31, 2026
This profile compiles reported firm AUM, regulatory account counts, ownership information, and source-linked regulatory records for Makena Capital Management, LLC. Firm-wide values may include business beyond OCIO services; review the linked filing before relying on a claim. How to interpret OCIO Intelligence data.
$24.3BReported Firm AUMReported Firm AUMTotal assets under management reported for the registered advisory firm. This may include businesses beyond its OCIO services.
48Total AccountsTotal AccountsTotal regulatory accounts reported in Form ADV Item 5.F. This is not necessarily the number of OCIO mandates or unique clients.
$23.8BDiscretionary AUMDiscretionary AUMFirm assets reported as discretionary, where the adviser generally has authority to make investment decisions within the client mandate.
$465MNon-discretionary AUMNon-discretionary AUMFirm assets reported as non-discretionary, where the client generally retains final investment decision authority.
Regulatory Private Funds
Form ADV source29Reported private funds
15Private Equity
14Hedge Fund
Showing 29 of 29 reported funds.
| Fund | Type | Identifier | Fund of funds | Investment Company Act | Clients invested |
|---|---|---|---|---|---|
| ALTERNATIVE ENDOWMENT PORTFOLIO (CAYMAN), L.P. | Hedge Fund | 805-7722213234 | Yes | Not reported | 0 |
| COAST TO COAST REAL ASSET FUND, L.P. | Private Equity | 805-8410444146 | Yes | Not reported | 0 |
| MAKENA ABSOLUTE RETURN ASSOCIATES, L.P. | Hedge Fund | 805-5952045617 | Yes | Not reported | 0 |
| MAKENA ACTIVE EQUITY PORTFOLIO, L.P. | Hedge Fund | 805-4998143963 | Yes | Not reported | 8 |
| MAKENA CAPITAL (U.S.), L.P. | Hedge Fund | 805-7700280668 | Yes | Not reported | 0 |
| MAKENA CAPITAL ASSOCIATES (U.S.), L.P. | Hedge Fund | 805-3446289879 | Yes | Not reported | 2 |
| MAKENA CAPITAL SPLITTER B, L.P. | Hedge Fund | 805-1518134175 | Yes | Not reported | 0 |
| MAKENA CAPITAL SPLITTER X, L.P. | Hedge Fund | 805-9156454317 | Yes | Not reported | 23 |
| MAKENA CAPITAL SPLITTER Y, L.P. | Hedge Fund | 805-3891013691 | Yes | Not reported | 23 |
| MAKENA CONTINGENT CAPITAL ACCOUNT II, L.P. | Private Equity | 805-8099069030 | Yes | Not reported | 0 |
| MAKENA CONTINGENT CAPITAL ACCOUNT III-MOMA, L.P | Private Equity | 805-6406099791 | Yes | Not reported | 0 |
| MAKENA CONTINGENT CAPITAL ACCOUNT, L.P. | Private Equity | 805-8434726381 | Yes | Not reported | 0 |
| MAKENA EMERGING MARKETS FUND, L.P. | Hedge Fund | 805-7979155355 | Yes | Not reported | 0 |
| MAKENA LONG-SHORT FUND, L.P. | Hedge Fund | 805-1316026100 | Yes | Not reported | 0 |
| MAKENA NZ CAYMAN, L.P. | Private Equity | 805-6524182514 | Yes | Not reported | 0 |
| MAKENA OPPORTUNITY FUND, L.P. | Private Equity | 805-7318195956 | Yes | Not reported | 10 |
| MAKENA PERPETUAL PRIVATE EQUITY FUND, L.P. | Hedge Fund | 805-5027879015 | Yes | Not reported | 2 |
| MAKENA PERPETUAL U.S. REAL ESTATE FUND, L.P. | Hedge Fund | 805-1406763120 | Yes | Not reported | 2 |
| MAKENA PERPETUAL VENTURE CAPITAL FUND, L.P. | Hedge Fund | 805-7661979721 | Yes | Not reported | 4 |
| MAKENA PRIVATE EQUITY FUND II, L.P. | Private Equity | 805-8474717713 | Yes | Not reported | 0 |
| MAKENA PRIVATE EQUITY FUND III, L.P | Private Equity | 805-6460036923 | Yes | Not reported | 2 |
| MAKENA PRIVATE EQUITY FUND, L.P. | Private Equity | 805-7533358716 | Yes | Not reported | 0 |
| MAKENA REAL ESTATE FUND II, L.P. | Private Equity | 805-1192640241 | Yes | Not reported | 0 |
| MAKENA REAL ESTATE FUND, L.P. | Private Equity | 805-4383907062 | Yes | Not reported | 0 |
| MAKENA STRATEGIC OPPORTUNITIES FUND - KANDLE, L.P. | Private Equity | 805-2762225801 | Yes | Not reported | 0 |
| MAKENA STRATEGIC OPPORTUNITIES FUND - KH CAYMAN, LP | Private Equity | 805-5243111193 | Yes | Not reported | 0 |
| MAKENA STRATEGIC OPPORTUNITIES FUND - KH, LP | Private Equity | 805-5833864837 | Yes | Not reported | 0 |
| MAKENA STRATEGIC OPPORTUNITIES FUND - SH RE, L.P. | Private Equity | 805-7939537436 | Yes | Not reported | 0 |
| MAKENA STRATEGIC OPPORTUNITIES PORTFOLIO, L.P. | Hedge Fund | 805-2104402469 | Yes | Not reported | 0 |
A reported private fund is not necessarily used in OCIO client portfolios. The disclosure reflects the registered adviser’s Form ADV private-fund reporting.