Investing for Future Generations Makena Capital Management is a global, alternative investment manager serving multigenerational capital. We provide investment solutions to help our clients achieve their goals. Our Core Values 1. PARTNERSHIP Collaboration, transparency, and alignment are the foundation of our work 2. TEAM CULTURE Our greatest asset, built on integrity, meritocracy, and intellectual rigor 3. LONG-TERM ORIENTATION Crucial to access superior investments and to manage perpetual portfolios Makena Team How We Invest Investment Philosophy Rooted in the endowment style of investing, we seek balanced diversification in order to protect and grow multigenerational capital over the long term. Portfolio Solutions Makena specializes in constructing alternative asset class portfolios of high-quality investment opportunities. Manager Selection & Due Diligence Manager selection and due diligence are our core competencies; benefit from our expertise. Responsible Investing Every investment we make is subject to our Responsible Investing Framework. Portfolio Solutions Our alternative investing experience spans decades. Invest in our asset class portfolios on a stand-alone basis or as a holistic, endowment-style portfolio. Or, let us build you a custom portfolio as part of our Outsourced CIO service. 1 Private Equity Capitalize on proven manager skill. 2 Real Assets Own quality assets with unique demand drivers. 3 Public Equity Capture concentrated value creation with a long time horizon. 4 Hedge Funds Diversify returns and protect capital. Who We Serve Endowments & Foundations Capital preservation and growth after a payout Family Offices Your investment partner for the next generation Pensions & Sovereign Wealth Funds An extension of your capabilities November 22, 2021 Larry Kochard Speaks with MarketWatch on Powell Re-Nomination Makena’s Chief Investment Officer Larry Kochard shared his insights in MarketWatch on the trends driving markets ahead of Thanksgiving, and following President Biden’s re-nomination of Jerome Powell as Fed Chief and nomination of Lael Brainard to serve as Fed vice chairwoman. READ MORE November 1, 2021 Larry Kochard Speaks with Pensions & Investments on Benchmarking Effectively In a recent Pensions & Investments article, Makena Chief Investment Officer, Larry Kochard shares his thoughts on how when it comes to asset owners' private equity portfolios, there is "no silver bullet" to benchmarking private equity investments. READ MORE October 14, 2021 Larry Kochard speaks with Barron’s on Endowment Returns Makena’s Larry Kochard spoke with Barron’s about the factors contributing to this fiscal year’s high returns for university endowments. He shared, “The endowment model has taken a lot of pushback in the past decade, but this reinforces that you are going to see bigger returns if you are long-term-oriented.” READ MORE Sign up to receive our Insights Enter Your Email 650.926.0510 Makena Capital Management, LLC 2755 Sand Hill Road Suite 200 Menlo Park, CA 94025 RESOURCES Insights Client & Partnership Models Why Makena Contact LEGAL Terms of Use Disclosures INSIGHTS Sign up to receive updates from Makena Capital Enter Your Email © 2021 Makena Capital.