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Makena Perpetual Venture Capital Fund, L.P.

Hedge FundFund ID 805-7661979721Delaware, United States
Gross assets
$1.51B
Min. investment
$10M
Beneficial owners
299
Size rank
Top 5%
Audited
Yes
Structure
Master

About this fund

Makena Perpetual Venture Capital Fund, L.P. is a hedge fund managed by Makena Capital Management, LLC. The fund reports $1.5 billion in gross assets, placing it among the top 5% of private funds by size. The stated minimum investment is $10 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-7661979721
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Makena Capital Associates (u.s.), L.P.Hedge$7.06B
Makena Capital Splitter X, L.P.Hedge$3.71B
Makena Capital Splitter B, L.P.Hedge$2.87B
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Frequently asked questions

How large is Makena Perpetual Venture Capital Fund, L.P.?

Makena Perpetual Venture Capital Fund, L.P. reports $1.5 billion in gross assets, among the top 5% of private funds by size.

What is the minimum investment for Makena Perpetual Venture Capital Fund, L.P.?

The stated minimum investment is $10 million.

Who manages Makena Perpetual Venture Capital Fund, L.P.?

Makena Perpetual Venture Capital Fund, L.P. is managed by Makena Capital Management, LLC.

Does Makena Perpetual Venture Capital Fund, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported
Administrator
Auditor
Marketer

Reported gross assets

$1.51B▼ 5%
Mar '25 — $1.59BApr '25 — $1.59BMay '25 — $1.59BJun '25 — $1.59BJul '25 — $1.59BAug '25 — $1.59BSep '25 — $1.59BOct '25 — $1.59BNov '25 — $1.59BDec '25 — $1.59BJan '26 — $1.59BFeb '26 — $1.59BMar '26 — $1.51BApr '26 — $1.51BMay '26 — $1.51BJun '26 — $1.51B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 5%
Larger than 95% of 67,041 private funds
Gross assets vs Hedge FundsTop 11%
Larger than 89% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons1%
Funds of funds33%
Non-U.S. persons45%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.