Get premium alternative investment insights

Get the Briefing
AltStreet
EDGAR Verified
Primary Source · SEC.gov

Makena Perpetual Global Real Estate Fund, L.P.

CIK 0001724905Fund Vehicle2020 vintage506(b), 3(c)
Makena Perpetual Global Real Estate Fund, L.P.

Raised

$82M

Investors

6

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Makena Perpetual Global Real Estate Fund, L.P. is a Delaware limited partnership filed by Makena Capital Management and related promoter entities. This amended filing reports $82.4M raised from 6 investors under Rule 506(b) and Section 3(c) exemptions, with no stated minimum investment. The filing does not disclose a first sale date or vintage year.

This real estate pooled investment fund operates under the typical 506(b)/3(c) exemption structure common for institutional or high-net-worth vehicles. The absence of a stated minimum investment combined with only 6 investors and an $82.4M raise suggests large institutional checks averaging approximately $13.7M per investor, placing this in the institutional fund tier rather than retail real estate offerings.

Data Flags

minimum investment$0 stated minimum on an $82.4M raise with only 6 investors suggests institutional-only distribution, but the filing does not formally restrict minimums
investor countOnly 6 investors for $82.4M implies average investment of ~$13.7M per investor, indicating highly concentrated institutional capital base
related personsUnusually large number of directors listed (10 individuals) across multiple Makena entities serving as promoters, suggesting complex governance or multi-entity sponsor structure

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001724905
Entity NameMakena Perpetual Global Real Estate Fund, L.P.
Exemption506(b), 3(c)
First Sale Date—
Filing DateMarch 12, 2020
Accession Number0001724905-20-000003
Total Amount Sold$82M
Total Investors6
Minimum Investment$0 (no stated minimum)
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

N/A Makena Performance Holdings, L.P.

Promoter · Menlo Park, CA

N/A Makena Capital Management (Cayman), LLC

Promoter · Menlo Park, CA

N/A Makena Capital Management GP, LLC

Promoter · Menlo Park, CA

Michael McCaffery

Director · Menlo Park, CA

William Miller

Director · Menlo Park, CA

Lawrence Kochard

Director · Menlo Park, CA

Lara Banks

Director · Menlo Park, CA

William McGrath

Director · Menlo Park, CA

Mike Tremmel

Director · Menlo Park, CA

Brian Rodde

Director · Menlo Park, CA

Luke Proskine

Director · Menlo Park, CA

N/A Makena Capital Management, LLC

Promoter · Menlo Park, CA

Craig Blanchard

Director · Menlo Park, CA

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Claim Profile — FreeGet Verified — $2,400/yr

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.