SEC filing record
Primary Source · SEC.gov

Makena Perpetual Global Real Estate Fund, L.P.

Fund Vehicle2020 vintage506(b), 3(c)

Raised

$82M

Investors

6

Min Invest

None stated

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AltStreet Analysis

·

Generated from EDGAR primary sources

Makena Perpetual Global Real Estate Fund, L.P. is a Delaware limited partnership filing under Rule 506(b) and Section 3(c), having raised $82.4 million from 6 investors as of this amended filing dated March 12, 2020. The fund is managed by Makena Capital Management entities and focuses on global real estate investments. No minimum investment amount was disclosed on this filing.

This global real estate pooled investment vehicle uses the private 506(b) exemption, typical for institutional real estate funds targeting qualified purchasers. The average investor commitment of approximately $13.7 million suggests an institutional investor base, consistent with traditional closed-end real estate fund structures in this category.

Data Flags

generalThis is an amended filing, indicating updates to a previously submitted Form D
first_sale_dateFirst sale date not disclosed on this filing
investor_countOnly 6 investors have committed $82.4M, yielding an average investment of approximately $13.7M per investor, indicating institutional-scale commitments

Critical Disclosures

What the filings and the regulators have said about this entity that a reader should know first. Each line links to its source. The history, the same event across other issuers, and alerts are in the terminal.

Reporting lapsed · Form D · last filing March 12, 2020

Offering declared to continue beyond a year; annual amendment 13+ months overdue An issuer that stops filing is the case the going-concern flag cannot catch: the report that would have carried it was never filed.

Timeline
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EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001724905
Entity NameMakena Perpetual Global Real Estate Fund, L.P.
ExemptionRule 506(b), Section 3(c), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Issuer Address2755 Sand Hill Road, Menlo Park, CA 94025
Phone(650) 926-0510
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypePooled Investment Fund
First Sale Date—
Filing DateMarch 12, 2020
Accession Number0001724905-20-000003
Total Offering AmountIndefinite
Total Amount Sold$82,440,159
Total Investors6
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationIntended to last more than one year
Net Asset Value RangeNot Applicable
State (Issuer Address)CA
Amendment Count4 amendments filed

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

Capital Raise Timeline

5 Form D filings from Dec 29, 2017 to Mar 12, 2020, the latest a D/A.

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Filing events

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Statements extracted

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NAV prints

0

none on file

Offering chains

1

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Related Persons (Form D)

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

Item 3 changed on the Form D filed 2020-03-12: 1 related person added and 0 removed against the filing of 2020-02-04; 13 now listed. The names are in the Terminal feed.

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

Questions About Makena Perpetual Global Real Estate Fund, L.P.

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Makena Perpetual Global Real Estate Fund, L.P.?

Makena Perpetual Global Real Estate Fund, L.P. is a Delaware limited partnership that filed a Form D with the SEC on March 12, 2020 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests. AltStreet links the issuer to Makena Perpetual Global Real Estate Fund, L.P..

Is Makena Perpetual Global Real Estate Fund, L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. Makena Perpetual Global Real Estate Fund, L.P. filed a Form D with the SEC on March 12, 2020 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $82,440,159 sold to 6 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Makena Perpetual Global Real Estate Fund, L.P., which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Makena Perpetual Global Real Estate Fund, L.P. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Makena Perpetual Global Real Estate Fund, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Makena Perpetual Global Real Estate Fund, L.P. raised?

Makena Perpetual Global Real Estate Fund, L.P. reported $82,440,159 sold from 6 investors in an offering of indefinite size as of the Form D filed March 12, 2020.

Who can invest in Makena Perpetual Global Real Estate Fund, L.P.?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in Makena Perpetual Global Real Estate Fund, L.P.?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling Makena Perpetual Global Real Estate Fund, L.P. and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind Makena Perpetual Global Real Estate Fund, L.P.?

The Form D lists 13 related persons: Makena Performance Holdings, L.P., promoter (General Partner to Makena Perpetual Global Real Estate Fund, L.P); Makena Capital Management (Cayman), LLC, promoter (General Partner of Makena Perpetual Global Real Estate Fund (Cayman), L.P); Makena Capital Management GP, LLC, promoter (General Partner of Makena Performance Holdings, L.P., which serves as the General Partner of Makena Perpetual Global Real Estate Fund, L.P); Michael G. McCaffery, director (A Managing Director of Makena Capital Management GP, LLC and Director of Makena Capital Management (Cayman), LLC); William R. Miller, director (A Managing Director of Makena Capital Management GP, LLC and Director of Makena Capital Management (Cayman), LLC); Lawrence R. Kochard, director (A Managing Director of Makena Capital Management GP, LLC and Director of Makena Capital Management (Cayman), LLC); Lara R. Banks, director (A Managing Director of Makena Capital Management GP, LLC and Director of Makena Capital Management (Cayman), LLC); William Leon McGrath, director (A Managing Director of Makena Capital Management GP, LLC and Director of Makena Capital Management (Cayman), LLC), and 5 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Makena Perpetual Global Real Estate Fund, L.P. located?

The issuer's address on its SEC filings is 2755 Sand Hill Road, Menlo Park, CA 94025. Its phone number of record is (650) 926-0510. It is organized under the laws of Delaware.

How long is the Makena Perpetual Global Real Estate Fund, L.P. offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 4 amendments are on record for this CIK.

How large is Makena Perpetual Global Real Estate Fund, L.P.?

The Form D reports an aggregate net asset value range of Not Applicable.

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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. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.