Makena Capital: Makena Capital closes $100 million investment fund

Menlo Park-based Makena Capital Management closed a new, $100 million investment fund this week, according to a filing with the U.S. Securities and Exchange Commission. The firm did not immediately respond to a request for comment on the newly-formed Makena Strategic Opportunities Fund. Makena was founded in 2005 by Michael McCaffery, who previously led Stanford's multibillion-dollar endowment office. Under his six-year tenure, the school's endowment nearly doubled to $15 billion ( it now stands...