Wafra (Capital Constellation)

Overview

Wafra, the New York-based investment firm owned by Kuwait's Public Institution for Social Security, runs Capital Constellation, a collaborative platform of global asset owners that anchors debut funds and takes minority stakes in emerging alternative managers. Since 2018 Constellation has deployed more than $2B across roughly twenty next-generation firms.

Key facts

• Capital Constellation launched in 2018 with major asset-owner partners
• Deployed $2B+ into minority stakes in ~19 emerging managers
• Pairs permanent GP stakes with anchor fund commitments
• Wafra is backed by Kuwait's Public Institution for Social Security