Capital Constellation

About The Fund

Capital Constellation is a collaborative investment platform focusing on providing growth capital and strategic support to the next generation of private alternative asset management firms. This platform operates under a fund of funds model, investing in newly emerging managers across various sectors, including FinTech & Financial Services, and Oil & Gas & Mining industries. Initiated by prominent institutional investors including Alaska Permanent Fund Corp, the Public Institution for Social Security of Kuwait, RPMI Railpen, and managed by Wafra Inc, Capital Constellation seeks to identify promising alternative asset management firms and support the investor entrepreneurs behind them. Through direct investments in these management businesses, they offer both capital and the expansive global network of their institutional partners, targeting both growth-stage and established firms to foster long-term growth and alignment of interests. For over a decade, Wafra has been acquiring ownership stakes in alternative investment firms, utilizing its deep sector knowledge and network to generate multiple sources of value for asset owners. The Capital Constellation platform boasts a strategic accelerator capital to embed strategic added value in these firms, comprising a network of asset owners who collectively manage over $1 trillion in AUM. The partners within the platform include Alaska Permanent Fund Corporation, New York State Common Retirement Fund, Public Institution for Social Security of Kuwait, Railpen, Kuwait Investment Authority, and others. They're dedicated to providing financial solutions and strategic value for alternative asset management firms, creating a diversified portfolio of ownership interests in investment management firms, while ensuring aligned and substantial benefits for its members and the asset managers they support. Overall, Capital Constellation presents itself as a peer partnership network with a long-term perspective, facilitating enduring relationships between investors and located managers, establishing a strong foundation for mutual success.