Capital Constellation overview
Stories about Capital Constellation

Wafra adviser seeks up to $1.2bn for debut GP stakes fund – updated
Founding investors in Collective Global include the Orange County Employees Retirement System and the City of San Jose Retirement System.

Capital Constellation reaches final close on $1.5bn fund
Constellation Generation IV targets growth equity for private alternative asset management firms.

KIA and AP3 join emerging manager-focused LP group
The Kuwaiti and Swedish investors bring the combined funds of Capital Constellation – which launched last year as a partnership between three LPs – to $1bn.
Capital Constellation contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
Job titleChief Financial Officer | LocationNew York, United States | Email | |
Job titleSenior Managing Director | LocationNew York, United States | Email | |
Job titleManaging Director and Head of Real Assets and Infrastructure | LocationNew York, United States | Email | |
Job titlePresident | LocationNew York, United States | Email | |
Capital Constellation funds managed
Closed funds: 4
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateJul 2026 | Strategy | |
Fund size | Close dateNov 2022 | Strategy | |
Fund size | Close dateAug 2022 | Strategy | |
Stories that mention Capital Constellation
Wafra CIO: GP stakes in Europe is an educational process
LPs want exposure to the mid-market, where there is differentiated alpha with many levers and ways to win, Adel Alderbas tells Private Equity International.
Wafra: Underpinning emerging GPs’ growth
Next-generation managers may be an acquired taste for asset owners, but the potential for alignment can create attractive GP opportunities, according to Wafra’s Adel Alderbas and Gustavo Cardenas.
GP stakes: Are LPs in or out?
While the number of LPs looking to back GP stakes funds remains consistent with prior years, the majority have no plans to invest in these vehicles.
Turning an oil tanker: Alaska Perm tackles its private equity allocation
Allen Waldrop, director of private equity at Alaska Permanent Fund Corporation, has been tasked with optimising the institution's exposure to PE.
AP3, Wafra to establish $1bn co-investment platform
Covalent, and which aims to pool LP resources, will focus on mid-market buyouts and growth equity financings in North America and Europe, according to Wafra's Steve Moseley and AP3's Henrik Nordlander.
GP stakes: a de-risked route into VC? – updated
A firm launched this week with the backing of US pension funds represents a new breed of fund of firms vehicles.
Wafra and Investcorp buy GP stake in UK-headquartered MML Capital
The pair are taking equal stakes in the mid-market-focused investment firm in a Houlihan Lokey-advised transaction.
Side Letter: Apollo's time to shine; Wafra's PE departure; Ashton Kutcher's close
Apollo's next mega-fund looks to be coming at the best possible moment. Plus: a senior executive has left Wafra and Japan's Advantage Partners has raised a new buyout fund. Here’s today's brief, for our valued subscribers only.