Wafra Inc.

Wafra provides investment advisory and consulting services through pooled investment vehicles, co‑investment vehicles and separately managed accounts to institutional and private investors, including sovereign wealth funds, corporate and public pensions, insurance companies, family offices and endowments. The Brochure also discloses discrete consulting, analytic and non‑discretionary advisory services used primarily by its ultimate owner, the Public Institution for Social Security of Kuwait (PIFSS), and other GCC‑based institutional investors.

The firm pursues two principal investment styles — direct investing and investments in third‑party underlying funds — and focuses on Strategic Partnerships, Real Assets and Infrastructure, and Real Estate, with complementary programs in absolute return strategies and a Shariah‑compliant sukuk fixed‑income strategy. Wafra’s Strategic Partnerships approach explicitly includes minority, structured investments in underlying managers and the selection and diligence of other advisers and managers, and its stated processes include ESG integration and “value creation” initiatives for portfolio companies.

What distinguishes Wafra from many peers is its ownership and alignment with a sovereign investor: Wafra is wholly owned by Wafra InterVest Corporation Ltd., which is ultimately beneficially owned by PIFSS, and the Brochure discloses that PIFSS often invests on preferential terms and participates in governance and side‑letter arrangements. The firm also manages a multi‑billion dollar asset base (disclosed AUM near $29.8 billion as of December 31, 2025) for a concentrated and internationally oriented set of institutional clients, negotiates performance‑based compensation and carried interest arrangements, and discusses allocation, warehousing and co‑investment practices that can differ across client vehicles.