Clients
Wafra serves 106 clients, 77 of them pooled investment vehicles. The average client has about $274 million with the firm.
- Pooled investment vehicles77 clients77%
- Corporations and other businesses29 clients22%
- Sovereign wealth funds and foreign official institutions2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 77 | $22,259,551,742 | 76.6% | $289.1M |
| Sovereign wealth funds and foreign official institutions | Not reported | $437,593,353 | 1.5% | — |
| Corporations and other businesses | 29 | $6,346,061,492 | 21.9% | $218.8M |
| Total | 106 | $29,043,206,587 | 100% | $274.0M |
- Clients
- 77
- Regulatory AUM
- $22,259,551,742
- Share
- 76.6%
- Avg. per client
- $289.1M
- Clients
- Not reported
- Regulatory AUM
- $437,593,353
- Share
- 1.5%
- Avg. per client
- —
- Clients
- 29
- Regulatory AUM
- $6,346,061,492
- Share
- 21.9%
- Avg. per client
- $218.8M
Total
- Clients
- 106
- Regulatory AUM
- $29,043,206,587
- Share
- 100%
- Avg. per client
- $274.0M
What it does
Wafra provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities. It is paid through a percentage of assets, fixed fees, performance-based fees and other arrangements.
Wafra advises 34 private funds.
95.5% of assets ($27.73B across 102 accounts) are managed with discretion; $1.32B across 5 accounts are not. 69% of clients are outside the U.S., and 6 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 91%
- Cash and cash equivalents
- 3%
- Other (Uncalled Commitments and Receivables Due From Investment Funds)
- 7%
Custodians
Wafra’s client accounts are held mainly at Royal Bank of Canada (ci), with 1% of managed assets. Wafra has custody of $3.30B for 9 clients.
- Royal Bank of Canada (ci)Royal Bank of Canada (ci) LTD · ST Peter Port · $357.4M1%
- All other custodians$28.69B99%
Ownership and leadership
Wafra Intervest Corporation LTD. (wic) owns 75% or more of Wafra, and Fergus Healy is its CEO.
- Owns 75% or more of Wafra Inc.
Wafra Intervest Corporation LTD. (wic)
Control person · since July 1984
- Owns 75% or more of Wafra Intervest Corporation LTD. (wic)
The Public Institution for Social Security (pifss)
Control person · since May 2026
- Owns 75% or more of The Public Institution for Social Security (pifss)
Government of Kuwait
Control person · since January 1990
Leadership
- Fergus HealyDirector/Acting Chief Executive Officer/Chief Operating Officer/Senior Managing Director
- Alexander MassimoDirector/Chief Financial Officer/Managing Director
- Michael HenryChief Compliance Officer/Senior Managing Director
- Adel AlderbasDirector/Chief Investment Officer/Senior Managing Director
- Lauren RichDirector/Managing Director
- Richard SafranekDirector/Senior Managing Director
- Jonathan ZangerHead of Tax and Legal/Managing Director
Staff
- 158 employees
- 69 in advisory functions
Reported holdings
Wafra’s reported 13F holdings total $5.88M across 1 positions, and the ten largest make up 100.0% of it.
- $5.88M
- Reported 13F value
- 1
- Positions
- 100.0%
- In the 10 largest
- −1.3%
- Value vs. prior quarter
- Claros Mtg TR Inc.100.0%
Together, the ten largest are 100.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $5.88M is not its $29.04B in regulatory assets and does not represent any individual client's portfolio.
Fees
Wafra is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other.
Wafra’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Wafra has 2 offices, with 2 listed addresses across 2 states.
California · 1 listed address
- 777 Mariners Island BLVD, San Mateo
New York · 1 listed address
- 345 Park Avenue, New YorkHQ
Registration details
- Legal name
- Wafra Inc.
- Headquarters
- 345 Park Avenue, New York, NY 10154-0101
- Phone
- 212-759-3700
- Website
- www.wafra.com
- SEC file
- 801-23491
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Wafra have?
Wafra has 106 clients and manages $29 billion for them, as of June 2026. They include 77 pooled investment vehicles and 29 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 June 2026
What services does Wafra offer?
Wafra provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wafra use?
Wafra’s separately managed account assets are held at Royal Bank of Canada (ci) LTD (ST Peter Port), with $357,404,537. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 June 2026
How many financial advisors does Wafra have?
Wafra has 0 investment adviser representatives registered with state securities authorities, out of 158 employees, and 69 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Wafra invest in?
At the end of its last fiscal year, Wafra’s separately managed accounts held 91% pooled vehicles (private funds and similar), 7% uncalled commitments and receivables due from investment funds and 3% cash and equivalents. It advises 34 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wafra?
Wafra is owned through a chain of holding companies by Government of Kuwait. Its direct owner is Wafra Intervest Corporation LTD. (wic) (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 June 2026
How does Wafra get paid?
Wafra is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file