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Wafra's Overview

Total employees487
HeadquartersNew York
Founded1985

Wafra is a global alternative investment manager that offers a diverse range of investment strategies across various asset classes. Established in 1985 and wholly owned by the Public Institution for Social Security of Kuwait (PIFSS), Wafra aims to provide long-term, sustainable growth for its primarily institutional client base. The firm manages and has commitments to approximately $32 billion in assets (as of late 2023). Wafra's investment expertise spans real assets (including infrastructure and timberland), real estate, private equity, liquid markets, and strategic partnerships. Their approach emphasizes disciplined investment processes, rigorous risk management, and fostering long-term relationships to achieve consistent returns and value creation for investors.

Where is Wafra's Headquarters?

Wafra officeWafra officeWafra officeWafra office
*Images sourced via web search. Rights belong to original owners

HQ Function

The New York headquarters serves as the central hub for Wafra's global investment management operations, strategy development, corporate governance, and client relations.

Notable Features:

Wafra's headquarters is located in the iconic 'Lipstick Building' (885 Third Avenue), renowned for its distinctive elliptical shape and rose-colored granite facade, designed by Philip Johnson and John Burgee.

Work Culture:

The work culture at Wafra's headquarters is characterized by professionalism, analytical rigor, and a collaborative environment, typical of a leading investment management firm. There's a strong emphasis on expertise, innovation, and achieving results for clients.

HQ Significance:

Its prime location in New York City, a global financial epicenter, provides Wafra with unparalleled access to markets, talent, industry networks, and deal flow, which is crucial for its international investment activities.

Values Reflected in HQ: Professionalism, stability, global connectivity, and a commitment to excellence, reflected by its presence in a landmark New York City financial district building.

Location:

Wafra supports its global investment strategies across diverse asset classes—including real assets, real estate, private equity, and liquid markets—through its strategically located offices in New York, London, and Kuwait. This international footprint enables Wafra to conduct on-the-ground market intelligence, source unique investment opportunities, manage assets effectively, and maintain strong client relationships in key financial hubs and regions worldwide.

Street Address:

885 Third Avenue, 33rd Floor

City:

New York

State/Province:

NY

Country:

USA

Wafra's Global Presence

London, United Kingdom

Address: Wafra Capital Partners UK Limited, 5th Floor, 100 Pall Mall, St. James's, London SW1Y 5NQ, United Kingdom

To originate and manage investments across Europe, foster relationships with European institutional investors, and monitor regional market dynamics.

Kuwait City, Kuwait

Address: Wafra InterVest Corp., KIPCO Tower, 42nd Floor, Khaled Ben Alwaleed Street, Sharq, Kuwait City, Kuwait

To maintain close ties with its primary stakeholder, facilitate investment strategies relevant to the MENA region, and manage regional client relationships.

Buying Intent Signals for Wafra

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Wafra

As of April 2025, Wafra' leadership includes:

Fawaz Al-Mubaraki - Chief Executive Officer
Russell Valdez - Chief Investment Officer
Adel Alderbas - Chief Investment Officer, Real Assets
Edward Ryan - Chief Financial Officer
Steve Compass - Chief Operating Officer
Patty Lee - General Counsel & Chief Compliance Officer
Sami Sesostris - Global Head of Distribution & Client Relations
Karen Grieve - Head of Human Capital

Investors of Wafra

Wafra has been backed by several prominent investors over the years, including:

Public Institution for Social Security of Kuwait (PIFSS)

Executive New Hires/Exits in the Last 12 Months

Hire4
Exits0

Wafra has actively strengthened its leadership and investment teams over the past 12 months with several key appointments at the Managing Director level and in crucial technology and investment roles. No major publicly announced executive departures have been noted in the same period.

New Appointments:

Ted Gorter, Ted Gorter appointed as Chief Technology Officer to oversee Wafra's technology platform and strategy.
Cleo Chang, Cleo Chang joined Wafra as Managing Director, Head of Fixed Income and Absolute Return, to lead strategies in these areas.
Daniel P. Leger, Daniel P. Leger appointed as Managing Director in Wafra's Strategic Partnerships Platform (SPP).
Ghada F. Wahwa, Ghada F. Wahwa appointed as a Managing Director in Wafra's Capital Solutions division.

Technology (Tech Stack) used by Wafra

Discover the tools Wafra uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Wafra Email Formats and Examples

Wafra's email format most commonly utilizes the first initial followed by the last name. Other standard corporate formats might also be in use, but this is the predominant pattern observed.

flast@wafra.com

Format

jdoe@wafra.com

Example

85%

Success rate

News and media

Business WireDecember 5, 2023

Wafra and NOVA Infrastructure Announce Strategic Partnership

Wafra Inc. and NOVA Infrastructure announced the formation of a new strategic partnership focused on value-add transportation and energy transition investments in North America. Wafra will make a $250 million capital commitment to the partnership....more

PR NewswireSeptember 12, 2023

Wafra Appoints Ted Gorter as Chief Technology Officer

Wafra Inc. announced that Ted Gorter has joined the firm as Chief Technology Officer. Mr. Gorter will oversee Wafra's technology platform and strategy, focusing on enhancing operational efficiency and data analytics capabilities....more

PR NewswireSeptember 7, 2023

Wafra Appoints Cleo Chang as Managing Director, Head of Fixed Income and Absolute Return

Wafra Inc. announced that Cleo Chang has joined the firm as a Managing Director and Head of Fixed Income and Absolute Return. Ms. Chang will be responsible for leading Wafra's strategies in these areas....more

Wafra Press ReleaseMay 16, 2023

Wafra Appoints Daniel P. Leger as Managing Director in the Strategic Partnerships Platform

Wafra Inc. announced that Daniel P. Leger has joined the firm as a Managing Director in its Strategic Partnerships Platform (SPP). Mr. Leger will focus on originating, underwriting, and managing direct equity and structured equity investments....more

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