Illinois

Hedge Funds Deliver for Illinois Retirees, Students, and Nonprofits

Across the Prairie State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $70.9 Billion in investments. Institutional investors – like pensions, university endowments, and nonprofits – use hedge funds to meet financial obligations, diversify their investment portfolios, and manage risk.

Total hedge fund investments:

$70.9 BILLION

Deliver for pensions:

$26 BILLION

Deliver for colleges:

$4.9 BILLION

Deliver for nonprofits:

$40.1 BILLION

Private credit to business

$32.9 BILLION

Retirement Plans

Deliver for pensions:

$26 BILLION

AT LEAST 131

retirement plans invest in hedge funds including:
Teachers' Retirement System of the State of Illinois

$1.5 BILLION for

456,101 plan participants

Abbott - AbbVie Multiple Employer Pension Plan

$1.2 BILLION for

24,284 plan participants

State Universities Retirement System of Illinois

$1.2 BILLION for

223,813 plan participants

Colleges & Universities

Deliver for colleges:

$4.9 BILLION

AT LEAST 29

colleges and universities invest in hedge funds including:
University of Chicago Endowment

$2.3 BILLION for

15,763 students

Northwestern University Endowment

$2.2 BILLION for

22,801 students

Art Institute of Chicago Endowment

$263 MILLION for

3,401 students

Foundations & Nonprofits

Deliver for nonprofits:

$40.1 BILLION

AT LEAST 84

foundations and nonprofits invest in hedge funds including:
John D. and Catherine T. MacArthur Foundation

$3.2 BILLION

CommonSpirit Health

$2.3 BILLION

Endeavor Health

$1 BILLION

IL-State-Sheet-MFA-2025.04.28 document preview

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Unless otherwise noted, all hedge fund investment data is sourced and licensed from Preqin's alternative asset database as of March 2025 or publicly available, federal datasets. Sources for additional information included on this website are noted where the data appears.

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