Maine

Hedge Funds Deliver for Maine Retirees, Students, and Nonprofits

Across the Pine Tree State, hedge funds deliver for retirement security, college education, and the important work done by non-profits and charities through $4.5 Billion in investments. Institutional investors – like pensions, university endowments, and non-profits – use hedge funds to meet financial obligations, diversify their investment portfolios, and manage risk.

Total hedge fund investments:

$4.5 BILLION

Deliver for pensions:

$2.2 BILLION

Deliver for colleges:

$960 MILLION

Deliver for nonprofits:

$1.3 BILLION

Retirement Plans

Deliver for pensions:

$2.2 BILLION

AT LEAST 4

retirement plans invest in hedge funds including:
Maine Public Employees' Retirement System

$1.2 BILLION for

7,520 plan participants

Maine Medical Center Pension Plan

$120 MILLION for

7,285 plan participants

Drummond Woodsum & Macmahon PA Profit Sharing Plan

$1 MILLION for

147 plan participants

Colleges & Universities

Deliver for colleges:

$960 MILLION

AT LEAST 4

colleges and universities invest in hedge funds including:
Bowdoin College Endowment

$548 MILLION for

1,835 Students

Colby College Endowment

$192 MILLION for

2,003 Students

Bates College Endowment

$110 MILLION for

1,820 Students

Foundations & Nonprofits

Deliver for nonprofits:

$1.3 BILLION

AT LEAST 7

foundations and nonprofits invest in hedge funds including:
Harold Alfond Foundation

$131 MILLION

Maine Community Foundation

$130 MILLION

MaineHealth

$57 MILLION

Maine, State Sheet, MFA, 6.17.21 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 2021 or publicly available, federal datasets. Sources for additional information included on this website are noted where the data appears.

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