Massachusetts

Hedge Funds Deliver for Massachusetts Retirees, Students, and Nonprofits

Across the Bay State, hedge funds deliver for retirement security, college education, and the important work done by non-profits and charities through $89.1 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:

$89.1 BILLION

Deliver for pensions:

$40.7 BILLION

Deliver for colleges:

$32.1 BILLION

Deliver for nonprofits:

$16.4 BILLION

Private credit to business

$20.4 BILLION

Retirement Plans

Deliver for pensions:

$40.7 BILLION

AT LEAST 145

retirement plans invest in hedge funds including:
Massachusetts Pension Reserves Investment Management Board

$7.9 BILLION for

300,000 plan participants

Massachusetts State Retirement Board

$3.3 BILLION for

156,846 plan participants

Massachusetts Teachers Retirement Board

$2.9 BILLION for

161,213 plan participants

Colleges & Universities

Deliver for colleges:

$32.1 BILLION

AT LEAST 36

colleges and universities invest in hedge funds including:
Harvard Management Company

$17.6 BILLION for

23,731 students

Smith College

$1.4 BILLION for

2,926 students

Massachusetts Institute of Technology

$3.8 BILLION for

11,934 students

Foundations & Nonprofits

Deliver for nonprofits:

$16.4 BILLION

AT LEAST 58

foundations and nonprofits invest in hedge funds including:
Beth Israel Medical Center

$1.1 BILLION

Barr Foundation

$783 MILLION

Klarman Family Foundation

$609 MILLION

MA, State Sheet, MFA, 2022.08 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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