Michigan

Hedge Funds Deliver for Michigan Retirees, Students, and Nonprofits

Across the Great Lakes State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $54.1 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:

$54.1 BILLION

Deliver for pensions:

$31.8 BILLION

Deliver for colleges:

$3.1 BILLION

Deliver for nonprofits:

$19.2 BILLION

Private credit to business

$30.9 BILLION

Retirement Plans

Deliver for pensions:

$31.8 BILLION

AT LEAST 94

retirement plans invest in hedge funds including:
Michigan Department of Treasury

$11.1 BILLION for

39,602 plan participants

Ford Pension Fund (US)

$3.6 BILLION for

47,750 plan participants

FCA Master Retirement Trust

$1.7 BILLION for

95,000 plan participants

Colleges & Universities

Deliver for colleges:

$3.1 BILLION

AT LEAST 19

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

$2.9 BILLION for

66,232 students

Michigan State University Endowment

$104 MILLION for

51,316 students

Kalamazoo College Endowment

$52 MILLION for

1,196 students

Foundations & Nonprofits

Deliver for nonprofits:

$19.2 BILLION

AT LEAST 43

foundations and nonprofits invest in hedge funds including:
W.K. Kellogg Foundation

$1.7 BILLION

Corewell Health

$959 MILLION

Kresge Foundation

$706 MILLION

MI-State-Sheet-MFA-2025.04.23 document preview

Download the state data for Michigan

Download the Report

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.

Read Full Methodology