North Carolina

Hedge Funds Deliver for North Carolina Retirees, Students, and Nonprofits

Across the Tar Heel State, hedge funds deliver for retirement security, college education, and the important work done by non-profits and charities through $25.6 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:

$25.6 BILLION

Deliver for pensions:

$11.9 BILLION

Deliver for colleges:

$9.3 BILLION

Deliver for nonprofits:

$4.4 BILLION

Private credit to business

$1.6 BILLION

Retirement Plans

Deliver for pensions:

$11.9 BILLION

AT LEAST 16

retirement plans invest in hedge funds including:
North Carolina Department of State Treasurer

$2.2 BILLION for

1,075,731 plan participants

Reynolds American Defined Benefit Master Trust

$868 MILLION for

13,658 plan participants

Charlotte-Mecklenburg Hospital Authority

$385 MILLION for

500 volunteers

Colleges & Universities

Deliver for colleges:

$9.3 BILLION

AT LEAST 16

colleges and universities invest in hedge funds including:
Duke University Endowment

$4.4 BILLION for

17,155 Students

University of North Carolina System

$2.4 BILLION for

31,539 Students

Wake Forest University Endowment

$1.9 BILLION for

8,950 Students

Foundations & Nonprofits

Deliver for nonprofits:

$4.4 BILLION

AT LEAST 15

foundations and nonprofits invest in hedge funds including:
Novant Health

$473 MILLION

Golden LEAF Foundation

$268 MILLION

Foundation for the Carolinas

$183 MILLION

NC, State Sheet, MFA, 2023.03.23 document preview

Download the state data for North Carolina

Download the Report

Unless otherwise noted, all hedge fund investment data is sourced and licensed from Preqin's alternative asset database as of March 2023 or publicly available, federal datasets. Sources for additional information included on this website are noted where the data appears.

Read Full Methodology