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 $23.1 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:

$23.1 BILLION

Deliver for pensions:

$14.1 BILLION

Deliver for colleges:

$4.5 BILLION

Deliver for nonprofits:

$4.5 BILLION

Retirement Plans

Deliver for pensions:

$14.1 BILLION

AT LEAST 16

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

$3.9 BILLION for

1,144,869 plan participants

Reynolds American Defined Benefit Master Trust

$397 MILLION for

23,261 plan participants

Charlotte-Mecklenburg Hospital Authority

$385 MILLION for

55,000 plan participants

Colleges & Universities

Deliver for colleges:

$4.5 BILLION

AT LEAST 12

colleges and universities invest in hedge funds including:
University of North Carolina System

$1.8 BILLION for

242,464 Students

Wake Forest University Endowment

$1.3 BILLION for

8,495 Students

Duke Endowment

$828 MILLION for

16,766 Students

Foundations & Nonprofits

Deliver for nonprofits:

$4.5 BILLION

AT LEAST 13

foundations and nonprofits invest in hedge funds including:
Novant Health

$420 MILLION

Golden LEAF Foundation

$346 MILLION

Leon Levine Foundation

$189 MILLION

North Carolina, 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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