South Carolina

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

Across the Palmetto State, hedge funds deliver for retirement security, college education, and the important work done by non-profits and charities through $10.5 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:

$10.5 BILLION

Deliver for pensions:

$6.5 BILLION

Deliver for colleges:

$521 MILLION

Deliver for nonprofits:

$3.5 BILLION

Private credit to business

$16.2 BILLION

Retirement Plans

Deliver for pensions:

$6.5 BILLION

AT LEAST 6

retirement plans invest in hedge funds including:
South Carolina Retirement System

$5 BILLION for

535,669 plan participants

Savannah River Nuclear Solutions Pension

$320 MILLION for

16,219 plan participants

Michelin US Pension Plan

$135 MILLION for

18,065 plan participants

Colleges & Universities

Deliver for colleges:

$521 MILLION

AT LEAST 10

colleges and universities invest in hedge funds including:
College of Charleston Foundation

$150 MILLION for

10,885 Students

Clemson University Foundation

$147 MILLION for

28,747 Students

Furman University Endowment

$125 MILLION for

2,500 Students

Foundations & Nonprofits

Deliver for nonprofits:

$3.5 BILLION

AT LEAST 6

foundations and nonprofits invest in hedge funds including:
McLeod Health

$261 MILLION

Medical University of South Carolina Foundation

$98 MILLION

U.S. Endowment for Forestry and Communities

$25 MILLION

SC-State-Sheet-MFA-2024.03.20 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 2023 or publicly available, federal datasets. Sources for additional information included on this website are noted where the data appears.

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