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 $8.4 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:

$8.4 BILLION

Deliver for pensions:

$6.7 BILLION

Deliver for colleges:

$329 MILLION

Deliver for nonprofits:

$1.3 BILLION

Retirement Plans

Deliver for pensions:

$6.7 BILLION

AT LEAST 7

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

$3.3 BILLION for

584,996 plan participants

Savannah River Nuclear Solutions Pension

$480 MILLION for

27,216 plan participants

Michelin US Pension Plan

$256 MILLION for

34,118 plan participants

Colleges & Universities

Deliver for colleges:

$329 MILLION

AT LEAST 10

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

$132 MILLION for

2,827 Students

Clemson University Foundation

$120 MILLION for

25,822 Students

Wofford College Endowment

$41 MILLION for

1,667 Students

Foundations & Nonprofits

Deliver for nonprofits:

$1.3 BILLION

AT LEAST 6

foundations and nonprofits invest in hedge funds including:
Medical University of South Carolina Foundation

$99 MILLION

Spartanburg Community Foundation

$37 MILLION

Coastal Community Foundation

$24 MILLION

SC, State Sheet, MFA, 6.24.21 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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