South Dakota

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

Across the Mount Rushmore State, hedge funds deliver for retirement security, college education, and the important work done by non-profits and charities through $1.6 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:

$1.6 BILLION

Deliver for pensions:

$366 MILLION

Deliver for colleges:

$16 MILLION

Deliver for nonprofits:

$1.2 BILLION

Private credit to business

$320 MILLION

Retirement Plans

Deliver for pensions:

$366 MILLION

AT LEAST 3

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

$137 MILLION for

92,147 plan participants

Monument Health Pension Plan

$25 MILLION for

5,300 plan participants

Colleges & Universities

Deliver for colleges:

$16 MILLION

AT LEAST 4

colleges and universities invest in hedge funds including:
Augustana College

$11 MILLION for

2,295 Students

Dakota Wesleyan University Endowment

$3 MILLION for

904 Students

Northern State University Foundation

$2 MILLION for

3,521 Students

Foundations & Nonprofits

Deliver for nonprofits:

$1.2 BILLION

AT LEAST 2

foundations and nonprofits invest in hedge funds including:
Monument Health Rapid City Hospital

$75 MILLION

Waitt Family Foundation

$55 MILLION

SD-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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