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 nonprofits and charities through $1.8 Billion in investments. Institutional investors – like pensions, university endowments, and nonprofits – use hedge funds to meet financial obligations, diversify their investment portfolios, and manage risk.

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Total hedge fund investments:

$1.8 BILLION

Deliver for pensions:

$395 MILLION

Deliver for colleges:

$16 MILLION

Deliver for nonprofits:

$1.4 BILLION

Private credit to business

$409 MILLION

Retirement Plans

Deliver for pensions:

$395 MILLION

AT LEAST 3

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

$149 MILLION for

93,860 plan participants

Monument Health Pension Plan

$34 MILLION for

4,594 plan participants

City of Sioux Falls Pension and Health Care Trust Funds

$6 MILLION for

1,784 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

2,484 students

Dakota Wesleyan University Endowment

$3 MILLION for

1,008 students

Northern State University Foundation

$2 MILLION for

3,521 students

Foundations & Nonprofits

Deliver for nonprofits:

$1.4 BILLION

AT LEAST 2

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

$75 MILLION

Waitt Foundation

$43 MILLION

SD-State-Sheet-MFA-2025.04.23 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 2025 or publicly available, federal datasets. Sources for additional information included on this website are noted where the data appears.

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