California
Hedge funds deliver for California retirees, students, and nonprofits
Across the Golden State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $203.7 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.
Total hedge fund investments:
$203.7 billion
Delivered for pensions:
$123 billion
Delivered for colleges:
$8.1 billion
Delivered for nonprofits:
$72.6 billion
Private credit to business:
$124.8 billion
GDP generated:
$184.5 billion
Jobs created:
958,611
Retirement plans
Deliver for pensions:
$123 billion
At least
124
retirement plans invest in hedge funds including:California State Teachers' Retirement System
$29.7 billion
1,040,000 plan participants
Los Angeles County Employees' Retirement Association
$10.77 billion
194,742 plan participants
San Bernardino County Employees' Retirement Association
$5.35 billion
50,060 plan participants
Colleges & Universities
Deliver for colleges:
$8.1 billion
Stanford Management Company
$6.54 billion
Berkeley Endowment Management Company
$685 million
Pomona College Endowment Fund
$512 million
Foundations & Nonprofits
Deliver for nonprofits:
$72.6 billion
At least
90
foundations and nonprofits invest in hedge funds including:Silicon Valley Community Foundation
$3.2 billion
Kaiser Foundation Hospitals
$2.99 billion
Chan Zuckerberg Initiative
$1.79 billion
Methodology
Private credit and hedge fund investment data is primarily sourced and licensed from Preqin's alternative asset database as of February 2026 or from publicly available federal datasets. Private credit GDP and job estimates are calculated using the IMPLAN 2025 Model Year for the United States. Sources for additional information displayed are noted where the data appears.
