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Indiana

Hedge funds deliver for Indiana retirees, students, and nonprofits

Across the Hoosier State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $29 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:

$29 billion

Delivered for pensions:

$19.7 billion

Delivered for colleges:

$632 million

Delivered for nonprofits:

$8.7 billion

Private credit to business:

$7.1 billion

GDP generated:

$12.9 billion

Jobs created:

93,557

Retirement plans

Deliver for pensions:

$19.7 billion

At least

17

retirement plans invest in hedge funds including:
Indiana Public Retirement System

$12.7 billion

258,858 plan participants

Lilly Retirement Plan Master Trust

$3.9 billion

48,150 plan participants

Indiana Laborers Pension Fund

$188 million

28,651 plan participants

Colleges & Universities

Deliver for colleges:

$632 million

Purdue University Investment Fund

$415 million

Indiana University Foundation

$115 million

Earlham College Endowment

$97 million

Foundations & Nonprofits

Deliver for nonprofits:

$8.7 billion

At least

15

foundations and nonprofits invest in hedge funds including:
Purdue Research Foundation

$375 million

Strada Education Network

$102 million

Richard M. Fairbanks Foundation

$64 million

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.

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