Maine
Hedge funds deliver for Maine retirees, students, and nonprofits
Across the Pine Tree State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $5.5 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:
$5.5 billion
Delivered for pensions:
$2.9 billion
Delivered for colleges:
$140 million
Delivered for nonprofits:
$2.5 billion
Private credit to business:
$457 million
GDP generated:
$928 million
Jobs created:
10,428
Retirement plans
Deliver for pensions:
$2.9 billion
At least
4
retirement plans invest in hedge funds including:Maine Public Employees' Retirement System
$1.4 billion
128,666 plan participants
Unum Provident Corporation Pension Plan
$306 million
18,463 plan participants
Maine Medical Center Pension Plan
$188 million
6,516 plan participants
Colleges & Universities
Deliver for colleges:
$140 million
Bates College Endowment
$111 million
University of Maine System Managed Investment Pool
$29 million
Foundations & Nonprofits
Deliver for nonprofits:
$2.5 billion
At least
7
foundations and nonprofits invest in hedge funds including:Harold Alfond Foundation
$198 million
MaineHealth
$113 million
Maine Community Foundation
$107 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.
