Hedge funds deliver for Minnesota retirees, students, and nonprofits
Across the North Star State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $30.2 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.
Twin City Hospitals - Minnesota Nurses Association Pension Plan
$903 million
13,092 plan participants
Target Corporation Pension Fund
$776 million
85,402 plan participants
Colleges & Universities
Deliver for colleges:
$779 million
Carleton College Endowment
$264 million
University of Minnesota Endowment - Consolidated Endowment Fund (CEF)
$226 million
St. Olaf College Endowment
$175 million
Foundations & Nonprofits
Deliver for nonprofits:
$13.1 billion
At least
15
foundations and nonprofits invest in hedge funds including:
Saint Paul & Minnesota Community Foundations
$632 million
Gerald and Henrietta Rauenhorst Foundation
$335 million
McKnight Foundation
$207 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.