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New Jersey

Hedge funds deliver for New Jersey retirees, students, and nonprofits

Across the Garden State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $41.2 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.

Total hedge fund investments:

$41.2 billion

Delivered for pensions:

$19.4 billion

Delivered for colleges:

$9.2 billion

Delivered for nonprofits:

$12.6 billion

Private credit to business:

$13.8 billion

GDP generated:

$22.7 billion

Jobs created:

160,301

Retirement plans

Deliver for pensions:

$19.4 billion

At least

56

retirement plans invest in hedge funds including:
Mars Pension Fund

$2.1 billion

15,639 plan participants

NJ Division of Investment

$1.9 billion

438,885 plan participants

Prudential Merged Retirement Plan

$1.8 billion

43,941 plan participants

Colleges & Universities

Deliver for colleges:

$9.2 billion

Princeton University Investment Company

$8.2 billion

Institute for Advanced Study

$669 million

Rutgers University Endowment

$272 million

Foundations & Nonprofits

Deliver for nonprofits:

$12.6 billion

At least

19

foundations and nonprofits invest in hedge funds including:
David Tepper Charitable Foundation

$1.2 million

Bright Horizon Foundation

$176 million

Geraldine R. Dodge Foundation

$164 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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