New York
Hedge funds deliver for New York retirees, students, and nonprofits
Across the Empire State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $363.9 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:
$363.9 billion
Delivered for pensions:
$293.9 billion
Delivered for colleges:
$9.4 billion
Delivered for nonprofits:
$60.6 billion
Private credit to business:
$16.6 billion
GDP generated:
$30.3 billion
Jobs created:
217,630
Retirement plans
Deliver for pensions:
$293.9 billion
At least
175
retirement plans invest in hedge funds including:McKinsey Retirement Trust
$12.3 billion
36,077 plan participants
Teachers' Retirement System of the City of New York
$11.3 billion
455,499 plan participants
New York City Employees' Retirement System
$9.3 billion
439,027 plan participants
Colleges & Universities
Deliver for colleges:
$9.4 billion
Columbia University Endowment
$3.9 billion
Cornell University Endowment
$2.3 billion
New York University Endowment
$1.2 billion
Foundations & Nonprofits
Deliver for nonprofits:
$60.6 billion
At least
139
foundations and nonprofits invest in hedge funds including:Simons Foundation
$1.5 billion
Hudson East River Systems
$1.4 billion
Leona M. and Harry B. Helmsley Charitable Trust
$1.2 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.
