North Carolina
Hedge funds deliver for North Carolina retirees, students, and nonprofits
Across the Tar Heel State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $33.6 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:
$33.6 billion
Delivered for pensions:
$9.8 billion
Delivered for colleges:
$12 billion
Delivered for nonprofits:
$11.8 billion
Private credit to business:
$31.5 billion
GDP generated:
$47.9 billion
Jobs created:
335,174
Retirement plans
Deliver for pensions:
$9.8 billion
At least
12
retirement plans invest in hedge funds including:North Carolina Department of State Treasurer
$2.9 billion
334,993 plan participants
Retirement Plans of Duke University
$446 million
69,741 plan participants
Duke Energy Company Pension Plan
$270 million
20,600 plan participants
Colleges & Universities
Deliver for colleges:
$12 billion
University of North Carolina at Chapel Hill
$5.1 billion
Duke University Endowment
$4 billion
Wake Forest University Endowment
$2.2 billion
Foundations & Nonprofits
Deliver for nonprofits:
$11.8 billion
At least
14
foundations and nonprofits invest in hedge funds including:Duke University Health System
$900 million
Duke Endowment
$744 million
Golden LEAF Foundation
$531 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.
