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North Dakota

Hedge funds deliver for North Dakota retirees, students, and nonprofits

Across the Peace Garden State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $2.3 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:

$2.3 billion

Delivered for pensions:

$1.3 billion

Delivered for colleges:

$111 million

Delivered for nonprofits:

$896 million

GDP generated:

$489 million

Jobs created:

2,803

Retirement plans

Deliver for pensions:

$1.3 billion

At least

1

retirement plans invest in hedge funds including:
North Dakota State Investment Board

$785 million

60,098 plan participants

Colleges & Universities

Deliver for colleges:

$111 million

North Dakota State University Development Foundation

$64 million

University of North Dakota Foundation

$47 million

Foundations & Nonprofits

Deliver for nonprofits:

$896 million

At least

2

foundations and nonprofits invest in hedge funds including:
Dakota Medical Foundation

$11 million

Dakota Medical Charities

$64 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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