Pennsylvania
Hedge funds deliver for Pennsylvania retirees, students, and nonprofits
Across the Keystone State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $47.6 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:
$47.6 billion
Delivered for pensions:
$16.7 billion
Delivered for colleges:
$2.6 billion
Delivered for nonprofits:
$28.4 billion
Private credit to business:
$2.7 billion
GDP generated:
$42.4 billion
Jobs created:
312,984
Retirement plans
Deliver for pensions:
$16.7 billion
At least
76
retirement plans invest in hedge funds including:Pennsylvania Public School Employees' Retirement System
$1.5 billion
535879 plan participants
National Elevator Industry Pension Plan
$1 billion
51,984 plan participants
Philadelphia Board of Pensions & Retirement
$716 million
242,164 plan participants
Colleges & Universities
Deliver for colleges:
$2.6 billion
Pennsylvania State University Long Term Investment Pool
$1 billion
University of Pittsburgh Endowment
$639 million
Carnegie Mellon University Endowment Fund
$495 million
Foundations & Nonprofits
Deliver for nonprofits:
$28.4 billion
At least
39
foundations and nonprofits invest in hedge funds including:John Templeton Foundation
$1.8 billion
Heinz Endowments
$712 million
Richard King Mellon Foundation
$418 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.
