South Carolina
Hedge funds deliver for South Carolina retirees, students, and nonprofits
Across the Palmetto State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $13.4 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:
$13.4 billion
Delivered for pensions:
$8.9 billion
Delivered for colleges:
$405 million
Delivered for nonprofits:
$4.1 billion
Private credit to business:
$6.2 billion
GDP generated:
$9.9 billion
Jobs created:
49,346
Retirement plans
Deliver for pensions:
$8.9 billion
At least
4
retirement plans invest in hedge funds including:South Carolina Retirement Systems
$5 billion
587,070 plan participants
Savannah River Nuclear Solutions Pension
$128 million
15,901 plan participants
Waterfront Employers - ILA Pension Plan
$121 million
2,653 plan participants
Colleges & Universities
Deliver for colleges:
$405 million
Clemson University Foundation
$183 million
Furman University Endowment
$157 million
University of South Carolina System
$65 million
Foundations & Nonprofits
Deliver for nonprofits:
$4.1 billion
At least
6
foundations and nonprofits invest in hedge funds including:Citadel Foundation
$279 million
Medical University of South Carolina Foundation
$104 million
Hollingsworth Funds
$60 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.
