South Dakota
Hedge funds deliver for South Dakota retirees, students, and nonprofits
Across the Mount Rushmore State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $2.6 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:
$2.6 billion
Delivered for pensions:
$829 million
Delivered for colleges:
$5 million
Delivered for nonprofits:
$1.7 billion
Private credit to business:
$375 million
GDP generated:
$911 million
Jobs created:
4,695
Retirement plans
Deliver for pensions:
$829 million
At least
3
retirement plans invest in hedge funds including:South Dakota Retirement System
$146 million
104,464 plan participants
Monument Health Pension Plan
$39 million
4,379 plan participants
City of Sioux Falls Pension and Health Care Trust Funds
$26 million
1,313 plan participants
Colleges & Universities
Deliver for colleges:
$5 million
University of South Dakota Foundation
$2 million
Augustana University
$2 million
Foundations & Nonprofits
Deliver for nonprofits:
$1.7 billion
At least
1
foundations and nonprofits invest in hedge funds including:Waitt Foundation
$44 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.
