Virginia
Hedge funds deliver for Virginia retirees, students, and nonprofits
Across The Old Dominion State, hedge funds deliver for retirement security, college education, and the important work done by nonprofits and charities through $42.6 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:
$42.6 billion
Delivered for pensions:
$24.2 billion
Delivered for colleges:
$2.3 billion
Delivered for nonprofits:
$16 billion
Private credit to business:
$16.4 billion
GDP generated:
$25.6 billion
Jobs created:
320,899
Retirement plans
Deliver for pensions:
$24.2 billion
At least
39
retirement plans invest in hedge funds including:Virginia Retirement System
$5.7 billion
655,064 plan participants
Boeing Company Pension Fund
$3.6 billion
118,601 plan participants
Fairfax County Employees' Retirement System
$1.5 billion
8,805 plan participants
Colleges & Universities
Deliver for colleges:
$2.3 billion
University of Virginia Investment Management Company
$1.9 billion
George Washington University Endowment
$330 million
Virginia Military Institute Endowment
$38 million
Foundations & Nonprofits
Deliver for nonprofits:
$16 billion
At least
24
foundations and nonprofits invest in hedge funds including:Sentara Health
$1.6 billion
University of Richmond
$1.5 billion
Virginia Commonwealth University
$686 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.
