April 09, 2024
In 2023, a diverse array of pension funds, endowments, and retirement systems embarked on significant investments into hedge funds, reflecting a strategic shift towards alternative investments in pursuit of diversified portfolios and enhanced returns. This list encapsulates a wide spectrum of institutions, from large state retirement systems to smaller county employees' retirement associations and university investment offices, each making calculated moves into the hedge fund space with varying degrees of financial commitment.
Below, we delve into the institution's investing in hedge funds in 2023 in order of investment amount, providing a snapshot of how pension funds and endowments across the United States are positioned themselves in the hedge fund landscape in 2023.
Disclaimer: we cannot guarantee these numbers are 100% complete as investments may have been made that we are unaware of.
AUM: $105,000,000,000
2023 Hedge Fund Investments Total: $1,500,000,000
2023 Number of Hedge Fund Investments: 4
Consultants: Aon, Townsend, Aksia
AUM: $52,000,000,000
2023 Hedge Fund Investments Total: $500,000,000
2023 Number of Hedge Fund Investments: 2
Consultants: RVK, Meketa, Aksia, Townsend, Mercer
AUM: $245,000,000,000
2023 Hedge Fund Investments Total: $473,000,000
2023 Number of Hedge Fund Investments: 3
Consultants: Aon, Mercer, Cambridge, Townsend
AUM: $92,000,000,000
2023 Hedge Fund Investments Total: $450,000,000
2023 Number of Hedge Fund Investments: 2
Consultants: Meketa, Aon, Albourne, Aksia, Meketa
AUM: $16,000,000,000
2023 Hedge Fund Investments Total: $300,000,000
2023 Number of Hedge Fund Investments: 2
Consultants: NEPC, Hamilton Lane
AUM: $6,300,000,000
2023 Hedge Fund Investments Total: $180,000,000
2023 Number of Hedge Fund Investments: 3
Consultants: Cambridge, AndCo
AUM: $18,000,000,000
2023 Hedge Fund Investments Total: $180,000,000
2023 Number of Hedge Fund Investments: 1
Consultants: NEPC, Hamilton Lane
AUM: $104,000,000,000
2023 Hedge Fund Investments Total: $175,000,000
2023 Number of Hedge Fund Investments: 1
Consultants: NEPC, Hamilton Lane, Meketa
AUM: $138,000,000,000
2023 Hedge Fund Investments Total: $150,000,000
2023 Number of Hedge Fund Investments: 1
Consultants: Aon, Meketa, Albourne
AUM: $48,000,000,000
2023 Hedge Fund Investments Total: $125,000,000
2023 Number of Hedge Fund Investments: 1
Consultants: Verus, Aksia, Mercer
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Koncheng Moua is the Director of Data Management and Strategy at Dakota.
