Breadcrumb Home INTERACTIVE April 01, 2013 01:00 AM Public funds' hedge fund returns U.S. public pension plans ranked by total hedge fund return for the 12 months ended Dec. 31, 2012. Assets are in millions. Tweet Share Share Email More Reprints Print Pension fundHedge fund portfolio returnHedge fund benchmark returnHedgefundassets% inhedgefunds% infunds offundsHedgefunds asa % of totalassetsMissouri State Employees117.3%11.3%$300100.0% 3.7%Virginia Retirement System 13.4%14.9%$4,600 8.3%Missouri Public School211.6%12.6%$4,261100.0% 14.8%Missouri Public Education311.4%12.6%$445100.0% 14.3%South Carolina Investment Commission 10.4%3.5%$4,77354.8%45.2%17.9%Pennsylvania State Employees 8.6%6.6%$2,000 100.0%7.9%Texas County & District 8.6%4.8%$5,333100.0% 27.0%MassPRIM 8.4%4.8%$4,922 9.5%Illinois Teachers 8.2%4.1%$2,02151.8%48.2%5.3%Texas Teachers48.2%4.8%$4,500100.0% 3.9%Michigan Bureau of Investments 8.1%2.9%$1,98125.0%75.0%3.9%Ohio School Employees 8.0%4.8%$1,538100.0% 14.0%New Jersey Division of Investment 7.7%3.0%$4,060 5.7%New Mexico Public Employees 7.3%6.2%$1,188100.0% 9.6%Missouri State Employees56.5%4.1%$2,20082.0%18.0%27.2%California Public Employees 4.2%5.3%$5,20069.2%30.8%2.1%Wisconsin Investment Board64.1%6.5%$1,400100.0% 1.8%Pennsylvania Public School Employees 3.4%7.5%$5,900100.0% 11.9%Texas Teachers72.3%4.1%$4,100100.0% 3.6%Average 8.3%6.5% 10.1%Notes: 1 MOSERS' directional hedge fund portfolio; 2 An additional $2.026 billion was invested in hedge funds in an alpha overlay portfolio; 3 An additional $198 million was invested in hedge funds in an alpha overlay portfolio; 4 Texas TRS' directional hedge fund portfolio; 5 MOSERS' non-directional hedge fund portfolio; 6 Wisconsin State Board core fund only; 7 Texas TRS' stable value hedge fund portfolio.Source: Pension plan survey responses and plan documents Related Articles Big public pension funds trump hedge fund benchmarks Recommended for You Core real estate fund returns show signs of stabilizing Active U.S. equity funds struggle to consistently outperform benchmarks Endowments and foundations continue favoring alternative assets Sponsored White Papers The State of Lifetime Income Report The Next Wave of LDI Evolution Retirement security to future income wins, TIAA brings you the latest financial… U.S. Public Funds Top Performers: Q2 2024 Generative AI Investing: Opportunities at a Key Tech Inflection Point Research for Institutional Money Management: Advancing Physical Risk Modelling,… View More Sponsored Content Partner Content The Industrialization of ESG Investment For institutional investors, ETFs can make meeting liquidity needs easier Gold: the most effective commodity investment 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios Ten ways retirement plan professionals add value to plan sponsors Gold: an efficient hedge View More
