By investment mandate

Private Equity Investors in Minnesota

17 institutional investors headquartered in Minnesota allocate to private equity. The largest is Minnesota State Board of Investment at $130B. Each profile links to its full asset-class mix and headquarters.

17Investors
$347BCombined reported AUM
$8BMedian reported AUM
$130BLargest (Minnesota State Board of Investment)

16 of 17 report assets under management. Figures below reflect each investor's latest disclosure.

AUM figures reflect each investor's latest reported disclosure (2023 to 2024), shown per row. Updated as the directory is corrected and expanded.

M Minnesota State Board of Investment Pension Fund St. Paul, Minnesota $130Bas of 2024-06-30 S Securian Financial Group Insurance Investor Saint Paul, Minnesota $55Bas of 2024-12-31 C Cargill-MacMillan Family Family Office Minnetonka, Minnesota $50Bas of 2024-12-31 P Public Employees Retirement Association of Minnesota Pension Fund Saint Paul, Minnesota $30Bas of 2024-06-30 T Teachers Retirement Association of Minnesota Pension Fund Saint Paul, Minnesota $25Bas of 2024-06-30 3 3M Company Pension Plan Pension Fund Saint Paul, Minnesota $15Bas of 2024-12-31 M Mayo Clinic Foundation Rochester, Minnesota $15Bas of 2024-12-31 M Medtronic Pension Plans Pension Fund Minneapolis, Minnesota $12Bas of 2024-12-31 U University of Minnesota Endowment Endowment Minneapolis, Minnesota $4Bas of 2024-06-30 M Margaret A. Cargill Philanthropies Foundation Eden Prairie, Minnesota $3Bas of 2023-12-31 M Minneapolis Employees Retirement Fund Pension Fund Minneapolis, Minnesota $2Bas of 2024-06-30 S St. Paul Teachers' Retirement Fund Association Pension Fund St. Paul, Minnesota $2Bas of 2024-06-30 B Bush Foundation Foundation Saint Paul, Minnesota $1Bas of 2023-12-31 C Carleton College Endowment Endowment Northfield, Minnesota $1Bas of 2024-06-30 M Macalester College Endowment Endowment Saint Paul, Minnesota $900Mas of 2024-06-30 S St. Olaf College Endowment Endowment Northfield, Minnesota $500Mas of 2024-06-30 M Minnesota State Retirement System Pension Fund St. Paul, Minnesota Undisclosed

Beyond the public profile

This list shows reported AUM, strategy, and headquarters. PipelineRoad members get the part that wins mandates: verified decision-maker contacts, current allocation mandates, and live activity signals for these allocators, matched to a fund's thesis.

Frequently asked questions

How many private equity investors are based in Minnesota?

PipelineRoad tracks 17 institutional investors headquartered in Minnesota that allocate to private equity.

Which is the largest private equity investor in Minnesota?

Minnesota State Board of Investment, a pension fund, is the largest with $130B in reported AUM.

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