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North Dakota Legacy Fund

Bismarck, ND rio.nd.gov Sovereign wealth fund

About

North Dakota's oil and gas tax savings fund, overseen by the State Investment Board; its in-state program includes the North Dakota Growth Fund, an equity fund run by 50 South Capital.

Kind
Sovereign wealth fund
Assets under management
$15.10B, as of June 30, 2026
Location
Bismarck, ND
Website
rio.nd.gov

Investment funds owned by a national or state government, most of which invest in venture through funds rather than directly. For fund managers, some of the largest LPs there are; for founders, mostly a later-stage investor. All sovereign wealth funds.

Source

  1. rio.nd.gov/in-state-investment-program
  2. rio.nd.gov/investments/legacy-fund

About this data

Compiled by hand from what the organization publishes about itself, linked above. Last checked October 11, 2026. Organizations only: no individuals are listed. A listing is a public record, not a recommendation.