Many hedge fund managers give back to their communities and the world by donating to worthy causes, with some trumpeting their donations and others doing so quietly. We can get an idea about George Loening’s favorite hedge funds by looking at where he invests his foundation’s money.
Where Loening’s foundation invested its money
According to Select Equity Group Foundation’s 2024 990-PF filing, which was filed in April 2025, it invested in a handful of funds, recording capital gains on all of them. All of the funds are operated by Select Equity Group. While the firm operates many other funds, these are the ones Loening invested the foundation’s money with.



