# Albany Med Health System

Albany Med Health System is a Pension Fund based in Albany, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Albany, United States
- **Region:** North America
- **Address:** 43 New Scotland Avenue, Albany, NY, United States
- **Founded:** 1989
- **Assets under management:** 307 (Altss estimate)
- **Website:** albanymed.org
- **LinkedIn:** https://www.linkedin.com/company/albany-medical-center

## Regulatory record

- **Reports private funds:** No

## About

Albany Medical Center Hospital Pension Plan was created in 1989 to serve staff of the Albany Medical Center complex. Daniel T. Pickett III, who also leads Hudson River Capital Holdings, directs the system that houses the plan. The plan remains a private-sector defined-benefit vehicle focused on employee retirement security. The plan holds a 50 percent joint-venture interest in Healthcare Partners of Saratoga, Ltd. and maintains a limited-partner position in an AEW Capital Management real-estate fund. Additional direct holdings include Albany Medical Park South I, LLC and Madison Avenue Services Corporation. Geographic exposure centers on New York State properties, with the main campus at 43 New Scotland Avenue in Albany and outpatient facilities in Clifton Park and Malta. Prime Buchholz acts as investment advisor and KPMG serves as auditor. The system maintains four related foundations that together report roughly $29 million in annual giving capacity. No material operational changes to the pension plan itself have been recorded in the last 24 months. The pension plan sits inside a nonprofit health system rather than operating as a standalone manager or family office, creating a direct link between hospital cash flows and retirement obligations.

## Sectors

- Healthcare
- Real Estate

## People

- Daniel T. Pickett III — President and CEO
- Raimundo C. Archibold Jr. — Chair of the Board of Directors

## Questions

### Who runs investment decisions at Albany Med Health System?

Daniel T. Pickett III, President and CEO, oversees the system that contains the pension plan. Prime Buchholz serves as external investment advisor.

### Does Albany Med Health System participate in fund commitments or only direct deals?

The plan holds both a limited-partner interest in an AEW Capital Management real-estate fund and direct ownership stakes in New York real-estate entities.

### What is Albany Med Health System's known posture on co-investments alongside external GPs?

The plan has recorded one limited-partner commitment to an external real-estate manager and maintains several direct real-estate holdings.

### How is Albany Med Health System related to its foundations?

The system maintains four separate foundations, including the Albany Medical Center Foundation, that support health programs and training.

## Related profiles

- [Grandway Capital](https://altss.com/profile/grandway-capital)
- [Stonehill College](https://altss.com/profile/stonehill-college)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/albany-med-health-system

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology