Ascension Healthcare

Ascension Healthcare

Ascension Healthcare operates the single-employer corporate pension plan for the Ascension healthcare system. The plan was established to manage retirement assets for system employees. Its headquarters sit in St. Louis. The plan allocates across public equities, direct real estate holdings, and venture investments. Confirmed holdings include positions in Phreesia, Elation Health, RefleXion, United Surgical Partners International, and Tembo Money through Ascension Ventures. Public equity filings list NVIDIA, Microsoft, Apple, and Applied Materials among top positions. The portfolio spans the United States and the United Kingdom. The plan reports $7.3 billion in assets under management. It maintains two philanthropic vehicles, Ascension Foundation and Ascension Seton Foundation, both focused on health initiatives in the United States. In January 2024 the organization sponsored the Ascension Clinical Symposium in St. Louis. The plan executes investments through Ascension Ventures, a dedicated vehicle that takes ownership stakes alongside external partners such as TowerBrook Capital Partners.