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Barts Charity
Barts Charity traces its roots to the historic St Bartholomew's Hospital and operates as East London's dedicated healthcare charity. Fiona Miller Smith leads...
Barts Charity
Barts Charity traces its roots to the historic St Bartholomew's Hospital and operates as East London's dedicated healthcare charity. Fiona Miller Smith leads day-to-day operations while Steve Bonnard chairs the board. The endowment supports medical research and capital projects at partner institutions. The charity allocates 16.73 percent of assets to private equity with a target of 14.15 percent. Confirmed holdings include a commitment to Hg Genesis 11 and a broader private equity and venture capital portfolio focused on life sciences. It also holds a Central London Office Portfolio valued at $97.5 million and maintains a heritage art collection estimated at $21.58 million. Geographic exposure centers on the United Kingdom with additional positions across Europe. The organization employs 63 professionals and retains Mercer as financial investment advisor and Mayfair Capital as strategic property adviser. It maintains membership in the Association of Medical Research Charities. In 2023 it sponsored the Barts 900 Campaign marking the 900th anniversary of St Bartholomew's Hospital. Barts Charity functions as both grant-maker and direct asset owner, with its endowment legally bound to benefit Barts Health NHS Trust and Queen Mary University of London rather than external limited partners.
General information
Firm type
Endowment / Foundation
Year founded
2010
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
Ground Floor 12 Cock Lane, London, EC1A 9BU, United Kingdom
Principals
Fiona Miller Smith
CEO
Steve Bonnard
Board Chair
Sector focus
Frequently asked questions
Who runs investment decisions at Barts Charity?
Fiona Miller Smith serves as CEO and Steve Bonnard chairs the board. Mercer acts as financial investment advisor since 2021.
Does Barts Charity participate in fund commitments or only direct deals?
The charity holds both fund commitments such as Hg Genesis 11 and direct real estate assets including the Central London Office Portfolio.
Where does the underlying wealth come from?
The endowment originates from historic hospital assets and ongoing philanthropic contributions rather than a single family source.
What is Barts Charity's known posture on co-investments alongside external GPs?
The charity invests through limited partnership vehicles in private equity and maintains direct holdings without disclosed co-investment programs.
How is Barts Charity related to Barts Health NHS Trust?
Barts Health NHS Trust serves as the primary healthcare partner and beneficiary of grant funding from the charity.
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