# Boca Raton Regional Hospital

Boca Raton Regional Hospital is a Pension Fund based in Boca Raton, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Boca Raton, United States
- **Region:** North America
- **Address:** 800 Meadows Rd, Boca Raton, FL 33486, United States
- **Founded:** 1967
- **Assets under management:** $72 million (Altss estimate)
- **Website:** www.brrh.com

## Regulatory record

- **Reports private funds:** No

## About

Boca Raton Regional Hospital established its employee pension plan in 1967, the year the community hospital itself was founded. The retirement vehicle covers eligible employees of the Florida nonprofit, which in 2019 merged into Baptist Health South Florida, the region's largest healthcare system. The plan's named administrator is Matthew Arsenault, while the hospital's broader operations sit under CEO Lincoln Mendez and Board Chair Christine E. Lynn, a prominent local philanthropist whose name fronts the hospital's foundation. Strategy spans buyout, early-stage venture, expansion-stage capital, fund-of-funds, secondaries, and special situations — a spread wider than typical for a small pension plan. Deployment focuses on external fund commitments across these private-market strategies. The plan's investment posture sits adjacent to a hospital campus that has undergone aggressive physical expansion through philanthropy. Donors including Bernie and Billi Marcus, Rob and Pamela Sands, and Toby and Leon Cooperman have contributed to named facilities on the 800 Meadows Road campus. The Marcus Foundation committed over $75 million; the Coopermans gave to the Medical Arts Pavilion. Total plan assets are estimated at $72 million, a figure that has not been publicly disclosed by the institution. The hospital's physical plant includes the Gloria Drummond Patient Tower, the Schmidt Family Parking Facility, and a Central Energy Plant. The organization maintains a consortium partnership with Florida Atlantic University's Schmidt College of Medicine for graduate medical education. No dedicated investment staff is publicly identified beyond the plan administrator role. The plan's structural position reflects a broader tension in US hospital pensions: a mid-sized legacy defined-benefit pool now embedded inside a consolidated nonprofit health system with a more complex balance sheet. Baptist Health's parent relationship introduces scale economics but no outward sign of pooling assets across entity lines. The Boca campus's ongoing donor-funded real estate development — a separate capital stack entirely — runs parallel to the pension's fund-level private-markets program, creating a dual deployment footprint that few peer hospital plans share.

## Sectors

- Healthcare Services
- Real Estate

## People

- Matthew Arsenault — Plan Administrator
- Lincoln Mendez — CEO
- Christine E. Lynn — Board Chair

## Questions

### How is the pension plan invested?

The plan allocates across buyout, early-stage venture, expansion-stage capital, fund-of-funds, secondaries, and special situations strategies. It does not publicly disclose specific fund commitments or direct co-investments. The estimated plan size is $72 million, placing it among the smaller institutional pools deploying across private markets.

### What is the relationship between the hospital's physical campus and its pension plan?

The two are separate capital stacks. The campus expansion — including the Gloria Drummond Patient Tower and the Cooperman Medical Arts Pavilion — is funded by philanthropic donors, not by pension plan assets. Donors include the Marcus Foundation, the Sands Family Foundation, and the Coopermans. The pension plan invests exclusively in external fund commitments.

### How did the 2019 Baptist Health merger affect the pension plan?

Boca Raton Regional Hospital merged into Baptist Health South Florida in 2019, becoming part of a system with over a dozen hospitals. There is no public evidence that the pension plan was merged, transferred, or pooled with Baptist Health's retirement assets. The plan continues to be administered independently under the Boca entity.

### What stage of venture capital does the plan target?

The plan's venture exposure spans seed, start-up, and early-stage through expansion and late-stage strategies. Allocations are made through external fund commitments. The plan does not publicly list fund managers or direct portfolio company names.

### Is the plan open to new employees or closed?

The defined-benefit plan continues to cover eligible Boca Raton Regional Hospital employees, providing retirement, disability, and death benefits. No public freeze announcement has been made. The hospital's total employee count and participation rate are not publicly reported.

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- [Big Shoulders Fund](https://altss.com/profile/big-shoulders-fund)
- [C.E. and S. Foundation](https://altss.com/profile/c-e-and-s-foundation-inc)

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

Canonical page: https://altss.com/profile/boca-raton-regional-hospital

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