Pension Fund

Updated:

Bon Secours Mercy Health

Bon Secours Mercy Health was created in 2018 by the merger of Bon Secours Health System and Mercy Health. The combined entity functions as a non-profit...

Bon Secours Mercy Health logo

Bon Secours Mercy Health

Bon Secours Mercy Health was created in 2018 by the merger of Bon Secours Health System and Mercy Health. The combined entity functions as a non-profit Catholic health system with more than 60,000 employees and a primary philanthropic vehicle in the Bon Secours Mercy Health Foundation. The pension portfolio shows an allocation of 33 percent equity mutual and commingled funds, 36 percent fixed income, and 28 percent alternatives. Direct holdings include majority ownership of Nordic Consulting Group through Accrete Health Partners and a 41.4 percent stake in Ensemble Health Partners alongside Golden Gate Capital, Berkshire Partners, and Warburg Pincus. Additional positions exist in Hyro AI, Hellocare.ai, Trek Health, Definity, and Trilliant Health. Geographic exposure centers on the United States with additional activity in the Philippines through a planned tertiary hospital. The firm maintains 60,000 employees and operates additional sites beyond its Cincinnati headquarters. It participates in the Academy for Institutional Investors Spring Academy and the Becker's Healthcare Health IT conference. A 2024 presentation covered ESG and socially responsible investing practices for non-profit health systems. Ownership of operating subsidiaries such as Advantus Health Partners and Conduit Health Partners creates a hybrid structure that combines pension management with control of healthcare services and technology companies.

General information

Firm type

Pension Fund

Year founded

2018

Location

Region

North America

Country

United States

City

Cincinnati

Corporate office

Cincinnati, Ohio 45237, United States

Sector focus

Healthcare ServicesHealthcare Technology

Frequently asked questions

Who runs investment decisions at Bon Secours Mercy Health?

Investment oversight sits with the finance and investment committee of the board. CEO John Starcher participates in governance of related operating companies.

Does Bon Secours Mercy Health participate in fund commitments or only direct deals?

The pension allocation includes alternative investments alongside direct ownership stakes in Nordic Consulting Group and Ensemble Health Partners.

What investment stages does Bon Secours Mercy Health typically target?

Holdings span operating businesses and early-stage healthcare technology companies through its Accrete Health Partners vehicle.

Where does the underlying wealth come from?

Assets derive from the operations of the non-profit health system and its employee pension plan.

How is Bon Secours Mercy Health related to Bon Secours Mercy Ministries?

Bon Secours Mercy Ministries serves as the canonical sponsor and Public Juridic Person overseeing the ministry.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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