# Bridger Orthopedics & Sports Medicine Profit Sharing Plan

Bridger Orthopedics & Sports Medicine Profit Sharing Plan is a Pension Fund based in Bozeman, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Bozeman, United States
- **Region:** North America
- **Address:** Bozeman, MT, United States
- **Assets under management:** $33M (Altss estimate)
- **Website:** bridgerorthopedic.com

## Regulatory record

- **Reports private funds:** No

## About

The Bridger Orthopedics & Sports Medicine, P.C. Profit Sharing Plan is the retirement vehicle for the physicians and staff of a Bozeman-based orthopedic practice. The firm, founded by Dr. John Campbell, operates multiple clinics in Gallatin County, including campuses on Ellis Street and Laramie Drive, as well as a Belgrade location. Its partners include board-certified surgeons and maintain clinical affiliations with Bozeman Health, the region's dominant hospital system. The plan is a private-sector, defined-contribution pension, not a family office — its scale and investment activity are tied directly to the practice's profitability and participant headcount. The plan's asset pool, estimated at $33M, is allocated across three primary channels: direct commercial real estate tied to the practice's own clinic facilities, participant loans to plan members, and assets held within an insurance company general account. The real estate exposure is concentrated in the Bozeman metropolitan area, a rapidly growing market in southwestern Montana. The insurance general account typically provides a stable-value or fixed-income return profile, a conservative counterweight to the plan's physically held property. The plan does not appear to invest in publicly traded securities, venture capital, or external private equity funds. The plan's governance is not separately institutionalized; it operates as an extension of the medical practice's administration. Key figures, including Dr. Campbell and advisor William A. The plan's philanthropic linkage runs through the Bozeman Health Foundation, reflecting the practice's community integration. The principals' membership in the American Academy of Anti-Aging Medicine and the Montana Medical Association underscores a professional, rather than investment-industry, orientation. This plan is structurally a captive retirement pool for a single professional practice, not a multi-employer or public fund. Its investment strategy is predominantly self-directed and physically proximate — the plan owns the buildings its participants work in and lends directly to them. This creates a closed-loop capital model where plan assets support both the participants' retirement security and the practice's operational footprint, a structure common among medical groups but rarely visible to outside allocators.

## Sectors

- Real Estate
- Private Credit

## People

- Dr. John Campbell — Founder, Bridger Orthopedics; Co-founder, Synergy Health Partners
- William A. Sanger — Chairman, Synergy Health Partners; Advisor, Bridger Orthopedics
- Dr. Alexander Legrand — Board-certified orthopedic surgeon and partner

## Questions

### Who runs investment decisions for the Bridger Orthopedics Profit Sharing Plan?

Investment governance is not handled by a separate investment committee or external advisor. Dr. John Campbell, the practice's founder, and administrative leadership, including advisor William A. Sanger, are the key decision-makers. The plan's small size and focus on practice-owned real estate and participant loans mean decisions are closely held by the practice's principals.

### Is the plan's capital available for external co-investments?

No. The plan does not operate as a fund or allocator to external GPs. Its assets are deployed into loans to plan participants, real estate occupied by the medical practice, and an insurance company general account. There is no record of commitments to private equity, venture capital, or hedge funds.

### What is the plan's connection to Synergy Health Partners?

William A. Sanger, Chairman of Synergy Health Partners — a firm that develops and manages surgery centers and anesthesia practices — serves as an advisor to Bridger Orthopedics. Dr. John Campbell is a co-founder of Synergy Health Partners. This relationship creates an advisory bridge between the practice and a national healthcare-services platform, though the plan's assets remain self-directed.

### How is the plan's real estate held?

The plan owns commercial properties that house Bridger Orthopedics' clinics in Bozeman and Belgrade, Montana. These are direct holdings, not participations in a real estate fund. The West Bozeman campus at 1450 Ellis Street and the East Bozeman campus at 3400 Laramie Drive are among the identifiable assets.

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Last updated: 2026-08-11T02:43:31.692Z

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