# Children's Hospital Boston Pension Plan Children's Hospital Boston Pension Plan is a Pension Fund based in Boston, United States. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Boston, United States - **Region:** North America - **Address:** Boston, MA, United States - **Assets under management:** Undisclosed - **Website:** bostonchildrens.org - **LinkedIn:** https://www.linkedin.com/company/bostonchildrenshospital/life ## Regulatory record - **Reports private funds:** No ## About The Children's Hospital Boston Pension Plan is the retirement vehicle for employees of Boston Children's Hospital, a Harvard Medical School teaching affiliate. It does not operate as an autonomous corporate pension fund. Instead, Philip Rotner, the hospital's Chief Investment Officer, manages its assets alongside the hospital's broader endowment pool within a unified investment office. Rotner also serves on the Investment Committee of the Massachusetts Pension Reserves Investment Management (PRIM) Board, linking the plan's governance to the state's $100B-plus public pension system. The plan's investment posture is shaped by its dual identity: a defined-benefit fiduciary and an academic-medical institutional investor. Its real-asset strategy is visible through a partnership with Alexandria Real Estate Equities, a NYSE-listed life-science REIT that co-develops laboratory facilities near the hospital's Longwood Medical Area campus. The portfolio includes the Alexandria Center for Life Science – Fenway at 421 Park Drive. On the alternative-investment side, Director of Investments Alison Svizzero focuses on private equity allocations, though specific fund commitments and portfolio company names remain internal. The plan participates in the Boston Acquisition Fund, a local vehicle that aggregates public and institutional capital for workforce-housing preservation in Boston neighborhoods. The investment team operates from the hospital's Boston headquarters. Kevin B. Churchwell serves as President and CEO, with Doug Vanderslice as System CFO. No separate headcount for the investment office is public. No recent structural change such as a CIO transition or new fund vehicle has been publicly announced. What distinguishes this plan from other hospital-affiliated pension funds is the tight coupling between its real-asset exposure and the hospital's parent operating entity. Rather than investing passively in commingled real estate vehicles, the plan's relationship with Alexandria constitutes a direct, co-located life-science development pipeline. That alignment — retirement capital helping build the physical campus where the hospital's future clinical revenue will be generated — is not typical among single-employer pension plans. Governance flows through Rotner's dual role as internal CIO and PRIM committee member, making the plan simultaneously a hospital fiduciary and a participant in Massachusetts state-level pension policymaking. ## Sectors - Healthcare Services - Real Estate - Life Sciences ## People - Philip Rotner — Chief Investment Officer - Alison Svizzero — Director of Investments - Kevin B. Churchwell — President and CEO - Doug Vanderslice — Executive Vice President and System Chief Financial Officer ## Questions ### Who runs investment decisions at Children's Hospital Boston Pension Plan? Philip Rotner serves as Chief Investment Officer and manages the hospital's endowment and pension assets through a unified investment office. Alison Svizzero is the Director of Investments with a focus on private equity and alternatives. Rotner also sits on the Investment Committee of the Massachusetts PRIM Board, giving the plan a voice in the state's public-pension investment policy. ### How is the pension plan related to Boston Children's Hospital and Harvard Medical School? The plan is the employer-sponsored retirement vehicle for Boston Children's Hospital staff. Because the hospital is the primary pediatric teaching hospital for Harvard Medical School, the investment office operates within an academic-medical ecosystem that influences its real-asset and partnership strategies — such as the co-development deal with Alexandria Real Estate Equities for life-science lab space. ### Does the plan invest directly in real estate? Yes, though not as a standalone LP committing to blind-pool funds. The plan's most visible real-asset exposure comes through a strategic partnership with Alexandria Real Estate Equities, a public life-science REIT. Known holdings include 421 Park Drive, the Alexandria Center for Life Science – Fenway in Boston. The plan also participates in the Boston Acquisition Fund, a mixed-capital vehicle for workforce-housing preservation. ### How is the pension plan governed at the board level? Investment governance sits with Philip Rotner and the investment office, under President and CEO Kevin B. Churchwell and System CFO Doug Vanderslice. Rotner's external role on the Massachusetts PRIM Investment Committee creates an unusual governance bridge: the plan's CIO helps oversee a $100B-plus public pension system while concurrently managing the children's hospital's retirement assets. ## Related profiles - [Children's Home & Aid Society Foundation](https://altss.com/profile/children-s-home-aid-society-foundation) - [Children's Hospital Colorado Foundation](https://altss.com/profile/children-s-hospital-colorado-foundation) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/children-s-hospital-boston-pension-plan Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology