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Cincinnati Children's Hospital Medical Center Retirement Plan
The Cincinnati Children's Hospital Medical Center Retirement Plan operates as the defined-benefit pension vehicle for one of the country's preeminent pediatric...
Cincinnati Children's Hospital Medical Center Retirement Plan
The Cincinnati Children's Hospital Medical Center Retirement Plan operates as the defined-benefit pension vehicle for one of the country's preeminent pediatric research and teaching hospitals. The plan sits within a financial governance structure chaired by Felicia Williams, who leads the audit, finance, and investment committees, while President and CEO Steve Davis and CFO Paul Jenny provide executive oversight. The hospital itself, anchored in Cincinnati, is a major regional employer and driver of economic development, with its leadership serving on the boards of REDI Cincinnati and ArtsWave's investment committee. The plan's investment strategy centers on private equity buyout commitments, reflecting a straightforward allocation model typical of mid-sized corporate pension funds with long-duration liabilities. While the precise asset-class mix is not publicly detailed, the strategy tag set indicates a focused deployment into buyout funds. No direct co-investments or separate accounts are confirmed. The fund does not publicly disclose its manager roster or specific partnership interests, but its investment committee operates with the fiduciary rigor expected of a plan tied to a major healthcare institution. Team composition and total deployment are not publicly reported. The investment function appears to draw on internal finance talent, with portfolio manager Evan Meyer identified among the staff. The hospital maintains an adjacent mission-aligned vehicle, the Cincinnati Children's Impact Investment Fund (CCIIF), which channels capital into regional economic and community health initiatives — a structure that sits alongside the retirement plan's purely fiduciary mandate. This dual-track approach allows the institution to separate its pension obligations from its philanthropic and community-investment goals. The plan's defining structural feature is its institutional context: it is the retirement plan for a single, large, non-profit academic medical center, not a state-wide or multi-employer system. That means its governance is compact, its liability profile is tied to hospital employment trends, and its investment committee is populated by senior hospital executives and trustees rather than career pension administrators. This creates a governance model where healthcare operating knowledge potentially informs investment oversight in ways uncommon among generic corporate plans.
General information
Firm type
Pension Fund
Year founded
1883
Location
Region
North America
Country
United States
City
Cincinnati
Corporate office
Cincinnati, OH, United States
Principals
Steve Davis
President and CEO
Paul Jenny
Senior Vice President and Chief Financial Officer
Felicia Williams
Chair of the Audit, Finance, and Investment Committees
Evan Meyer
Portfolio Manager
David P. Williams
Trustee and Chairman
Sector focus
Frequently asked questions
Who runs investment decisions for the Cincinnati Children's Hospital Medical Center Retirement Plan?
Investment oversight is led by Felicia Williams, who chairs the Audit, Finance, and Investment Committees for the hospital. Executive leadership — including President and CEO Steve Davis and CFO Paul Jenny — participates in the governance process. Portfolio manager Evan Meyer is identified among the internal investment staff. The plan's committee structure means investment decisions are made collectively by hospital-affiliated fiduciaries rather than by a single CIO.
What investment strategy does the plan pursue?
The plan is tagged as deploying into private equity buyout strategies. This suggests a focused commitment to buyout funds, consistent with a mid-sized pension fund seeking equity-like returns to meet long-duration obligations. The plan does not publicly disclose a full asset-class breakdown, so the total allocation to private equity versus public markets or fixed income is not known.
How is the retirement plan related to the Cincinnati Children's Impact Investment Fund?
The Cincinnati Children's Impact Investment Fund (CCIIF) is a separate, mission-aligned vehicle that channels capital into regional economic and community health initiatives. It is not part of the retirement plan itself. The retirement plan adheres to a purely fiduciary mandate for pension beneficiaries, while the CCIIF operates with a community-development focus — a deliberate structural separation between pension assets and philanthropic investing.
Does the plan participate in direct co-investments or only fund commitments?
The available strategy tags indicate a buyout fund-of-funds or primary fund commitment approach. There is no public evidence of direct co-investment activity, separate accounts, or club deals. The plan appears to allocate through traditional limited-partner commitments to private equity managers, though specific managers and partnership sizes are not disclosed.
What is the plan's known posture on co-investments alongside external GPs?
There is no public record of the plan engaging in direct co-investments alongside general partners. The investment strategy tags point exclusively to buyout fund commitments. Without disclosed manager relationships or co-investment programs, the plan's posture is best described as a traditional limited partner operating through primary fund commitments.
How does the hospital's leadership connect to broader investment activity in the Cincinnati region?
Hospital leadership serves on the boards of REDI Cincinnati, a regional economic development initiative, and the investment committee of ArtsWave, a community arts organization. These roles intersect with the hospital's broader institutional investment and community engagement strategy but are separate from the retirement plan's fiduciary investment process. The connections signal Cincinnati Children's role as an anchor institution in regional capital deployment.
Is the plan's AUM publicly reported?
No. The Cincinnati Children's Hospital Medical Center Retirement Plan does not publicly disclose its total assets under management. As an ERISA-governed corporate pension plan, it files annual reports (Form 5500) with the Department of Labor, but those filings were not available for this profile. The plan's size remains undisclosed in public, non-regulatory sources.
Profile maintained by Altss 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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