Pension Fund

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Cincinnati Children's Hospital Medical Center Retirement Plan

The Cincinnati Children's Hospital Medical Center Retirement Plan (the Plan) is a corporate defined-benefit pension fund established by Cincinnati...

Cincinnati Children's Hospital Medical Center Retirement Plan

The Cincinnati Children's Hospital Medical Center Retirement Plan (the Plan) is a corporate defined-benefit pension fund established by Cincinnati Children's Hospital Medical Center. The Plan is overseen by a board of trustees chaired by David P. Williams and an Audit, Finance, and Investment Committee chaired by Felicia Williams, with day-to-day portfolio management handled by Evan Meyer, the Plan's Portfolio Manager. Steve Davis serves as hospital President and CEO. The Plan's investment strategy centers on buyout commitments, as reflected in repeated classification as a buyout-focused allocator. It does not engage in direct co-investments, venture capital, or public equity trading as a core activity. The Plan's geographic focus is primarily North America, with a mandate to generate returns sufficient to meet pension obligations for hospital employees. The Plan operates with a lean investment team — Evan Meyer is the only named investment professional, supported by hospital finance leadership including CFO Paul Jenny. The Plan has no disclosed additional offices or philanthropic foundation separated from the hospital's own Cincinnati Children's Impact Investment Fund (CCIIF), which focuses on community investment rather than pension assets. No recent public operational events were available for the Plan itself. The Plan's structural distinctiveness lies in its simplicity: it is a straightforward, internally-managed defined-benefit fund that outsources execution to buyout general partners, rather than building an internal direct-investment apparatus. Its governance structure ties investment decisions to hospital committee members, blending enterprise finance and fiduciary oversight.

General information

Firm type

Pension Fund

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Cincinnati

Corporate office

Cincinnati, OH, United States

Principals

Evan Meyer

Portfolio Manager

Felicia Williams

Chair of Audit, Finance, and Investment Committees

Paul Jenny

Senior Vice President and Chief Financial Officer

Steve Davis

President and CEO

David P. Williams

Trustee and Chairman

Sector focus

Buyout

Frequently asked questions

Who manages the investment decisions for the Cincinnati Children's Hospital Medical Center Retirement Plan?

Evan Meyer serves as Portfolio Manager and is the primary investment professional running the Plan. Investment oversight is provided by an Audit, Finance, and Investment Committee chaired by Felicia Williams. The Plan's board of trustees is chaired by David P. Williams.

Does the Plan make direct investments or co-investments?

The Plan does not disclose a direct investment or co-investment program. Public records indicate its investment strategy is classified as buyout, suggesting it primarily commits capital to external buyout funds managed by third-party general partners.

What is the relationship between the Plan and Cincinnati Children's Hospital Medical Center?

The Plan is the retirement fund for employees of Cincinnati Children's Hospital Medical Center. Hospital leadership — including CEO Steve Davis and CFO Paul Jenny — serve on the Plan's governance committees, ensuring alignment between hospital operations and pension management.

How does the Plan's investment approach compare to other hospital pension funds?

Unusually among large hospital pension funds, the Cincinnati Children's Hospital Medical Center Retirement Plan concentrates on a single asset class — buyout — rather than diversifying into venture capital, real estate, or hedge funds. Most peers with comparable scale run multi-manager programs across public and private markets.

Is the Plan's portfolio size publicly known?

The Plan's total AUM is not publicly disclosed. As a corporate pension fund of a major academic medical center, it is likely multi-billion in scale, but no official figure has been published.

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