# Hackensack Meridian Health, Inc. (HMH)

Hackensack Meridian Health, Inc. (HMH) is an Endowment / Foundation based in Edison, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Edison, United States
- **Region:** North America
- **Address:** Edison, NJ, United States
- **Founded:** 2016
- **Assets under management:** 7000 (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/hackensackmeridianhealth

## Regulatory record

- **Reports private funds:** No

## About

Hackensack Meridian Health functions as an asset owner through its endowment and foundation structures. The health network was formed to consolidate hospital operations across New Jersey. Its primary philanthropic vehicle, the Hackensack Meridian Health Foundation, was established in 2016 and manages fundraising and endowment distributions. The portfolio mixes public equity holdings with private healthcare investments. Confirmed public positions include SPDR S&P 500 ETF Trust, iShares MSCI EAFE ETF, and iShares Russell 1000 Growth ETF. Private holdings include Canary Speech, EpiBone, and EValuate Diagnostics, accessed via the Bear's Den Innovation Program and the Center for Discovery and Innovation. Geographic exposure centers on the United States with additional international equity allocations. Total consolidated assets reached $7.6 billion according to recent disclosures. The organization maintains its headquarters in Edison, New Jersey, and operates additional facilities including Hackensack University Medical Center and Jersey Shore University Medical Center. It sponsors the Hackensack Meridian Health Foundation Annual Gala and participates in the Association for Healthcare Philanthropy. May 2026: Hosted the Annual HMHRI Research Symposium focused on emerging technologies. HMH separates its investment activities from clinical operations through distinct legal entities and program vehicles. The structure allows direct co-investments alongside external partners while the foundation handles endowment governance and grant-making.

## Sectors

- Healthcare Services

## People

- Robert C. Garrett — CEO

## Questions

### Who runs investment decisions at Hackensack Meridian Health?

Robert C. Garrett serves as CEO. Investment activity flows through the Center for Discovery and Innovation and the Bear's Den program with oversight from the Hackensack Meridian Health Foundation.

### Does Hackensack Meridian Health participate in fund commitments or only direct deals?

The organization holds both public ETFs and direct private positions in healthcare startups. It has acted as limited partner and co-investor through its innovation programs.

### What investment stages does Hackensack Meridian Health typically target?

Activity includes public market ETFs and early-stage private companies in healthcare IT, diagnostics, and biotechnology.

### What is Hackensack Meridian Health's known posture on co-investments alongside external GPs?

It has co-invested in operating businesses such as Med-Metrix and participated in startup programs alongside other limited partners.

### How does Hackensack Meridian Health source proprietary deal flow?

Deal flow originates through the Bear's Den Innovation Program and the Center for Discovery and Innovation, which identify healthcare technology opportunities.

## Related profiles

- [Boston Children's Hospital](https://altss.com/profile/boston-children-s-hospital)
- [Jacobs Holding](https://altss.com/profile/jacobs-holding)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/hackensack-meridian-health-inc-hmh

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