# Hartford HealthCare Pension and Endowment Fund

Hartford HealthCare Pension and Endowment Fund is an Endowment / Foundation based in Hartford, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Hartford, United States
- **Region:** North America
- **Address:** Hartford, CT, United States
- **Founded:** 1854
- **Assets under management:** 4.2B (Altss estimate)
- **Website:** http://www.hartfordhealthcare.org
- **LinkedIn:** https://www.linkedin.com/company/hartford-healthcare

## Regulatory record

- **Reports private funds:** No

## About

The Hartford HealthCare Pension and Endowment Fund was established to manage retirement and endowment assets for Hartford HealthCare and its affiliates. David Holmgren served as chief investment officer from 2010 to 2022 and created the internal team that directed allocations. The fund deploys capital across public equities, hedge funds, and private equity. Confirmed holdings include positions in Eli Lilly, UnitedHealth Group, and AbbVie. It has committed to vehicles managed by Standard General, Actis, Great Hill Equity Partners, and Balderton Capital. Geographic exposure centers on the United States with additional commitments in Europe and select emerging markets. Morgan Stanley has served as outsourced chief investment officer since 2022. The fund maintains relationships with State Street Bank for custody and Aksia for advisory services. March 2024: Served as panelist at the Quinnipiac University GAME Forum discussing global asset management and healthcare investing. The fund operates through two distinct vehicles: the Hartford HealthCare Corporation Defined Benefit Master Trust for pension assets and the Hartford HealthCare Endowment LLC for philanthropic capital. This separation allows independent governance of retirement liabilities and grant-making activities.

## Sectors

- Healthcare

## People

- David Holmgren — Former Chief Investment Officer

## Questions

### Who runs investment decisions at Hartford HealthCare Pension and Endowment Fund?

David Holmgren served as chief investment officer from 2010 to 2022 and established the internal office. Morgan Stanley has acted as outsourced chief investment officer since 2022.

### Does the fund participate in fund commitments or only direct deals?

The fund makes commitments to external managers. Holdings include limited partner positions in Great Hill Equity Partners V, Balderton Capital, and Actis.

### How is the fund related to Hartford HealthCare Endowment LLC?

The Endowment LLC serves as the 501(c)(3) vehicle that pools and invests endowment funds for Hartford HealthCare affiliates and supports grants to facilities including Hartford Hospital.

### What investment stages does the fund typically target?

The fund allocates across public equities, hedge funds, and private equity funds without a disclosed focus on early-stage venture or seed investments.

## Related profiles

- [Chicago Partners Wealth Advisors](https://altss.com/profile/chicago-partners-wealth-advisors)
- [J.W. Cole Advisors](https://altss.com/profile/j-w-cole-advisors-jwca)

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

Canonical page: https://altss.com/profile/hartford-healthcare-pension-and-endowment-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology