Pension Fund

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PMC Smart Solutions

PMC Smart Solutions traces its operational roots to 1929, when Ed Gerdes co-founded a manufacturing business later formalized into a defined-benefit entity in...

PMC Smart Solutions logo

PMC Smart Solutions

PMC Smart Solutions traces its operational roots to 1929, when Ed Gerdes co-founded a manufacturing business later formalized into a defined-benefit entity in 1963. Today the firm operates under Lisa Jennings, the fourth-generation president and CEO, with her father Thom Gerdes serving as chairman. The company is structured around a dual posture: an advanced manufacturing business with plants in Blue Ash, Shelbyville, Detroit, Wiesau, and San Jose Iturbide, and a pension trust that allocates capital across venture, growth equity, and natural resources. The manufacturing arm is a specialized contract producer for life sciences and mobility. Confirmed medical-device relationships include Medtronic as a strategic supplier of surgical therapies and Beta Bionics, for which PMC manufactures the cartridge connector used in the iLet Bionic Pancreas, an automated insulin delivery system. The company also received the Bosch Global Supplier Excellence Award. The investment portfolio, managed through the PMC Pension Trust established in 1963, spans buyout, early-stage, start-up, seed, expansion, and venture strategies, alongside natural resources allocations. PMC operates five manufacturing facilities across three countries and is certified as a Women's Business Enterprise by WBENC. The firm maintains bioscience industry ties through BioOhio and regional business connections via the Cincinnati USA Regional Chamber. Philanthropic commitments include ArtsWave and the Venti-Now Non-Profit Corp. Architecturally, PMC is unusual in fusing an operating manufacturer with an active pension-trust investment vehicle under a single family-controlled governance structure. Most family offices separate the operating company from the investment pool; PMC runs both under the same fourth-generation leadership, with the pension trust providing a structural bridge between factory cash flows and venture allocations.

General information

Firm type

Pension Fund

Year founded

1963

Location

Region

North America

Country

United States

City

Blue Ash

Corporate office

Blue Ash, OH, United States

Additional offices

Shelbyville, IN, United States · San Jose Iturbide, Guanajuato, Mexico · Wiesau, Germany · Detroit, MI, United States

Principals

Lisa Jennings

President and CEO

Thom Gerdes

Chairman

Sector focus

Industrial TechDigital Health

Frequently asked questions

Who runs investment decisions at PMC Smart Solutions?

Investment oversight sits with the PMC Pension Trust, a defined-benefit plan established in 1963 and administered from Blue Ash, Ohio. Lisa Jennings serves as president and CEO of the broader enterprise, with chairman Thom Gerdes representing third-generation family leadership. The exact investment committee structure is not publicly detailed.

Is PMC Smart Solutions a single family office or an operating manufacturer?

It is both. PMC operates as an advanced contract manufacturer serving medical-device and mobility clients, while the PMC Pension Trust—established in 1963—functions as an investment vehicle deploying capital across venture, buyout, and natural resources strategies. The two are linked under common family governance but are legally distinct.

What does PMC manufacture, and for whom?

PMC manufactures precision components for regulated industries. Known relationships include Beta Bionics, where PMC produces the cartridge connector for the iLet Bionic Pancreas, and Medtronic, where PMC supplies components for surgical therapies. The firm also received a Bosch Global Supplier Excellence Award, indicating a supplier relationship with Robert Bosch GmbH.

How is the firm related to Beta Bionics?

PMC Smart Solutions serves as the contract manufacturer for the cartridge connector used in Beta Bionics' iLet Bionic Pancreas, an automated insulin delivery system. The relationship is a manufacturing partnership, not an investment—though the pension trust's venture arm and the manufacturing business coexist under the same enterprise.

Where is the underlying capital sourced from?

The investable capital comes from the PMC Pension Trust, a defined-benefit plan originally established for the manufacturing company's workforce. The Gerdes family—fourth generation under Lisa Jennings—controls both the operating assets and the trust's governance.

Profile maintained by 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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