Updated:
Rush University Medical Center Endowment
Rush University Medical Center traces its origins to 1837. The endowment functions as the long-term investment vehicle for the academic medical center and its...
Rush University Medical Center Endowment
Rush University Medical Center traces its origins to 1837. The endowment functions as the long-term investment vehicle for the academic medical center and its affiliated university colleges. The endowment holds a 20 percent allocation to private equity and maintains positions in Transcarent and 7wire Ventures. Direct real-estate assets include the main campus at 1620 W Harrison Street and the Joan and Paul Rubschlager Building. Geographic focus remains North America. The structure also includes a fund-of-funds sleeve and limited co-investment activity. Cambridge Associates acts as investment advisor. The endowment participates in the Healthcare Anchor Network and the Institutional Investing Diversity & Inclusion Council. Alex Wiggins has spoken at the iDAC Summit and Endowments & Foundations Roundtable West in the last 24 months. Governance ties the endowment to the medical center's board of trustees, which includes executives from BMO Financial Group and Archer Daniels Midland. This linkage shapes mandate and reporting lines without an external family office overlay.
General information
Firm type
Endowment / Foundation
Year founded
1837
Location
Region
North America
Country
United States
City
Chicago
Corporate office
1620 W Harrison St, Chicago, Illinois, United States
Principals
Alex Wiggins
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Rush University Medical Center Endowment?
Alex Wiggins serves as Chief Investment Officer. Cambridge Associates provides OCIO support.
Does the endowment participate in fund commitments or only direct deals?
The endowment uses a fund-of-funds sleeve alongside direct holdings in real estate and select venture positions.
What asset classes receive the largest allocations?
Private equity receives a 20 percent target allocation. Direct real estate forms a significant portion of the balance sheet.
Where does the underlying capital originate?
The pool supports Rush University Medical Center operations, research, and education programs.
Which sectors appear in the private portfolio?
Confirmed holdings include healthcare IT names such as Transcarent and AVIA.
Does the endowment maintain external advisory relationships?
Cambridge Associates serves as investment advisor. Northern Trust provides custody services.
How does the endowment engage with community or impact initiatives?
Rush participates in the Healthcare Anchor Network and maintains the Rush BMO Institute for Health Equity.
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.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: