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Hartford HealthCare has dropped its widely lauded internal investment department, placing its $4.3 billion investment and endowment portfolio in the hands of Morgan Stanley.
The move shocked members of Hartford HealthCare's Investment Subcommittee, a largely volunteer board composed of experienced investment executives and experts. Five of seven volunteer members including Chairman David M. Roth have resigned since the surprise announcement at a special meeting held over Zoom last Tuesday. ....
Hartford HealthCare has been able to donate medical equipment set to be decommissioned . The equipment was able to be recycled and that is currently on its way to Jamaica, where it will support a new hospital being created in an underserved area in Jamaica. ....