Live Breaking News & Updates on South Ocean Capital Partners

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.  ....

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