Ascension Investment Management

To help faith based organizations.

Overview

Ascension Investment Management LLC a wholly owned subsidiary of Ascension evolved from the Treasury Services and Investment Group of Ascension Health which is the largest Catholic nonprofit healthcare system in the United States. Ascension Health had invested for itself and affiliated nonprofit faith based entities for over 10 years using external investment consultants. In September 2009 Ascension Health decided to reduce its reliance on external consultants and hired David Erickson Ascension Investment Management s current Chief Investment Officer (CIO) as its first in house investment professional. Ascension Health tasked Mr. Erickson with developing its investment team establishing a new asset allocation philosophy redefining its socially responsible investment guidelines and recruiting seasoned professionals with specialized expertise to manage its assets.