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Mercy Health charity hands $2B to a donor's secretive family office, stunning experts

By Institutional Investor  
   June 06, 2020

St. Louis-based health care system Mercy is dissolving its in-house investment team to hand over the vast majority of its portfolio — more than $2 billion — to a little-known wealth manager with deep ties to Mercy’s board chair, according to three informed sources. 

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