Hedge Funds People Moves

Kaiser Permanente seeks investment director


The new hire will oversee the healthcare nonprofit’s $40 billion investment platform, focusing on hedge funds and private equity.

Kaiser Permanente, the largest nonprofit healthcare plan and association in the U.S., is looking to hire a managing director of investments, a new position. The hire will focus on hedge fund, private equity and real asset allocations across all of the group’s investment schemes, which include the Kaiser Foundation Health Plan, the Kaiser Foundation Hospitals, the KP Defined Contribution Plans and the collective trust for the KP Pension Plans. These plans collectively manage $40 billion.

“The position will review current investment managers for risk-adjusted, absolute performance against benchmarks,” reads the job description. “The managing director of investments will