Hedge Fund Rising Stars: Apurva Mehta

< Back to the Hedge Fund Rising Stars

Apurva Mehta
Cook Children’s Health Care System

Foundations and endowments are considered savvy hedge fund investors. Apurva Mehta, 31, has worked at two of the savviest. Mehta is director of investments at Fort Worth, Texas–based Cook Children’s Health Care System, where he helps run the $1.1 billion endowment. Before joining Cook in 2011, he spent three years at the endowment for the Juilliard School in Manhattan. A finance and accounting graduate of George Washington University, Mehta began working as an investment consultant for Salomon Smith Barney in 2001, while he was still in college. By 2008 he had moved to Neuberger Berman, the asset management division of Lehman Brothers Holdings. When Lehman filed for bankruptcy, Mehta quickly found his way to Juilliard, where he came to know Patrick O’Connor, CIO of the Cook Children’s endowment. Cook and Juilliard both consider hedge funds a way of investing rather than an asset class and focus their portfolio construction on risk and reward. Given that similar outlook, O’Connor eventually persuaded Mehta to join his team in Texas.