Geeta Kapadia, associate treasurer of investments at Yale New Haven Health System, has resigned from her post.
After 13 years with the $5.6 billion system, Kapadia is stepping down to take on a new role elsewhere, details of which she will share at a later date.
At Yale New Haven, Kapadia led a team of five in making investment decisions for the endowment, foundation, defined benefit pension, and operating asset portfolios. During her tenure at the organization, Yale New Haven’s assets have grown from under $1 billion to more than $5 billion under management.
Prior to joining the healthcare system, Kapadia worked at Mercer as a senior investment consultant and at CapMetrics Technology Solutions as an investment analyst and director of marketing. Kapadia is a CFA charterholder and serves on the boards of the Chester County Family Academy and the Radnor Memorial Library.
Yale New Haven has recently made another high-level staffing change. In January, the organization hired Scott Lupkas from Raytheon’s investment office to serve as vice president, also overseeing its investment strategy.
In October, Kapadia told Institutional Investor that the organization was considering expanding its relatively young private markets portfolio and was taking meetings with managers to discuss a broad set of strategies. The organization was also working to determine the best approach to managing fixed income market as yields continue to decrease amid falling interest rates and rising inflation.