Pasy Wang, the first investment chief of Cedars-Sinai, has left the Los Angeles-based healthcare organization.
“I'm leaving Cedars,” Wang wrote in an out-of-office email, adding that “after running at full speed for 4 years, I’m taking a bit of a break.”
She referred questions to Brian Chen and Michael Rainey, the team’s managing directors of investments. Neither Wang nor representatives from Cedars-Sinai immediately responded to Institutional Investor’s requests for additional comment.
Wang, who was named one of II’s hedge fund rising stars in 2013, joined Cedars-Sinai as its first-ever CIO in 2022, where the built the investment office form the ground up. Prior to joining, she was a senior managing director at Caltech for three years.
Before working for Caltech’s endowment, Wang spent five years at Pacific Alternative Asset Management Company, where she co-managed opportunistic hedge fund portfolios.
Wang studied engineering at the University of California, Los Angeles, before joining Deloitte, her first employer, in 1999. She then pursued an MBA at Columbia Business School before joining PAAMCO.