Geeta Kapadia has been named chief investment officer at Fordham University.
Formerly associate treasurer for investments at Yale New Haven Health, Kapadia will start working at the roughly $1 billion university endowment on August 22. Eric Wood, the university’s previous CIO, had been with the organization since 2011.
Kapadia is “an investment professional with 25 years of diverse experience and a demonstrated commitment to service and excellence in her profession,” according to an announcement published by Fordham senior vice president, chief financial officer, and treasurer Martha Hirst.
Kapadia spent 13 years at Yale New Haven Health, leading a five-person team and overseeing $5.7 billion in academic medical center assets and $3.8 billion in defined contribution retirement assets. She received the health system’s Diversity and Inclusion ‘All In’ Award in 2019.
Before joining Yale New Haven in 2009, Kapadia worked as a senior investment consultant for Mercer Investment Consulting. Prior to that, she worked as an investment analyst and director of marketing for Capital Metrics and Risk Solutions in India. Kapadia is a longtime member of the CFA Institute, where she previously served on the disciplinary review committee, according to the announcement.
Before Kapadia’s departure from Yale New Haven in June — which Institutional Investor previously reported on — the healthcare system added a vice president to oversee investment strategy: Scott Lupkas from Raytheon’s investment office.