The Colorado Health Foundation announced on Tuesday that it has appointed Aron Grodinsky as its new chief investment officer.
Grodinsky will replace the current CIO, Stan Willie, who announced his retirement in September, as Institutional Investor previously reported. Willie has overseen the foundation’s $3 billion investment portfolio since 2009. Grodinsky’s appointment was made effective on March 28.
“Aron comes to our organization with significant and diverse investment management experience, and a belief that health is a basic human right,” said chief financial officer Mark Evans in a statement. “He’s a welcome asset to our team as we continue working to achieve health equity across the state, including centering principles of equity in our investment management practices.”
Grodinsky has a background in institutional asset management and high-net-worth investing. From 2019 to 2020, he worked as the managing director of investment strategies at Cresset Capital Management, a boutique family office and private wealth management firm.
“I was attracted to the opportunity to join the Colorado Health Foundation [because of] my deep-rooted belief that everyone should have access to health services,” Grodinsky said in a statement. “I’m committed to making a positive change in the world, having spent most of my career working for, or with, mission-oriented nonprofit organizations.”
Before joining Cresset Capital, Grodinsky worked as an executive director at Perella Weinberg Partners, an outsourced chief investment officer firm. He joined Perella in 2014, after working as a senior investment officer at George Washington University. Earlier in his career, Grodinsky worked as an executive director of investments at UJA-Federation of New York and as a vice president of consulting services in the ultra high net worth office at Merrill Lynch & Co.
