Description

About the Foundation

Headquartered in Denver, Colorado, The Colorado Health Foundation is a 501(c)(3) private foundation dedicated to bringing health in reach for all Coloradans. The Foundation advances its mission through grantmaking, advocacy, and deep engagement with communities across the state.

Over many years, the Foundation has intentionally aligned its human, financial, and influence capital to advance health equity and address the needs of Coloradans facing the greatest barriers to health. With President and CEO Dr. Karen McNeilMiller having announced her retirement and a new CEO scheduled to join the organization next year, the Foundation is entering a significant leadership transition—one that offers strong continuity of mission alongside opportunity to shape the next phase of impact.

The Colorado Health Foundation believes that health and wellbeing can be in reach for everyone. Every day, we collaborate with organizations and communities across the state to break down the many systemic and unfair barriers that stand in the way of health. Our work is grounded in serving Coloradans who have less power, privilege, and income. We prioritize communities of color, center equity in all that we do, and are guided by the voices of those most impacted by health inequities.

CHF is a statewide philanthropic organization that champions the health and wellbeing of every Coloradan by investing in solutions and policies that advance health equity and racial justice. The Foundation’s work is grounded in:

      Racial equity and justice

      Communityinformed decisionmaking

      Transparency, listening, and learning

      Strong internal culture and shared accountability

The Foundation approaches leadership with intention, recognizing the importance of alignment between organizational values, leadership practice, and longterm impact.

Founded in 1995 as the HealthONE Foundation, the organization evolved through a series of strategic transitions, including the sale of its interest in the HealthONE hospital system to HCA and a shift from public charity to private foundation status. Following its rebrand as The Colorado Health Foundation, the organization expanded its statewide philanthropic focus, adopted a broader definition of health, deepened community engagement across Colorado, and established health equity as a central organizing principle of its work.

Today, the Foundation’s Investment Office manages an investment portfolio of approximately $3 billion, with a longterm objective of achieving returns exceeding inflation by at least 5% annually. The Investment office is seeking to attract a Managing Director of Private Markets to serve as an integral member of the team and contribute to the stewardship of the Foundation’s financial resources in alignment with its mission and values.

The Position

 The Managing Director, Private Markets works directly with the Chief Investment Officer, and as part of a small team, in the oversight and management of the Foundation’s $3 billion Managed Investment Portfolio (MIP), a global diversified portfolio of public and private investments. The Managing Director will assist in the due diligence, selection, and monitoring of investment opportunities in the MIP with a primary focus on private market investments across the range of asset classes. They will also support the CIO in areas such as asset allocation, portfolio construction, and risk management while collaborating regularly with the Managing Director, Public Markets.

Requirements

Essential Responsibilities

Representing the Foundation

      Embody the mission, vision, values and priorities internally and externally

      Integrate cultural attributes and Centering Race Framework into all work.

      Practice responsible stewardship of Foundation resources

      Demonstrate professionalism and authenticity in all interactions

Portfolio Management and Oversight

      Collaborate with the CIO, Investment Consultant, and other service providers on the evaluation of new investment strategies appropriate for the MIP including due diligence, meetings and communications with the investment managers, document preparation and oversight, and coordination with outside counsel on the review of investment manager legal documents

      Monitor existing investment managers, including tracking and documentation of performance evaluation, fund characteristics, material organizational changes and current events, and complete periodic analytical reviews, attending annual meetings, periodic onsite visits, and other activities.

      Source and maintain a pipeline of investment opportunities and funds that will provide a strategic advantage to the investment portfolio

      Conduct thorough due diligence and provide financial and operational analysis regarding potential investment initiatives including analysis of investment strategy, process, organization, performance, risk, and portfolio fit

      Conduct research and analysis on a variety of investment topics such as strategic asset allocation, portfolio stress testing, tactical investment strategies, asset class reviews, investment themes and secondary transactions for portfolio management purposes

Communications

      Prepare reports for the CIO, Investment Committee, Board of Directors, and others as needed

      Prepare formal investment recommendations for new investment opportunities that are shared with the Investment Committee

Other Functions

       Participate in organizational events and culture-building/educational sessions

      Special projects and duties as assigned

Basic Qualifications

       A bachelor's degree and a minimum of seven years’ relevant investment experience

      Advanced analytical skills in quantitative and qualitative investment evaluation

      Proven ability to work independently and proactively, within a team, and across multiple projects 

      Curious and independent thinker with a highly collaborative working style

      Advanced proficiency in Microsoft Office suite

      Experience leveraging AI tools to enhance efficiency

      Excellent interpersonal, communication, and presentation skills, both written and spoken

      High level of integrity demonstrated through past professional roles

Preferred Qualifications

       Advanced Degree in finance or related field and/or CFA 

      Five or more years’ experience at an endowment, foundation, or similar allocator role

Physical Working Conditions & Effort Required

       Normal office environment

      Hybrid work schedule as defined by CHF  

      Occasional travel for meetings and conferences both domestic and international 

      Sitting at computer for long periods of time