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Pasy Wang
Senior Managing Director, Investments at Caltech
Pasy Wang is a prominent figure in the investment management field, particularly known for her work with educational and healthcare institutions. Here are key details about her career and background:
Professional Experience
Cedars-Sinai: Pasy Wang was recently appointed as the inaugural Vice President and Chief Investment Officer at Cedars-Sinai, a renowned healthcare system based in Los Angeles.12 In this newly created role, she is responsible for:
- Designing and managing Cedars-Sinai's investment portfolio
- Leading the newly established Investment Office
- Overseeing investment policy, asset allocation, portfolio construction, risk management, and external investment managers2
California Institute of Technology (Caltech): Prior to joining Cedars-Sinai, Wang had a distinguished career at Caltech, where she served as Senior Managing Director of Investments for nearly 13 years.3 Her achievements at Caltech include:
- Managing and substantially growing Caltech's endowment from $1.5 billion to $4.5 billion over 12 years2
- Creating a formal investment process
- Instituting a risk-management system
- Building out the institute's portfolio2
Earlier Career
Before her tenure at Caltech, Wang's professional experience included:
- Associate Director at Pacific Alternative Asset Management Company (PAAMCO), where she co-managed opportunistic hedge fund portfolios13
- Consultant at Deloitte Consulting, which marked the start of her career12
Education and Qualifications
- Bachelor's degree in Electrical Engineering from UCLA12
- MBA in Finance from Columbia Business School12
- Chartered Financial Analyst (CFA) designation2
Board Memberships
Wang serves on several boards, demonstrating her commitment to both finance and community service:
- Independent director on the board of American Business Bank12
- Board member for the Boys & Girls Club of Venice12
- Board member and treasurer for the Mortimer & Mimi Levitt Foundation12
Pasy Wang's career trajectory showcases her expertise in investment management, particularly in the nonprofit sector, and her ability to drive significant growth in institutional portfolios.