Investment Director

Client: Mass General Brigham Investment Office

Title: Investment Director (PE Sr. Assoc/VP equivalent)

Start Date: Immediate thru Summer 2026

The team is actively growing! Over the past eighteen months, Mass General Brigham’s endowment has hired several new investment professionals and seeks to hire more in the near term reflecting a strong commitment to strategic growth and an investment in top talent. Overall, this is an exciting time to join!

This pre-eminent and lean investment team manages approximately $25B AUM, which has increased over the past year under the CIO’s leadership and her arrival in late 2023. The MGB investment team has the critical mandate to steward the endowment and continually grow returns which fuel significant healthcare missions. Exceptional culture and collaboration!

Overview

As a not-for-profit organization, Mass General Brigham (MGB) is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, MGB supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several hospitals are teaching affiliates of Harvard Medical School, and the system is a national leader in biomedical research.

Investment Office General Overview

Mass General Brigham’s Investment Office manages more than $25 billion for MGB, invested primarily via partnerships with third party investment management firms. Strategies in the portfolio include private equity, venture capital, long-only equities, long/short equities, and real assets investments. The goal is to generate excellent long-term risk adjusted returns to support MGB’s mission to improve the lives and health outcomes of patients globally.

The Investment Office offers a collaborative, team-oriented environment. All investment team members are generalists, but personal sector interests are encouraged. Working closely with an Investment Committee as a resource, the Investment Office has full discretion over investment decisions. This is a vibrant and growing team with an amazing and supportive culture that values highly inquisitive intellect, collaborative dialogue and a mentoring environment. They strive to be nimble in the pursuit of exceptional investment opportunities and in the support of world-class investment partners. This is a hybrid position based in Boston/Somerville, MA.

About the Role

This position offers a unique opportunity to have an outsized impact on the investment portfolio serving the long-term operations of a renowned healthcare institution. They employ an endowment-style approach to investing and partner with external investment managers to access the most attractive investments globally. Their work entails underwriting both these managers and the assets in their portfolios. MGB’s long-duration capital, scaled capital base, partnership-oriented approach, and mission make their team an attractive collaborator for managers who share a similar time horizon and values. The Investment Office is a collaborative and meritocratic environment in which all members of the investment staff sit on internal investment committees.

Investment staff members travel domestically and internationally to evaluate new and evolving opportunity sets, meet managers, and visit companies. This role will lead and co-lead diligence processes and make investment recommendations, work that entails both rigorous analytics and creative thinking. In addition, all investment staff members are engaged in portfolio management decisions and have opportunities to present to the Investment Committee.

The current investment team size is approximately 10 professionals and requires each member to possess a nimble, roll-up-your-sleeves attitude to tackle novel challenges. Successful hires will have long-term career progression opportunities. The team and leadership take mentorship seriously and are excited to support talented, dedicated individuals in their career goals.

If you are interested in this opportunity, please respond with your resume.

NOTE: If you know of someone who may be interested in this opportunity, feel free to forward this email.