Kevin Lalande

01 Biography

Kevin M. Lalande is Founding Managing Director and Chief Investment Officer of Santé, an investment partnership with $1 billion in capital under management in two different strategies.

The first strategy, Santé Ventures, was founded in 2006 to create and finance innovative new healthcare and life science companies, including LDR Medical (Zimmer Biomet), Explorys (IBM Corp), AbVitro (Bristol Myers Squibb), Molecular Templates (Nasdaq: MTEM), Millipede Medical (Boston Scientific), TVA Medical (Becton Dickenson), Claret Medical (Boston Scientific), Lumos Pharms (Nasdaq: LUMO), and Farapulse (Boston Scientific).

The second strategy, Santé Capital, is a systematic hedge fund that began trading capital in 2015 based on quantitative and natural language machine learning algorithms. Kevin conceived the investment strategy, developed the original MindRank algorithms, and assembled a seasoned team of data scientists and software engineers to help drive this business.

Before his current roles, Kevin was a venture capitalist with Austin Ventures for seven years and was a management consultant with McKinsey & Company. Kevin received a bachelor’s degree with honors in Electrical & Computer Engineering, an MBA with the highest distinction from Harvard Business School, where he was both a Baker Scholar and a Siebel Scholar, and a graduate certificate in Artificial Intelligence from Stanford University.

Why Venture Capital Doesn’t Scale

02 Q&A
What was your first-ever business idea?

When I was 10, I was convinced that soldering solar panels around the base of a lightbulb would recycle light to produce extra electricity, which could then be fed back into the lightbulb to reduce electric bills. It was going to make a million dollars! Alas, after several months and dozens of prototypes, I finally figured out the difference between 100mV DC and 110V AC.

What influential book(s) have you read?

‘The Lessons of History’ by Will and Ariel Durant,
‘Narrative Economics: How Stories Go Viral & Drive Major Economic Events’ by Robert J. Shiller