Kevin Lalande is Founding Managing Director and Chief Investment Officer of Santé, a multi-strategy investment partnership with over $800 million in capital under management in two separate strategies.
Santé Ventures is a healthcare and life science venture capital strategy founded in 2006 that manages over a half-billion dollars across three funds and 30+ portfolio companies. Over the last 15 years, the partners of Santé Ventures have helped create, build, and finance a valuable portfolio of innovative new healthcare companies including LDR Medical (Nasdaq: LDRH, later acquired by Zimmer Biomet), Explorys (IBM Corp), AbVitro (Bristol Myers Squibb), Molecular Templates (Nasdaq:MTEM), Millipede Medical (Boston Scientific), TVA Medical (Becton Dickinson), and Claret Medical (Boston Scientific).
Santé Capital is a systematic machine learning hedge fund strategy that began trading capital in 2015 after three years of research and development. Kevin conceived the investment strategy, designed the original MindRank algorithms, and assembled an experienced team to help drive this line of business.
Before Santé, Kevin spent seven years as an investment professional with Austin Ventures, a venture capital firm with $4 billion under management. Prior to Austin Ventures, he was a Management Consultant with McKinsey & Company. Before McKinsey, he founded, built and sold three internet-based companies in the 1990s.
Kevin received a bachelor’s degree with honors in Electrical & Computer Engineering, an MBA with 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.
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