Chaffkin Leaves Hedge Fund Charter Oak

Aug 2 2007 | 10:50am ET

Charter Oak Partners’ Jeffrey Chaffkin is leaving the hedge fund industry to return to his roots. HMO giant Aetna has lured Chaffkin back into the fold as vice president of its investor relations group. Chaffkin worked at Aetna for a decade until leaving in 1996 as chief financial officer of the health business unit of Aetna Health Plans.

At Westport, Conn.-based Charter Oak, Chaffkin served as general partner covering the hedge fund’s health care investments. Before joining Charter Oak, he served as a pharmaceutical analyst at UBS.

“We’re very pleased to have Jeff Chaffkin rejoin Aetna,” new boss, and Aetna CFO, Joseph Zubretsky, said. “His experience as a finance executive with both sell- and buy-side experience, as well as 10 years in finance and corporate planning at Aetna, should serve us well as we move into the next phase of the company’s strategy.”

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