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UnitedHealth CEO's Secret Millions in Competing Investments Revealed

2/17/2026

Summary

Story summary

Stephen Hemsley, chief executive of UnitedHealth Group, has undisclosed investments in healthcare startups over the past seven years totaling millions.
Some investments involve companies that compete with UnitedHealth or do business with it.
Hemsley led UnitedHealth for two decades and returned as CEO in May 2025 to stabilize finances.
He founded Cloverfields Capital Group LP in 2019, registered as an investment adviser, and invests in Otis Worldwide.

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Story summary

Stephen Hemsley, chief executive of UnitedHealth Group, has undisclosed investments in healthcare startups over the past seven years totaling millions.
Some investments involve companies that compete with UnitedHealth or do business with it.
Hemsley led UnitedHealth for two decades and returned as CEO in May 2025 to stabilize finances.
He founded Cloverfields Capital Group LP in 2019, registered as an investment adviser, and invests in Otis Worldwide.