Advocate Health uses internal AI to ingest private market statements, Hill says
Laura Hill · AI in the Investment Office – Abby Barlow, Laura Hill, Brian Sugrue, Jenny Heller, John Lawrence, Matt Bank, Kristin Kallergis Rowland, Jon Webster (EP.515) · Sep 14, 2026 · at 15:10
Laura Hill, CIO of Advocate Health, details how her team deployed an internal data-science-built AI tool called General Gist to eliminate manual data entry from manager documents.
0:00 / 0:15exact quote · 15.3s
720p mp4 · rendered on demand · StarZero watermark
“Right now, it's ingesting all of our private markets, statements, capital calls. It's extracting the data, which is different across every manager. It's fitting it out into a uniform Excel template that our analysts can then review.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Laura Hill
Allocators must not use AI for core risk questions, Hill says
“To me, the purpose of an investment memo is to sit down and make yourself think, what are the bets I'm taking? What would make this blow up? If we come back for a re-up in three or four years, what would make us pause or what could have gone wrong? I absolutel…”
Hill is extremely skeptical of vendor AI document routing tools
“The external vendor solutions so far for document routing has not met expectations. We have chosen to build that internally. A lot of this is the virginous nature of how GPs send documents. I'm extremely skeptical of the solutions that claim to be able to mana…”