Children's Hospital Los Angeles. Photo by Debster88 (Own work) [CC-BY-SA-3.0 (], via Wikimedia Commons
Children’s Hospital Los Angeles. Photo by Debster88 (Own work) [CC-BY-SA-3.0 (], via Wikimedia Commons
Investor Steven Cohen and his wife Alexandra donated $3 million to Children’s Hospital Los Angeles in support of the hospital’s neonatal unit, the hospital announced Thursday.

In honor of the couple’s gift, the unit will be named the Steven & Alexandra Cohen Foundation Newborn and Infant Critical Care Unit, said Paul S. Viviano, the hospital’s president and CEO.   “This gift fortifies CHLA’s mission and ensures that this most vulnerable patient population always receives the world class medical attention they deserve,” he said.

More than 600 critically ill newborn children are treated each year in the hospital’s NICCU, a state-of-the-art, 58-bed intensive care unit designed to address the needs of critically ill infants.

He said the couple’s gift will directly support medical care and research to improve the future of health care for critically ill infants, and support training for fellows who come to CHLA’s NICCU to learn the best techniques for caring for those patients.

Launched in 2001, the Steven & Alexandra Cohen Foundation has provided more than $151 million to organizations across the nation that provide health services and education for children.

Steven Cohen is the chairman and CEO of Point72 Asset Management, an investment firm located in Stamford, Connecticut. His wife is president of their foundation and manages its day-to-day operations.

“Steve and I share the belief that children deserve the best when it comes to medical care,” she said. “We have made it our goal to form relationships with institutions that share our dedication to the betterment and welfare of our nation’s youth.”

—City News Service

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