Roundtable Discussion on Long-Term Liabilities & Re-thinking Pension Investments

Presented by The Fund for Public Advocacy, in partnership with the Office of New York City Public Advocate Bill de Blasio and the NYU’s Robert F. Wagner Graduate School of Public Service, with generous support from The New York Community Trust and the Peterson Foundation. Co-sponsored by the The Wagner Economics and Finance Association.

Introductory Remarks
Bernard Schwartz
Chairmen and CEO, BLS Investments
 
Panel Discussion
Mike Fishman, 32BJ Service Employees International Union
Steven Lydenberg, Hauser Center for Nonprofit Organizations at Harvard University
Peter Goldmark, Former Budget Director of New York State

Moderated by
Dr. Mark Funkhouser, Director of Governing Institute and Former Mayor of Kansas City

The Fund for Public Advocacy, in partnership with the Office of New York City Public Advocate Bill de Blasio and the NYU’s Robert F. Wagner Graduate School of Public Service, with generous support from The New York Community Trust and the Peterson Foundation, is sponsoring a series of roundtable discussions to engage members of the public, government officials, and other key stakeholders on New York City’s long-term liabilities.  The previous roundtables explored pensions and healthcare, and this one will focus on rethinking pension investments.
 
Pension funds for public employees are powerful investors with large amounts of assets.  New York City alone currently has $115.2 billion in assets under management.  Strong investment performance is essential to the long-term financial health of the City.  How these funds invest not only affects rates of return, but also has the potential to yield complementary benefits to the community.  Investments may be targeted to spur economic drivers such as infrastructure improvements, housing development, and new enterprise – and create jobs along the way.  This roundtable will explore the benefits, risks, and challenges to implementing new ways of investing.

8:00 AM -- Registration
8:30 AM -- Keynote & Panel Discussion
 
Refreshments and a light breakfast will be provided.