Orin Kramer has managed Boston Provident Partners, a financial services hedge fund, since 1992. He is also Chairman of the New Jersey State Investment Council, the oversight board for the state's public pension system, and serves on Pennsylvania's Financial Asset Management Commission. Kramer is a member of the board of the Alliance for Climate Protection and has served as a director of three financial firms: Ariel (current), Tempest Re and Golden State Bancorp. He has taught at Columbia Law School and written two books on insurance issues. He has served as executive director of three state commissions involving financial industry issues (in New York and California); was associate director of the White House domestic policy staff for financial industry issues; and co-chaired President Clinton's financial services transition team. Kramer graduated from Yale College and Columbia Law School. Orin Stuart Kramer, J.D., is Founder, Chief Executive Officer, Managing Partner, and Portfolio Manager at Boston Provident, L.P. He manages private investment partnerships concentrated in public equities. Mr. Kramer was an Associate at the law firm of Simpson Thacher & Bartlett. He is the Chairman of New Jersey State Investment Council since 2003. Mr. Kramer was appointed by President Clinton to serve on the Commission to study capital budgeting. He was also on the Advisory Commission on Financial Services and a coordinator of President-elect Clinton’s transition team on financial services issues. Mr. Kramer was an Executive Director of the California Commission on Ratemaking for Workers Compensation Insurance. He was a Vice-Chairman and Executive Director of a special New York commission to study the liability insurance crisis and civil justice reform and a Director at Arden Holdings Limited. Mr. Kramer co-authored the New York DeWind Commission report and also authored “Cleaning Up Hazardous Waste: Is There a Better Way?” in 1993. He was a member of the financial institutions group at McKinsey & Co., Associate Director of the White House Domestic Policy Staff, Commissioner of the New Jersey Sports and Exposition Authority, and Executive Director of the New York State Commission on Living Costs and the Economy. Mr. Kramer was a Professor of Financial Regulatory Law at the Columbia Law School. He received a J.D. from the Columbia Law School in 1970 and a B.A. from the Yale University.