Larry Pollack
Larry Pollack is principal at LIP Consulting LLC, a fellow of the Society of Actuaries, an enrolled actuary, a member of the American Academy of Actuaries, and a fellow in the Conference of Consulting Actuaries.
Pollack's career includes more than 20 years in the actuarial consulting industry and nine years in the asset management industry. He is an active volunteer for several Society of Actuaries (SOA) working groups and co-authored a working paper on applying financial economics to public pension plans presented at the 2015 SOA investment symposium.
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Is private equity a public financial hazard?
Private equity funds lack clear return and risk metrics, making it hard to assess performance before investments are redeemed, often a decade or more after the initial investment.
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Fiduciary principles need to be reaffirmed and strengthened in public pension plans
"The exclusive purpose of investing pension assets must be to provide pension benefits and defray reasonable expenses—nothing else."