Orin Stuart Kramer is an American hedge fund manager and founder of Boston Provident LP.

Education

Born to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

family, Kramer graduated from Deerfield Academy Class of 1963 and earned a B.A. from

Yale College Yale College is the undergraduate college of Yale University. Founded in 1701, it is the original school of the university. Although other Yale schools were founded as early as 1810, all of Yale was officially known as Yale College until 1887, ...

(where he roomed with former New York state governor George Pataki) and a J.D. from Columbia Law School.

Career

From 1981 to 1983, Kramer was a member of the financial institutions group at the management consulting firm of McKinsey & Co. From 1977 to 1981, he served as Associate Director of the

White House The White House is the official residence and workplace of the president of the United States. It is located at 1600 Pennsylvania Avenue NW in Washington, D.C., and has been the residence of every U.S. president since John Adams in 1800. ...

Domestic Policy Staff. Previously, Kramer had been an associate with the law firm of

Simpson Thacher & Bartlett Simpson Thacher & Bartlett LLP is an international white shoe law firm headquartered in New York City. The firm specializes in litigation and corporate practices, particularly mergers and acquisitions, with over 1,000 attorneys in 11 offices worl ...

and executive director of the New York State Commission on Living Costs and the Economy. In 1986, he served as vice-chairman and executive director of a special commission appointed by Governor Cuomo to study the

liability insurance crisis The liability insurance crisis in the United States of America refers to a volatile economic period during the mid-1980s. During these years, until about 1990, rising insurance premiums and an unavailability of coverage for several types of liabil ...

and civil justice reform, and he co-authored the New York DeWind Commission report on product deregulation for banks. Kramer has published two books and a number of studies on the financial services industry. He has taught financial institutions law at Columbia Law School. In 1990, Kramer was appointed by the

Governor of California The governor of California is the head of government of the U.S. state of California. The governor is the commander-in-chief of the California National Guard and the California State Guard. Established in the Constitution of California, the g ...

as executive director of the California Commission on Ratemaking for Workers Compensation Insurance. In 1992, he served as a coordinator of President-elect Clinton's transition team on financial services issues. In 1995, he was designated by the Secretary of Treasury to serve as a member of the Advisory Commission on Financial Services. He was named by U.S. President

Bill Clinton William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and agai ...

as a member of the commission to Study Capital Budgeting. In 2007, he was appointed by the

Pennsylvania State Treasurer The Pennsylvania State Treasurer is the head of the Pennsylvania Treasury Department, an independent department of state government. The state treasurer is elected every four years. Treasurers are limited to two consecutive terms. The Pennsylva ...

as a member of the Financial Asset Management Commission. In 2009, he received the Outstanding Contribution Award at the 8th annual Hedge Fund Industry Awards. Kramer is general partner of Boston Provident, L.P., and has served on the boards of several financial services firms, public and private. He was Chairman of the New Jersey State Investment Council and the Robert F. Kennedy Center for Justice and Human Rights. He is a board member of the National Parks Foundation and the Alliance for Climate Protection.

Political contributions and philanthropy

Kramer was a key fundraiser for president

Barack Obama Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the U ...

Personal life

Kramer is married to Hilary Ballon, the daughter of Charles Ballon, a prominent Manhattan lawyer who orchestrated the merger between the

United Jewish Appeal The United Jewish Appeal (UJA) was a Jewish philanthropic umbrella organization that existed from its creation in 1939 until it was folded into the United Jewish Communities, which was formed from the 1999 merger of United Jewish Appeal (UJA), Cou ...

and the Federation of Jewish Philanthropies.New York Times: "Charles Ballon, a Manhattan lawyer who was active in Jewish philanthropies" By RICHARD D. LYONS
March 02, 1994

References

{{DEFAULTSORT:Kramer, Orin 1945 births American financiers American philanthropists Columbia Law School alumni Living people Simpson Thacher & Bartlett associates Yale College alumni 21st-century American Jews