Mr. Lawrence M. v. D. Schloss, 1976 cum laude graduate from Tulane University, now President of Angelo, Gordon & Co., an alternative investment manager, and member of its executive committee, has endowed a Lawrence M. v. D. Schloss Prize for Excellence in Economics. “The Schloss Prize is to be offered to outstanding full professors, associate professors, or assistant professors, or graduate or undergraduate students, who do outstanding work in the Department of Economics.”
The 2016 recipient of the Schloss Prize is Nora Lustig for Excellence in Research.
Nora Lustig is the Samuel Z. Stone Professor of Latin American Economics at Tulane University, an appointment that also extends from the Department of Economics to the Roger Thayer Stone Center for Latin American Studies and to the Center for Inter-American Policy and Research. She is also the Director of the Commitment to Equity Institute (CEQI) at Tulane University. She is internationally recognized as one of leading experts on inequality and poverty, especially with a focus on Latin American countries. She received her Ph.D. in economics at the University of California – Berkeley in 1979, and has held an array of prestigious positions: George Washington University, the Universidad de las Américas, Puebla, Mexico (where she also served as President of the Universidad), and El Colegio de Mexico, Mexico City. She has had affiliations with the Center for Global Development in Washington, D.C., the Inter-American Dialogue, the United Nations Development Programme, the World Bank, and the Brookings Institution, and she is a founding member and past president of the Latin American and Caribbean Economic Association (LACEA).
Nora’s recent research accomplishments are truly outstanding. In the last year, Nora has had published or accepted the following articles and book chapters:
Nora has also been very successful in generating external support for her research, including grants from:
More details on Nora's activities can be found on her Tulane website, at http://www.noralustig.org/. The Department of Economics is proud of Nora's accomplishments.
The Department’s selection committee (Alan Barreca, Doug Harris, Jon Pritchett, and James Alm) was unanimous in recommending that Nora be the 2016 recipient of the Lawrence M. v. D. Schloss Prize for Excellence in Economics.
Mr. Schloss has had a distinguished career in the financial services industry. Following his 1976 graduation from Tulane, he earned an MBA from The Wharton School of The University of Pennsylvania in 1978. He then joined Donaldson, Lufkin & Jenrette (DLJ) in 1978 as an investment banker, and during his 22 years at DLJ rose to become Chairman of DLJ's Merchant Banking Division. Upon the acquisition of DLJ by Credit Suisse in 2000, he became the Global Head of CSFB Private Equity, its $32 billion alternative asset investment management business. In 2004, he founded and became Chairman and Chief Executive Office of Diamond Castle Holdings, a private equity firm. In 2010 he was appointed New York City's Deputy Comptroller for Pensions and the Chief Investment Officer and Trustee of the New York City pension funds, whose assets grew from $100 billion to $145 billion under his leadership. He was named 2012 CIO of The Year - Large Public Pension Funds by Institutional Investor. Most recently, Mr. Schloss served as President of Angelo, Gordon & Co., an alternative investment manager.
In addition to serving on the Board of Trustees of Tulane University, Mr. Schloss is the Vice Chairman of the New York Police and Fire Widows' Fund and the Children's Benefit Fund, and he has served on the boards of directors of numerous public and private companies.
The Department of Economics is very grateful to Mr. Schloss for his generous and ongoing support, which has made possible the recognition of Nora’s accomplishments. Previous Schloss Prize winners are Marco Castaneda (2009), Jay Shimshack (2010), Stefano Barbieri (2011), Keith Finlay (2012), Douglas Nelson (2012), Alan Barreca (2013), Jon Pritchett (2013), Doug Harris (2014), Sean Higgins (2014), and James Alm (2015).