Illinois Venture Capital Association
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September 3, 2020 - IVCA Webcast: Illinois’ fiscal and pension crisis: what you need to know and what can (and cannot) be done about it
Thursday, September 03, 2020, 11:45 AM - 1:00 PM CDT
Category: IVCA Events

IVCA Webcast

How did we get do we get out?!

Even before COVID, Illinois’ ballooning pension obligations have crowded out spending on virtually every other category of spending in the state. Illinois is now in a more severe crisis and all of us will be affected by the looming disaster.

All is not lost!  Three individuals who are working tirelessly to suggest solutions to the Illinois Pension disaster will discuss what they’ve learned about the scope of the problem AND some potential solutions

  • Ira Weiss, Hyde Park Venture Partners
  • Laurence Msall, The Civic Federation
  • Marin Gjaja, BCG

In a discussion moderated by Ira Weiss, Marin Gjaja (BCG) & Laurence Msall (The Civic Federation) who have studied the problem will share their insights with us.

Click here to register for our webcast!

IVCA Members - Free to attend

Marin Gjaja is the Chair of BCG's Center for Illinois' Future which focuses on local social impact and civic work supporting education, economic development, youth violence reduction, and struggling neighborhoods.  Marin is also co-chair of Advance Illinois an organization that is committed to an aligned education system that strives for equity, stresses college and career readiness and completion, and supports the whole child from the earliest years through adulthood.

​It was while working to understand education funding in Illinois that Marin immersed himself in the issues of Illinois’ pension debt which “crowds out” education funding.

Laurence Msall is President of the Civic Federation, a nonpartisan government research organization established in 1894 that promotes independent and evidence-based efforts to improve the effectiveness, financial sustainability and transparency of State and local governments in Illinois. Before joining the Federation in 2002, Msall was Senior Advisor for Economic Development and Infrastructure for Governor George H. Ryan from 1998 to 2002.

Ira Weiss is a partner at Hyde Park Venture Partners and a professor at the University of Chicago Booth School of Business, where he teaches entrepreneurship and tax strategy. Prior to his role at Hyde Park Venture Partners, Ira was a partner at RK Ventures, a NY-based pledge fund. Ira’s primary investing interests are technology-enabled consumer and business services and healthcare IT. Ira started his career as an accountant at Coopers and Lybrand, and received both his MBA and Ph.D. from the Booth School of Business.

Webcast details:
11:45 am - 1:00 pm

IVCA Members: Free to attend
Non-Members: $50


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