The White House
appears set to pull Avenue Capital's Marc Lasry into
public service as U.S. ambassador to France. Is Boston
Provident's Orin Kramer next?
Kramer is one of two candidates
President Barack Obama is considering to be deputy
Treasury secretary, according to a
Bloomberg report. Kramer was
a top fundraiser for Obama
during the 2012 election campaign, bundling at least $500,000
in donations for the President.
Kramer declined to comment on the
According to Bloomberg, Obama is
also considering Raymond McGuire, the head of advisory
business at Citigroup, for the position under new Treasury
Secretary Jack Lew.
Kramer is founder and chief
executive officer at equity-focused Boston Provident, which
managed $193 million at yearend. Kramer has
a history in public service, including chairing the New Jersey
State Investment Council and
working for Presidents Bill Clinton and Jimmy
Bill Clinton: Marc Lasry
shoe-in for Ambassador to France