Lunch time Conversation with Cook County Assessor, Fritz Kaegi and Gail Luxenberg, '00.
This is part of a series on how COVID and social upheaval are impacting our lives. Today's conversation points to how structural issues in property valuations create large social inequities. Kaegi's office is working to combat the inequitable burden on Cook County residents using a data driven approach.
Zoom information will be shared after registration.
Fritz Kaegi (Speaker)
Cook County Assessor
Fritz Kaegi is the Cook County Assessor, an elected executive office that values most real estate in the USA's second-largest county. He was inducted into office on December 3, 2018. The Chicago Tribune Editorial Board called his election: "A rare toppling of the machine."
Fritz's campaign focused on making this office ethical, transparent, and fair through better use of data, modern valuation techniques, and a commitment to stewardship. In the primary, he won the endorsement of six Democratic congressmen and defeated the incumbent and chair of the party. In the November general election, he won 1.3 million votes and 76% of the vote.
Fritz is an experienced global small- and mid-cap investor, having been senior portfolio manager of the US-focused $5bn Columbia Acorn Fund and the Columbia Acorn Emerging Markets Fund, and an analyst covering emerging markets. In these roles he visited more than 1000 companies in over 40 countries. While at Morningstar's equity research group in 2002-4, he helped create the firm's proprietary ROIC-driven DCF valuation model and corporate governance evaluation system.
Raised in Chicago's Hyde Park neighborhood and a graduate of Kenwood Academy, he majored in Political Science and Economics at Haverford College and was awarded a Thomas J. Watson Fellowship to spend 1993-94 in Russia, the Baltics, and Central Asia. After working in Russia and then receiving his MBA from Stanford Business School in 2001, Fritz returned to Chicago. He is a partner with Social Venture Partners Chicago, which makes multi-year capacity-building and financial commitments to non-profits focused on social change and reducing poverty
He lives in Oak Park with his wife, Rebecca, and his three children.
Gail Luxenberg (Moderator) '00
Executive Search Tuft & Associates
Gail's career is in nonprofit management most recently as the CEO of Habitat for Humanity (Seattle), Executive Director and CEO of Marcus JCC (Atlanta), and Executive Director Jewish Vocational Service (Chicago). Gail currently consults with Tuft & Associates to help nonprofits staff for success.