Think Long Committee for California
Gerald Parsky serves as Chairman of Aurora Capital Group, a Los Angeles based investment firm formed in 1991 that acquires and builds companies in partnership with operating management. By combining strong management, sufficient capital and careful industry selection, Aurora and its management partners continue to create growing, competitive companies in a variety of U.S. based industries. Gerald Parsky also serves on the investment committee of Aurora Resurgence, a Los Angeles based private equity firm investing in the debt and equity securities of struggling middle market companies.Gerald Parsky has served as chairman of the Board of Regents of the University of California, as well as several sub-cabinet positions under Richard Nixon and Gerald R. Ford. He has received appointments from each of the past five Republican administrations. His service has included positions at the U.S. Departments of Treasury and Energy (Nixon); as Assistant Secretary for International Affairs with the U.S. Department of Treasury (Ford); the President’s Council on Productivity (Reagan); the President’s Export Council (George H.W. Bush) and the President’s Commission to Strengthen Social Security (George W. Bush). He received the Alexander Hamilton Award from the U.S. Treasury Department, the highest award for a Treasury official. Gerald Parsky serves as a Trustee to both the Ronald Reagan Presidential Foundation and the George (H.W.) Bush Presidential Library Foundation in Texas.Appointed to a 12 year term as Regent of the University of California by Governor Pete Wilson, Gerald Parsky was elected unanimously by his peers to serve as their Chairman. He oversaw the Regents’ governance of the university’s vast array of endeavors including oversight and negotiations on behalf of the U.S. nuclear labs at Los Alamos and Lawrence Livermore, student admissions, expansion of the U.C. Merced campus, as well as budget and fiscal issues including pension plans for the faculty and staff of one of the finest public institution of higher education in the country.In this role, he led efforts to professionalize the management and oversight of the UC Retirement System. In the process, it became clear that it was not prudent to continue a policy adopted in 1990 whereby members did not contribute to the UC Retirement Fund, and Gerald Parsky helped convince the Regents to change that policy.Gerald Parsky holds a Juris Doctor degree from the University of Virginia Law School and a bachelor of arts in English from Princeton University in New Jersey.