# Michael P. Lustig

![Michael P. Lustig profile photo](/sites/default/files/styles/480w_x_543h/public/media/mlustig.jpg?h=deddf6f6&itok=OtX6dbcp)

Adjunct Professor of Finance

Joined Stern 2017

[View/Download C.V.](https://w4.stern.nyu.edu/faculty/static/cv/cv_mlustig_20170829.pdf)

<mpl7@stern.nyu.edu>

Leonard N. Stern School of Business

Kaufman Management Center

44 West Fourth Street, 9-150

New York, NY 10012

## About Michael P. Lustig

Michael Lustig retired after a 25-year career on Wall Street, and now devotes the majority of his time and energies toward non-profit & impact-related enterprises.

Prior to retiring, Michael spent most of his career at BlackRock where he was a Senior Managing Director overseeing Structured Mortgage & Derivative Products trading, and was the portfolio manager overseeing the Federal Reserve's managed assets arising from their activities during the market crisis of 2008-9. He subsequently managed the Cash Collateral accounts for BlackRock’s Securities Lending business.

Michael serves on a number of non-profit Boards and is an impact investor on the Board of GigaWatt Global, a solar energy company that built the first large-scale grid-connected field in East Africa (with more in-process!), as well as maintaining several other corporate Advisory & Board positions. He has also curated a number of exhibits at The Society of Illustrators (the most recent one: <https://www.societyillustrators.org/exhibits/tony-harris>).

## Departments

- Finance

## Areas of Expertise

- Entrepreneurship
    - Sustainability
- Finance
    - Asset Management
    - Derivatives
    - Fixed Income
    - Hedge Funds
    - Mutual Funds/Pensions
    - Proprietary Trading
    - Risk Management
    - Valuation

## Courses Taught

- Debt Instruments and Markets (Office Hours: Wednesday 2:00 PM)

## Academic Background

- **B.A., Computer Science, Concentration in Art History, 1986**
    - Columbia University

## Awards & Appointments

- **Live With Purpose Award,** UJA-Federation of NY (2016)
- **Seixas Award,** Columbia/Barnard Hillel (2015)
- **Annual Conference Advisory,** CFA Institute (2015)
- **Pro Bono Award,** NY Legal Assistance Group (2013)

## Selected Publications

- **(2010)**
    - Investing in Mortgages: Past, Present, and Future
    - *CFA Institute Conference Proceedings Quarterly, December 2010, Vol. 27, No. 4, p.54-66*
- **(2007)**
    - Using Derivatives to Enhance Returns and Manage Risk
    - *CFA Institute Conference Proceedings Quarterly, June 2007, Vol. 24, No. 2, p.45-56*