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Michael Flaherman

Visiting Scholar, Center on Governing & Investing in the Future

Michael Flaherman

Areas of Expertise

  • Budget/Finance
  • Public Employee Pensions


Michael Flaherman is a visiting scholar at the Goldman School of Public Policy's Center on Governing & Investing in the Future, where he conducts research into investment issues affecting public pension funds and other governmental investors.

Previously, he was a network fellow of the Safra Center for Ethics at Harvard University, where he conducted research into tax and securities regulation issues in finance. Earlier in his career, Mr. Flaherman worked in finance. He held senior roles at New Mountain Capital, a New York-based private equity firm, from 2003 through mid-2014. From 2011 through 2014, Mr. Flaherman was also a senior advisor to Lyrical Partners, L.P.  

Prior to New Mountain, Mr. Flaherman served for eight years, beginning in 1995, on the board of the California Public Employees' Retirement System (CalPERS), the largest pension fund in the U.S. In that role, he also served as chairman of the CalPERS board's investment committee for his last three years there.  Prior to CalPERS, Mr. Flaherman worked in the infrastructure sector and held several positions in government and the private sector related to the management and planning of public transportation systems. 

He has a master's degree in city planning from MIT and an A.B. in government from Harvard College. Mr. Flaherman resides in San Francisco with his family.