KKR's Kravis Gives $100M To Build Columbia B-School Campus

Oct 6 2010 | 3:45am ET

Private equity billionaire Henry Kravis has donated $100 million to Columbia Business School, the largest donation in its history.

The gift from the Kohlberg Kravis Roberts co-founder will go towards building the school's new campus in upper Manhattan, about 10 blocks north of its current home on Columbia University's historic Morningside Heights campus. One of the two new buildings that will house the B-school will be named for Kravis, who earned his MBA from Columbia in 1969.

"We're not just constructing a building—we are creating a community of entrepreneurs," Kravis said. "I hope these new facilities will be a place where the entrepreneurial spirit thrives."

Work is already underway on what Columbia is calling its Manhattanville campus, which will not be completed for decades. But the Business School's two buildings, including the Kravis Building, are expected to be finished within six years, among the first built on the campus.

Kravis serves as co-chair of Columbia Business School's board of overseers.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of