Caxton's Kovner Gives $20 Million To Juilliard

Jan 17 2012 | 10:48am ET

Caxton Associates founder Bruce Kovner has made one of the largest donations in the history of the Juilliard School to endow its early-music program.

Kovner, who serves as chairman of the board at—arguably—the country's most prestigious school of music—will announce the $20 million gift today. The money will be used to fund Juilliard's graduate historical performance program.

Kovner, who retired from Caxton last year, has been giving as much as $1 million a year to the program for the last three years, to finance its curriculum development. Six years ago, he gave the school a major collection of music manuscripts.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...