Leon Cooperman ’67, chairman and CEO of Omega Advisors and a member of Columbia Business School’s Board of Overseers, has pledged a gift of $25 million to support the construction of the School’s new home in Manhattanville.
The gift is the second largest donation in support of the cutting-edge facilities, which will be part of Columbia University’s expansion just north of its Morningside Heights Campus, the university said.
The gift is the second largest donation in support of the cutting-edge facilities, which will be part of Columbia University’s expansion just north of its Morningside Heights Campus, the university said.
Henry R. Kravis ’69, cofounder, cochairman, and co-CEO of Kohlberg Kravis Roberts & Co. (KKR) and cochair of the School’s Board of Overseers, pledged $100 million for the project in October 2010.
In 2007, Cooperman established the Cooperman Scholarship Challenge, which helped to create more than 40 need-based scholarships. He also created the Leon Cooperman Scholarship in 2000 to support students who need financial assistance, with preference given to graduates of New York City public schools; the scholarship currently supports seven MBA students. In 1995, he endowed the Leon Cooperman Professorship of Finance and Economics, a chair held by Professor Geert Bekaert since 2000.
The School’s Manhattanville Campus — designed by New York architecture firm Diller Scofidio + Renfro — will reflect the fast-paced, high-tech, and highly social character of business in the 21st century, according to Columbia Business School. The new buildings will encompass approximately 450,000 square feet, resulting in a net additional 170,000 square feet. The facilities will create multi-functional spaces that foster a sense of community — spaces where students, faculty members, alumni, and practitioners can gather to exchange ideas.
Source: Columbia Business School
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