Generous Columbia Alum Donates Additional $25 Million for New Manhattanville Campus
This post has been republished in its entirety from original source clearadmit.com.
Columbia Business School (CBS), already in the throes of a year-long celebration of its centennial anniversary, has even more cause to pop the champagne thanks to an additional influx of $25 million toward development of its new Manhattanville campus, the school announced on Friday. Billionaire private-equity investor Henry Kravis ’69, who in 2010 pledged $100 million toward CBS’s new campus, has upped his donation to $125 million, building upon the school’s significant fundraising momentum.
“Manhattanville will be transformative for the business school,” Kravis said in a statement, stressing the collaborative nature of how business is done today. “The business school is being designed to take advantage of [this], as well as have the flexibility to adapt to whatever changes are going to be necessary to teach business courses in the future,” he continued. Continue reading…