Financier David Tepper has donated $67-million to Carnegie Mellon University to support construction of a new cluster of academic buildings, reports the Pittsburgh Post-Gazette.
The David A. Tepper Quadrangle will be home to the Pittsburgh campus’s business school, which was named for Mr. Tepper after he and his wife, Marlene, donated $55-million in 2004. The new contribution, which the school called an “establishing gift” for the $201-million quad project, is from his charitable foundation.
Mr. Tepper, who earned a master’s degree in industrial administration from Carnegie Mellon in 1982, is the founder and president of New Jersey-based hedge-fund firm Appaloosa Management.
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