Key Takeaways
- • Scott Shleifer, who built Tiger Global Management's private equity business, and his wife have pledged $20 million to the University of Pennsylvania, according to Opalesque.
- • The gift is earmarked to support student financial aid at the university.
- • The donation is a philanthropic commitment from a prominent alternative-investment figure and does not involve a fund launch, allocation, or market transaction.
Summary
Scott Shleifer, who built the private equity business at Tiger Global Management, and his wife have pledged $20 million to the University of Pennsylvania, according to a report published by Opalesque. The gift is intended to support student financial aid at the Ivy League institution.
The source article is brief and does not provide additional details on the timing of the disbursement, the structure of the pledge, or the specific financial aid programs that will receive the funds. Shleifer's background in building Tiger Global's private equity operation places the donation within the broader pattern of philanthropy by senior figures in the alternative investment industry, though the report does not characterize the gift beyond its stated purpose.
The source article is brief and does not provide additional details on the timing of the disbursement, the structure of the pledge, or the specific financial aid programs that will receive the funds. Shleifer's background in building Tiger Global's private equity operation places the donation within the broader pattern of philanthropy by senior figures in the alternative investment industry, though the report does not characterize the gift beyond its stated purpose.
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