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Art J. Samberg’s Second $25 Million Pledge to Columbia Business School

7/1/2014

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In June 2013, MBA graduate (class of 1967) Art Samberg pledged to donate $25 million to Columbia Business School to assist with the construction of a brand new campus in Manhattanville. The dean of Columbia Business School accepted the pledge from Arthur Samberg together with a further $15 million donation from 1967 graduate Mario J. Gabelli. Just one month earlier, Columbia Business School accepted an additional $100 million donation.

The design of the school’s Manhattanville campus will be carried out by Diller Scofidio + Renfro, a prominent New York architectural firm, together with FXFOWLE. The design is expected to fulfil the demands for a fast-paced business environment in the 21st century, with cutting-edge technology and innovation at the forefront.

This is not the first offer of financial assistance from Art J. Samberg; in 2002, he donated $10 million to Columbia Business School, a sum that was used to establish the Arthur J. Samburg Institute for Teaching Excellence. Additionally, Mr. Samberg offered a further $25 million to the school in 2006.                            
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    Art J. Samberg, owner of Hawkes Financial LLC (his family office vehicle), was the Chairman and Chief Executive Officer of what was, at one point, the largest hedge fund in the world before he decided to venture into the family investment sector. ​

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