Business Schools Benefit from Grateful Alums

NEW YORK — Two heavy-hitters from Wall Street have opened up their purse strings and made hefty donations to the colleges where they attended.
 
Henry Kravis, co-founder of the private equity firm Kohlberg Kravis Roberts, has announced a donation of $100 million to Columbia Business School, his alma mater.
 
The announcement donation comes just days before Mike Farrell, CEO and president of Annaly Capital Management, a residential mortgage real estate investment trust, pledged $10 million to develop a new building for the Sch

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