Hedge-Fund Manager Donates $60-Million to Stony Brook University in N.Y.

James H. Simons, a hedge-fund manager, is giving Stony Brook University, in New York, a $60-million gift to be used for a center on geometry and physics, The New York Times reports.

Mr. Simons, a former math professor, served as chairman of the university's mathematics department from 1968 to 1976 before he founded an investment-management firm, Renaissance Technologies.


Mr. Simons, and his wife, Marilyn, had previously donated nearly $40-million to the university.

Full-text article by Karen W. Arenson is available via the New York Times, 2.27.08.