KSU announces $1 million donation for business school project

09/11/2013 9:22 AM

09/11/2013 9:23 AM

A $1 million donation to support a College of Business Administration project has been announced by Kansas State University.

Jeff Gates, a New York City asset manager and a 1984 graduate of K-State, is providing the money as part of the university’s capital campaign to fund a 140,000-square-foot building project that would include classrooms, a large lecture hall, computer labs, a financial research lab and an executive conference room, according to a news release from the university.

Gates is president of Gates Capital Management, a New York City-based event-driven asset manager advising firm.

“It's time to increase the aesthetics and functionality of our business school's physical environment to a level commensurate with the quality of forward-looking leadership and programs,” Gates said in a statement. “We need to evolve with the way people interact and work together to remain competitive long term. This plan for evolution merits capital allocation by alumni.”

Gates, who earned a master’s in business administration from The Wharton School at the University of Pennsylvania in 1988, is a member of the KSU dean’s advisory council for the College of Business Administration and is a trustee of the KSU Foundation.

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