The University of Chicago has announced a $60 million gift from alumni Clifford Asness (MBA’91, PhD’94) and trustee John Liew (AB’89, MBA’94, PhD’9) in support of the Booth School of Business and its Master in Finance program.
In recognition of the commitment, the program will be renamed the Asness and Liew Master in Finance Program. Chicago Booth welcomed the first students into the 15-month program this August.
Asness and Liew are the co-founders of global investment management firm AQR. Their previous support for to the school includes investments in junior faculty fellowships, the Kent A. Clark Center for Global Markets, and establishment of the AQR Capital Management Professorship.
“I’m grateful to John and Cliff for their generous support of the university,” said UChicago president Paul Alivisatos. “Their contributions will not only allow future generations to experience the value of a Booth education, but also fortify this new pathway to earning a degree—offering more students the chance to pursue this opportunity at earlier stage in their academic and professional journeys than they might otherwise.”
(Photo credit: Getty Images/CHARTCHAI KANTHATHAN)
