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Hedge Fund Donation

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Ken Griffin gives Carnegie Mellon $3 billion, largest-ever U.S. university gift

Hedge fund CEO Ken Griffin is donating $3 billion to Carnegie Mellon University, the largest single gift ever made to a U.S. university. About $2 billion will fund a new 35-acre campus in Miami's Wynwood neighborhood for roughly 3,500 students, focused on areas like health, national security and energy, with construction starting next year. The remaining funds will split between renaming Carnegie Mellon's Pittsburgh computer science program after Griffin and other unspecified campus projects.