California State University-Fullerton said it received $1.5 million from Jeffrey Van Harte to start an investment management center and expand a student-managed investment fund.
Van Harte is chairman and chief executive of San Francisco-based equity manager Jackson Square Partners LLC and a 1980 graduate of CSUF’s business program.
The money is for the Applied Securities Analysis Program, which includes a student-managed investment fund where participants learn securities analysis and invest real money, with proceeds going to the tutoring center at CSUF’s Mihaylo College of Business and Economics.
Students donated $5,000 from the program to the tutoring center last spring, CSUF said.
Van Harte launched the program with an initial donation of $100,000 in 2011.
The latest gift will also pay for Titan Capital Management, a new investment management center to include a building that, among other elements, will have a simulated trading floor, as in large financial institutions.
Mihaylo Dean Anil Puri said Van Harte’s support of the program was “invaluable.”
Van Harte said among its other benefits the gift would double the number of students involved in the program and create an endowment for its future growth.