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UPenn donor withdraws $100M donation after president’s congressional testimony on antisemitism – Fox Business

UPenn donor withdraws $100M donation after president’s congressional testimony on antisemitism – Fox Business

A major donor to the University of Pennsylvania is withdrawing a donation worth roughly $100 million as a protest against the college’s handling of antisemitism on campus and the controversial testimony by Penn’s president on the subject.Ross Stevens, founder and CEO of Stone Ridge Asset Management, donated to Penn in 2017 a gift that consisted of partnership units in the firm which are now valued at around $100 million to help the university establish a financial innovation center. Attorneys for Stevens sent the university a letter indicating the school violated Stone Ridge’s limited partnership agreement through its failure to adhere to… 

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