Deals
Blackstone's David Calhoun Gives $20 Million to Virginia Tech
- Calhoun graduated from the public university in 1979
- Gift will help students address interdisciplinary challenges
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A Virginia Tech alumnus and private equity executive is giving $20 million to the public school to fund scholarships and help students gain interdisciplinary skills, such as those needed to address issues surrounding driverless cars.
The donation from David Calhoun, 60, senior managing director for Blackstone Group LP and former chief executive officer of Nielsen Holdings NV, will be announced Tuesday at the school in Blacksburg, known formally as Virginia Polytechnic Institute and State University.