Henry Kravis pledges $100M to Columbia

October 6, 2010 4:56:40 AM PDT
Investor Henry Kravis has pledged $100 million to his alma mater, Columbia Business School.

Kravis is co-founder, co-chairman and co-CEO of a global investment firm, Kohlberg Kravis Roberts & Co.

He also founded the New York City Investment Fund. Its mission is to create jobs and help sustain small inner-city businesses in New York.

Columbia Business School said in a statement Tuesday that it's the largest gift in the school's history.