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The Boston Globe

Metro

Boston University set for $1 billion in fund-raising

Boston University is launching the public phase of its first full-fledged fund-raising campaign, a billion-dollar effort, with an 82-event alumni extravaganza Saturday, culminating in a Boston Pops concert at Agganis Arena.

In many respects, the public push is well timed. It follows seven years of financial and academic improve­ments at the school and two years of a “quiet phase” of fund-raising that has already raked in $420 million. On Friday night the school announced a major new donation: $10 million from Dubai-based entrepreneur Rajen ­Kilachand, on top of the $25 million he has already given, the largest donation in BU’s history.

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