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The Boston Globe

Metro

Financier donates $30m to Harvard University

A prominent financier has given $30 million to Harvard University, his alma mater, to support academic initiatives and modernize the residential house system for undergraduates, the school announced Wednesday.

Glenn Hutchins, the cofounder of Silver Lake, among the world’s largest technology investment firms, made the contribution through his family foundation. The gift will launch a fund designed to spur other contributions through a matching system.

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