- The University of Cambridge is to receive a record-breaking £190 million donation from investor Chris Rokos, marking what is believed to be the largest single contribution ever made to a British university in modern times.
- This significant funding will be used to establish the new Rokos School of Government, with an initial £130 million provided by Mr Rokos, complemented by up to a further £60 million that will be matched by the university.
- Chris Rokos, a billionaire hedge fund manager, expressed his desire to 'give something back to Britain' following his transformative education, hoping the school will enhance the UK's global soft power.
- The Rokos School of Government is designed to prepare future political leaders for both domestic and international politics, with operations set to commence in autumn 2026 from temporary facilities before moving to a dedicated building in the Cambridge West Innovation District.
- A trust will be established to oversee the financial commitments, with Mr Rokos and the university each appointing two representatives to manage its affairs, ensuring collaborative governance of the new institution.
IN FULL
Billionaire hedge fund manager donates £190m to Cambridge University
