Stephen A. Schwarzman Foundation Donates £150 Million to Oxford University
06.19.19
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The Firm represented Blackstone Chairman and CEO Stephen A. Schwarzman’s foundation in connection with the foundation’s £150 (US$188) million grant to Oxford University. The grant will create the Stephen A. Schwarzman Centre for Humanities, which will serve as a dynamic hub dedicated to the humanities and performing arts, and will also be the home to Oxford’s new Institute for Ethics in Artificial Intelligence. This grant marks the single largest donation to the University since the Renaissance.
The gift received media coverage in Bloomberg, The Financial Times, The New York Times and The Wall Street Journal.
The Simpson Thacher team includes David Shevlin, Jennifer Franklin, Maura Whelan and Jennifer Obus.