Henry Laufer, chief scientist at hedge fund Renaissance Technologies Corp., and his wife, Marsha, have donated $10 million to Stony Brook University in Stony Brook, N.Y. Most of the money, $8 million, will go to establish a new interdisciplinary research center, according to a news release from the university.
The Louis and Beatrice Laufer Center for Computational Biology and Genome Sciences, named after Mr. Laufers parents, will house math, genetics, biochemistry, engineering and computer sciences experts who will work on making breakthroughs in biomedical research and health care, the news release said.
The remaining $2 million will provide scholarships for heath technology and management students, and support expanded programming at the universitys arts center.
Mr. Laufer was a professor of mathematics at Stony Brook University before moving in 1992 to Renaissance Technologies, which was started by Jim Simons, also a math professor at the university. Renaissance Technologies, East Setauket, N.Y., had $24.9 billion in assets under management as of Dec. 31, 2007. Ms. Laufer was a speech pathology faculty member at the university.
The university has played a pivotal role in our lives, Mr. Laufer said in the news release. And because of its international and well-deserved reputation as an institution both on the cutting edge of research in math and the sciences and one that fosters collaboration among traditional academic disciplines, it is the ideal place for this new center. Jennifer Byrd