PHILADELPHIA -- The Wharton School of the University of Pennsylvania is pleased to announce a $12 million gift from Bruce Jacobs and Kenneth Levy, classes of 1986 and 1982. The gift will include $10 million to establish the Jacobs Levy Equity Management Center for Quantitative Financial Research and $2 million to fund the Wharton-Jacobs Levy Prize for Quantitative Financial Innovation. This commitment marks one of the largest gifts to The Campaign for Wharton, the school’s ambitious $550 million fundraising effort.

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