Notre Dame Receives $20 Million From Alumni for Investment Institute

Notre Dame Receives $20 Million From Alumni for Investment Institute

The University of Notre Dame has announced a $20 million gift from alumni James Parsons and Carrie Quinn to endow a new investment institute in the Mendoza College of Business.

The Notre Dame Institute for Global Investing will advance investment-management research and educational outreach on a global scale by leveraging the school’s finance faculty, innovative finance curriculum, and extensive strategic partnerships. The institute's goals include expanding internship and career placement opportunities; leveraging key partnerships among the college, the Notre Dame Investment Office, and the university’s extensive alumni network; furthering faculty research and thought leadership; attracting prospective finance faculty; and adding depth and breadth to Mendoza’s finance curriculum. Associate professor of finance Shane Corwin, has been named the inaugural director of the institute.

Parsons, who earned his bachelor’s degree in finance from Notre Dame and an MBA from Harvard University, is the founder of and portfolio manager at Junto Capital Management. Quinn, a graduate of Notre Dame and Tufts University Medical School, is an assistant clinical professor of pediatrics at Mount Sinai Hospital and executive director of the Mount Sinai Parenting Center. In 2010, the couple made a $5 million gift to endow the directorship of Notre Dame's Boler-Parseghian Center for Rare and Neglected Diseases.

"The Notre Dame Institute for Global Investing provides that vital nexus for research, the classroom, our alumni, and other partners so that we can leverage all of it for a greater impact than the sum of its parts," said Roger D. Huang, the Martin J. Gillen Dean of the Mendoza College of Business. "I'm confident that the institute will enable us to expand opportunities for our stakeholders — especially for our students — and become a significant thought leader in the global investment community."