Hans Hufschmid, a UCLA Anderson School of Management alumnus and longtime supporter of the school, has donated $3 million to establish the Hans Hufschmid Chair in Management.
The gift from Hufschmid, co-founder and former chair and CEO of GlobeOp Financial Services, will create an endowed fund to help provide ongoing support for the research and teaching efforts of a distinguished UCLA Anderson faculty member.
"Our faculty are the cornerstone for the thought leadership that emanates from Anderson, whether in the classroom or through research that has impact," said UCLA Anderson dean Judy Olian. "Hans' generous gift helps further that work and ensures that luminary faculty will be attracted to, and retained at, the school. We're especially grateful to Hans and his family for their generous gift."
The holder of the newly endowed chair in management will be a faculty member specializing in finance, entrepreneurial behavior, strategic leadership, IT operations or global markets.
Hufschmid cited the influence of his UCLA Anderson experience on his career as a driver of his gift.
"The financial training I received at UCLA Anderson and my experiences there were pivotal in shaping my professional career," he said. "It's gratifying to be able to give back and to know that this gift will help the school for generations to come."
In 2000, Hufschmid became a founding partner of GlobeOp Financial Services, a leading fund administrator that provides the world's most comprehensive array of financial technology products and services under a public, independent, single platform. As the chair and CEO, Hufschmid helped build and expand the company, adding more than 2,500 employees across New York, London and India. In June 2012, GlobeOp was acquired by SS&C Technologies Holdings; the combined entity is one of the financial market's leading fund service providers, offering complete life-cycle capabilities for hedge funds, fund of funds, private equity and managed account managers, and servicing more than 6,700 funds with a combined $424 billion in assets under management.
Prior to his work at GlobeOp, Hufschmid was a principal at Long-Term Capital Management (LTCM) and co-head of its London office. He also served on LTCM's risk-management and management committees. He previously spent 10 years with Salomon Brothers Inc. in London and New York, the last four as global head of foreign exchange sales and trading.
Hufschmid received his M.B.A. from the UCLA Anderson School of Management in 1985, after earning a bachelor's degree in business administration from the University of Southern California.
The UCLA Anderson School of Management is among the leading business schools in the world. UCLA Anderson faculty members are globally renowned for their teaching excellence and research in advancing management thinking. Each year, UCLA Anderson provides a distinctive approach to management education to more than 1,800 students enrolled in its M.B.A., fully-employed M.B.A., executive M.B.A., global executive M.B.A. for Asia Pacific, global executive M.B.A. for the Americas, master of financial engineering, doctoral and executive education programs. Combining selective admissions, varied and innovative learning programs, and a worldwide network of 35,000 alumni, UCLA Anderson develops and prepares global leaders.