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☆ Apollo Global CEO Marc Rowan on Paramount merger talks, investing in private markets
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApollo Global CEO Marc Rowan on Paramount merger talks, investing in private marketsMarc Rowan, Apollo Global CEO, joins 'Squawk on the Street' to discuss the company's partnership with Sony in merger talks with Paramount, importance of private markets for investors, state of private credit, rise of college campus protests, and more.

Persons: Marc Rowan Organizations: Apollo, Paramount, Apollo Global, Sony

☆ Watch CNBC's ful linterview with Apollo Global CEO Marc Rowan
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's ful linterview with Apollo Global CEO Marc RowanMarc Rowan, Apollo Global CEO, joins 'Squawk on the Street' to discuss the company's partnership with Sony in merger talks with Paramount, state of the private market, private credit, rise of college campus protests, and more.

Persons: Marc Rowan Marc Rowan Organizations: Apollo Global, Sony, Paramount

Brown’s agreement will let students make their case and then have the Brown Corporation, the university’s governing body, vote on the matter in October. But Dr. Paxson’s initial offer did not include bringing a divestment proposal to a vote. That came after two university negotiators and six students involved with the Brown Divest Coalition, one of the groups behind the movement, reached a deal on Tuesday, the university and several students said. The agreement immediately gave the university control of its facilities in time to allow students to finish classes and hold in-person graduation ceremonies and an alumni reunion this month. One donor, an investor who has made sizable contributions to the university and describes himself as a supporter of Israel, said members of the administration had assured him that Brown wouldn’t ultimately divest from Israel.

Persons: William A, Marc Rowan, Christina H, Paxson, Brown, Brown wouldn’t Organizations: Wall Street titans, Democratic Party, Republican, Harvard University, University of Pennsylvania, Brown Corporation, Coalition Locations: Israel, Gaza

☆ Billionaire Columbia donor Leon Cooperman slams student protesters
▼ + stars: | 2024-04-23 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Leon Cooperman, a billionaire Columbia donor, weighed in on the crisis on the university's campus. Unlike the megadonor Robert Kraft, Cooperman said he's not pulling his donations. AdvertisementThe Wall Street titan Leon Cooperman is the latest billionaire to weigh in on student protests over Israel's war in Gaza. But unlike the megadonor Robert Kraft, Cooperman said he'd continue to give to Columbia even as he trashed student demonstrators. Kraft said he'd continue to support the school's Kraft Center for Jewish Student Life, which is named after him.

Persons: Leon Cooperman, Robert Kraft, Cooperman, he's, —, he'd, Israel, Turkey —, Nemat, Shafik, Peace —, Goldman Sachs, Kraft, megadonors, Marc Rowan, Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Liz Magill Organizations: Service, CNBC, Columbia University, Columbia, Hamas, Capitol, — Columbia, Apartheid, Columbia Students, Justice, Jewish, Peace, New York City Police Department, Barnard College, Columbia Business School, Hunter College, Kraft, Patriots, school's Kraft Center for Jewish, Cooperman, Yale, New York University, Harvard, University of Pennsylvania Locations: Columbia, Gaza, Cooperman, Bronx, Israel, United States, Cyprus, Jordan, Turkey, Palestine

☆ How Wealthy Investors Got Rich Looting America's Needy Hospitals
▼ + stars: | 2024-03-11 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +21 min

That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.

Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's

☆ At Penn, Tensions May Only Be Growing After Magill’s Resignation
▼ + stars: | 2024-01-29 | by ( Stephanie Saul | ) www.nytimes.com time to read: 1 min

Campus protests are not usually aimed at a single person. But last week at the University of Pennsylvania, professors staged a rally targeting Marc Rowan, the New York private-equity billionaire. A Penn alumnus and a major benefactor of the university, Mr. Rowan deployed his formidable resources in a relentless campaign against Penn’s president, M. Elizabeth Magill, leading to her resignation in December. Mr. Rowan sent a four-page email to university trustees titled “Moving Forward,” which many professors interpreted as a blueprint for a more conservative campus. Amy C. Offner, a history professor who led the protest, called the document a proposed “hostile takeover of the core academic functions of the university.”

Persons: Marc Rowan, Rowan, Elizabeth Magill, Amy C, ” Organizations: University of Pennsylvania, New, Penn Locations: New York

☆ Harvard, Penn and MIT presidents to testify before Congress on antisemitism
▼ + stars: | 2023-11-28 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —The presidents of Harvard University, MIT and the University of Pennsylvania are scheduled to testify before Congress next week at a hearing on antisemitism on campus, lawmakers announced Tuesday. “College and university presidents have a responsibility to foster and uphold a safe learning environment for their students and staff. Now is not a time for indecision or milquetoast statements.”According to the House committee, the hearing will include testimony from Harvard President Claudine Gay, MIT President Sally Kornbluth and Penn President Liz Magill. “President Gay looks forward to sharing updates and information on the university’s work to support the Harvard community and combat antisemitism,” Harvard spokesperson Jason Newton said in a statement to CNN. Last weekend three Palestinian college students were shot in Burlington, Vermont.

Persons: Virginia Foxx, ” Foxx, Claudine Gay, Sally Kornbluth, Liz Magill, Gay, ”, Jason Newton, “, Magill, Penn, ” Penn, Steve Silverman, Marc Rowan, Dick Wolf, Jon Huntsman, Leon Cooperman, Israel, Nir Barkat Organizations: New, New York CNN, Harvard University, MIT, University of Pennsylvania, Education, Israel, Republican Rep, “, “ College, Penn, Harvard, CNN, Columbia, Ivy League, of Education, Cornell University , Columbia Locations: New York, Israel, Burlington , Vermont

☆ Top Israeli official has a warning for US universities
▼ + stars: | 2023-11-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Nir Barkat, Israel’s minister of economy and industry, is warning American universities to crack down on antisemitism. “You’re going to see many funders of Ivy League and other universities shy away from that behavior,” he said. The Israeli official said there must be an attitude change and a willingness to “fight them everywhere – including on the campuses.”“Terror is multiplication. You multiply the will to create terror and the ability to create terror,” Barkat said. The Israeli official praised President Joe Biden for “unwavering support,” including his wartime visit to Israel.

Persons: New York CNN — Nir Barkat, ” Barkat, Barkat, “ You’re, ”, Marc Rowan, Jon Huntsman, Dick Wolf, Edgar Bronfman , Jr, Liz Magill, ” Magill, “, Joe Biden Organizations: New, New York CNN, “ Schools, CNN, Ivy League, University of Pennsylvania, FBI, Columbia, Harvard, “, Columbia University, Penn, Israel Locations: New York, Manhattan, United States, Israel, Barkat, Washington

☆ Edgar Bronfman, Jr., slams UPenn leaders for ‘morally bankrupt’ response to Hamas terror attack on Israel
▼ + stars: | 2023-11-13 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Private equity executive Edgar Bronfman, Jr., whose family includes well-known supporters of Israel, is calling for the leaders the University of Pennsylvania to step down due to their response to the Hamas terror attacks against Israel, CNN has learned. College campuses have experienced a surge in tensions since the October 7 terror attack by Hamas and as the Israel-Hamas war continues. Last week, UPenn said it alerted the FBI to a series of threatening antisemitic emails sent to university staff. UPenn declined to comment on the Bronfman email. “This blurring of Hate speech as free speech is exactly what the University has enabled – even encouraged,” Bronfman wrote.

Persons: Edgar Bronfman , Jr, Bronfman, Liz Magill, Scott Bok “, “, ”, ” Bronfman, Magill, Marc Rowan, Dick Wolf, Jon Huntsman, Cliff Asness, Bok, UPenn, ” Magill, –, Edgar Bronfman Sr Organizations: New, New York CNN, University of Pennsylvania, CNN, Ivy League, “, Penn, Wharton , New York University, Bard, Harvard, Georgetown . College, FBI, University of Virginia, Waverly Capital, University, Warner Music Group, Seagram, Lauder Institute, Wharton, World Jewish Congress Locations: New York, Israel, Wharton ,, Palestine

☆ 'De-banking' is fueling private credit growth: Apollo CEO Marc Rowan
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'De-banking' is fueling private credit growth: Apollo CEO Marc RowanMarc Rowan, CEO of Apollo Global Management explains why private credit is benefiting from tighter banking regulation, and shares his expectation for a pick up in private equity deals.

Persons: Marc Rowan Marc Rowan Organizations: Apollo Global Management

☆ Hong Kong finance summit tiptoes around China
▼ + stars: | 2023-11-09 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +7 min

HONG KONG, Nov 9 (Reuters Breakingviews) - Hong Kong in November enjoys a pleasant climate that some local managers dub “chairman weather”. Hong Kong is hardly a hot destination for financiers right now. Companies raised just $2.7 billion from initial public offerings in Hong Kong in the quarter, a fraction of previous years. Hong Kong officials including John Lee, the territory’s chief executive, have been sanctioned by the U.S.. Follow @peter_tl on XCONTEXT NEWSThe Global Financial Leaders’ Summit was held in Hong Kong from Nov. 6 to Nov. 8.

Persons: Marc Rowan, Colm Kelleher, Morgan Stanley, Goldman Sachs, David Solomon, Jane Fraser, Ken Griffin, Hong, John Lee, Eddie Yue, Kung, Zhang Qingsong, Bob Prince, Mark Wiedman, Apollo’s Rowan, UBS’s Kelleher, Joseph Yam, Una Galani, Thomas Shum Organizations: Reuters, Apollo Global Management, UBS, Monetary Fund, Companies, Citigroup, Citadel, Hong Kong Monetary Authority, Hong Kong’s HK, Exchange, People’s Bank of China, Bridgewater Associates, BlackRock, Goldman, Bank for International, Global, ’, Thomson Locations: HONG KONG, Hong Kong, Europe, U.S, China . Hong Kong, China, People’s Republic, Hong, British, Singapore, BLK.N, ”

☆ Private equity superstores overstock the shelves
▼ + stars: | 2023-11-08 | by ( Liam Proud | ) www.reuters.com time to read: +8 min

LONDON, Nov 8 (Reuters Breakingviews) - Private equity investors seem happier these days shopping for returns at specialty shops over supermarkets. U.S. private equity funds raised some $240 billion in the first nine months of 2023, according to research outfit PitchBook, 13% less than a year earlier. New York-based CD&R in August raised $26 billion for its 12th-generation private equity fund while Eurocentric CVC managed an even more eye-popping $29 billion in July. A better explanation, from the consultants who advise LPs on where to put their cash, is that private equity supermarkets may be cannibalising themselves. Until they can prove otherwise, the more scattered private equity superstores risk losing more ground to the specialists.

Persons: Clayton, Blackstone, Steve Schwarzman, Marc Rowan, don’t, Rowan, Rob Lucas, Blackstone’s, they’re, Lucas, Jeffrey Goldfarb, Thomas Shum Organizations: Reuters, Rice, CVC Capital Partners, Apollo Global Management, Blackstone Capital Partners IX, “, IX, CVC, Apollo, Blackstone, U.S, Thomson Locations: Dubilier, New York, Blackstone, Asia, Luxembourg, Europe, Americas

☆ More than 20 members of Congress send letter to UPenn over alleged failure to address antisemitism on campus
▼ + stars: | 2023-11-07 | by ( Manav Tanneeru | Jordan Valinsky | ) edition.cnn.com time to read: +3 min

The letter, dated November 1, comes after the college was accused by wealthy donors and alumni of alleged failure to condemn antisemitism and hate following the attack. A similar letter from Norman was sent the same day to other universities such as Yale, Columbia and Harvard. Controversy began when a multiday event took place in September on campus at UPenn called the Palestine Writes Literature Festival. “This is an incredibly challenging moment in the world, and we are feeling its reverberations on our campus,” Magill wrote. “We can and will do better to combat antisemitism and to reject hate in all its forms.”UPenn didn’t immediately respond for comment about the letter.

Persons: Liz Magill, –, Ralph Norman of, Nancy Mace, Nicole Malliotakis, Michael McCaul, Norman, “, ” Norman, UPenn, Marc Rowan, ” Rowan, Magill’s, ” Magill, UPenn didn’t, – CNN’s Matt Egan Organizations: New, New York CNN, University of Pennsylvania, Harvard, Apollo Global Management Locations: New York, Israel, Ralph Norman of South Carolina, South Carolina, Michael McCaul of Texas, Yale, Columbia, UPenn, ”

☆ UPenn notified the FBI about threatening antisemitic emails sent to university staff as wealthy donors threaten to pull funding
▼ + stars: | 2023-11-07 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

The University of Pennsylvania has involved the FBI after some staff received threatening antisemitic emails. AdvertisementAdvertisementThe University of Pennsylvania has notified the FBI about "vile" antisemitic emails sent to its university staff, amid the ongoing Israel-Hamas war and as donors threaten to pull funding. Penn Police also did a sweep of Penn Hillel and Lauder College House, but didn't find a credible threat at that point. AdvertisementAdvertisementPenn Hillel is the building where the activities of international Jewish campus organization Hillel are hosted at UPenn, while Lauder College House is a housing block. Other major donors to the university joined Rowan in pulling funding including former US diplomat Jon Huntsman, and billionaire businessmen Clifford Asness and Ronald Lauder, for whom Lauder College House is named.

Persons: —, Elizabeth Magill, Penn, Penn Hillel, Magill, Hillel, Apollo Global Management Marc Rowan, Scott Bok, Rowan, Jon Huntsman, Clifford Asness, Ronald Lauder, Asness, Bill Ackman, Ackman, Claudine Gay Organizations: University of Pennsylvania, FBI, Service, of Pennsylvania, Penn, Lauder College House, Penn Police, Jewish, Ivy League, Apollo Global Management, Rowan, Ivy League university, Harvard Locations: Israel, UPenn, Penn

☆ The Billionaire Donor Taking On His Alma Mater Over Antisemitism
▼ + stars: | 2023-11-04 | by ( Rachel Louise Ensign | ) www.wsj.com time to read: 1 min

When Marc Rowan ’s father died while he was a student at the University of Pennsylvania and the family could no longer afford tuition, the school told him he could finish paying whenever he was able. Rowan sent the university the money a few months after graduation, using his first bonus from his job as a junior investment banker at Drexel Burnham Lambert. Grateful for its generosity, he kept giving to Penn as he climbed to the pinnacle of Wall Street power. He donated $50 million to its Wharton school in 2018, the largest gift the business school had ever received at the time.

Persons: Marc Rowan ’, Rowan, Drexel Burnham Lambert Organizations: University of Pennsylvania, Drexel, Penn, Wharton

☆ Billionaire investor Marc Rowan accused of using Wall Street tactics to 'strong-arm' UPenn into leadership change amid antisemitism row
▼ + stars: | 2023-11-04 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Apollo CEO Marc Rowan halted his donations to UPenn over its response to Hamas' attacks on Israel. A Penn trustee accused Rowan of using aggressive Wall Street tactics to pressure the college. AdvertisementAdvertisementThe billionaire Marc Rowan was accused by a University of Pennsylvania trustee of using aggressive Wall Street tactics to put pressure on the college over its handling of campus antisemitism. Rowan has contacted "half of Wall Street" to discuss ways major donors can utilize their influence to try and bring about leadership changes at top schools, CNBC reported. Andy Rachleff, a trustee at Penn, told The Wall Street Journal that he saw Rowan's outspoken efforts as an attempt "to strong-arm the university using the classic Apollo playbook."

Persons: Marc Rowan, Penn, Rowan, —, Elizabeth Magill, Magill, Carolyn, Andy Rachleff, Bill Ackman Organizations: Ivy League, Service, University of Pennsylvania, Street Journal, Penn, CNBC, Wharton School's, Advisors, Wall Street Journal, Harvard, Pershing, Capital Management, Cornell Locations: Israel, UPenn, Penn, Gaza, Hamas

☆ Investor Steve Eisman tells Penn to take his name off scholarship as school faces criticism during Israel-Hamas war
▼ + stars: | 2023-11-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Longtime investor Steve Eisman is the latest Wall Street executive distancing himself from his alma mater, the University of Pennsylvania, as the school's leadership comes under criticism for whether it's doing enough to fight back against antisemitism following the start of the war between Israel and Hamas. "The Big Short" investor told CNBC's "Squawk Box" on Thursday that, after hearing fellow finance executive Marc Rowan was encouraging donors to close their checkbooks to Penn, he called the university and demanded his family's name be removed from a scholarship. "I do not want my family's name associated with the University of Pennsylvania, ever," Eisman said he told the university. Much of the frustration from donors is tied back to the Palestine Writes Literature Festival that took place on Penn's campus in September. Donors and fellow alumni signed an open letter to the university's leadership before the festival voicing their concerns about the event.

Persons: Steve Eisman, CNBC's, Marc Rowan, Eisman, Neuberger Berman Organizations: University of Pennsylvania, CNBC Locations: Israel, Penn, Palestine

☆ Wall Street titans help to fuel Ivy League donor revolt
▼ + stars: | 2023-11-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Billionaire Marc Rowan has been in touch with what one finance executive quipped was "half of Wall Street" about halting donations to some of the country's most prestigious universities, to protest the schools' responses to the Israel-Hamas war. The CEO of private equity giant Apollo Global Management belongs to a growing group of Wall Street executives speaking privately with fellow financiers about how to use their influence as major donors to pressure schools into making leadership changes. Rowan took part in a Zoom call Oct. 23 with dozens of wealthy donors to other Ivy League schools, including Yale University and Harvard University, according to those familiar with the call. One of the things they discussed was pausing their financial support for the schools, these people explained. Rowan was one of the final speakers on the call, where he raised his own issues about the school, this person explained.

Persons: Marc Rowan, Rowan, Bill Ackman, Ackman, David Magerman, Leon Cooperman Organizations: Apollo Global Management, Wall Street, Ivy League, Yale University, Harvard University, Penn Locations: Israel

☆ UPenn president Liz Magill launches plan to fight antisemitism after facing donor backlash
▼ + stars: | 2023-11-01 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —University of Pennsylvania President Liz Magill, facing a backlash from donors calling for her to resign, launched a new effort on Wednesday to fight antisemitism at the Ivy League school. “This is an incredibly challenging moment in the world, and we are feeling its reverberations on our campus,” Magill wrote in a letter to the Penn community on Wednesday. “The engagement of Jewish faculty, students, staff and alumni has been an important part of the success of Penn as a leading University,” Magill said. Magill condemned antisemitism broadly before that festival and noted that some speakers had a history of making antisemitic remarks. Organizers of the three-day-long Palestine Writes festival denied that it embraced antisemitism, according to UPenn student newspaper The Daily Pennsylvanian.

Persons: Liz Magill, Magill, ” Magill, “, Mark Wolff, UPenn, University of Pennsylvania Liz Magill Shutterstock “, I’ve, Marc Rowan, Rowan, Dick Wolf, Jon Huntsman, Cliff Asness, Penn, ” Rowan, Ronald Lauder, ” Wolf, ”, Vahan Gureghian, Gureghian, Scott Bok, ” Gureghian Organizations: New, New York CNN — University of Pennsylvania, Ivy League, Penn, University of Pennsylvania, Private, “, University, Apollo Global Management, CNN, Israel, Wolf Humanities Center, Daily, Magill Locations: New York, ”, Penn, Palestine, Israel

☆ Columbia University postpones major fundraiser amid tensions over Israel-Hamas war
▼ + stars: | 2023-10-25 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —Columbia University has postponed its massive Giving Day fundraising event scheduled for Wednesday amid simmering tensions on campus over the Israel-Hamas war. At Columbia, school officials took the rare step earlier this month of shutting the campus down to the public as two simultaneous rallies were held on school grounds. That decision came after the assault of a Columbia student who was hanging up posters on campus in support of Israel. In a statement on Tuesday, the alumni club of Israel said it is now “formally disengaged” from UPenn. We are reviewing this incident and will take any appropriate steps with respect to the individuals involved in accordance with university policies,” the university said.

Persons: “, Samantha Slater, ”, Minouche Shafik, Shai Davidai, Shafik, it’s, ” Davidai, “ Ben Franklin, Doc Hoch, Dalia Hope Levine, Liz Magill, Dick Wolf, Jon Huntsman, Cliff Asness, Marc Rowan, Rowan, Emil Woods, Magill, “ Penn, Penn, ” Woods, Rowan . Woods Organizations: New, New York CNN — Columbia University, Columbia, University, Columbia Business School, University of Pennsylvania, Penn Alumni Club of Israel, Ivy League, Palestine, CNN, “, George Washington University Locations: New York, Israel, Columbia, Gaza, America, UPenn, New Jerusalem, Jerusalem, Palestine, Washington , DC

☆ UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
▼ + stars: | 2023-10-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +20 min

Gottheimer criticized UPenn for including Waters and Hill as festival speakers in a letter posted the day after the University released its statement. “Situating those individual Palestinians and our allies in league with actual antisemites is wholly irresponsible and dangerous.”At the festival, speakers acknowledged the allegations of antisemitism and denied them. It said they were notified 48 hours before the event Waters wished to show up in person, but that would have required additional security unavailable at short notice. ‘Felt like home’Planning the Palestine Writes Literature Festival took endless hours, according to Abulhawa. Susan Abulhawa, a Palestinian-American writer and human rights activist, speaks at a 2014 Palestine Festival of Literature event at Qasr al Qassem on June 4, 2014 in Beit Wazan, near Nablus, West Bank.

Persons: Liz Magill, Magill, Penn, Roger Waters, Pink Floyd, Rogers, “, Anne Frank, ”, Waters, Andreas Arnold, demagogue, ” Waters, Tala, Fahmawi, Josh Gottheimer, Marc Lamont Hill, Gottheimer, UPenn, ” Hill, Hill, Susan Abulhawa, Amer Zahr, Abulhawa, Ronald Lauder, Marc Rowan, Rowan, Scott Bok, ” Abulhawa, Dalia Al, Ahmad, Palestine — Ibrahim Nasrallah, Elias Khoury, Mahmoud Shukair, Habayeb, Salman Abu Sitta, Mahmoud Darwish, it’s, ” Dalia Al, Viet Thanh Nguyen, Pulitzer, Gary Younge, Nguyen, Younge, Israel, Bernard Schwartz, 92NY, ” Nguyen, ‘, Rob Stothard, ” UPenn, David Magerman, Cliff Asness, Lauder, Dick Wolf, Jon Huntsman, Elizabeth Magill, John Jackson , Jr, ” Rowan, Ed Rendell Organizations: New, New York CNN, The University, Ivy League, CNN, Defamation League, ADL Philadelphia, Jewish Federation of Greater, Pink, US State Department, ADL, Democratic New Jersey Rep, University, Apollo Global Management, ” CNN, The Daily, UN, Assembly, Jewish Chronicle, New York, New York City Jewish, New York Times, Palestine, Palestinian, Facebook, West Bank, Student, Daily Pennsylvanian, Penn, Twitter, Venture, Law, Renaissance Technologies, University of Pennsylvania, CNBC Locations: New York, UPenn, Philadelphia, Israel, Jewish Federation of Greater Philadelphia, Magill, Germany, Nazi, Frankfurt, “ Palestine, Palestine, The, Europe, Canada, British, New, New York City, Palestinian, American, Qasr, Qassem, Beit Wazan, Nablus, West

☆ Ed Rendell: UPenn president Liz Magill made a 'mistake' but shouldn't be forced out
▼ + stars: | 2023-10-23 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

“I don’t think she is going to step down.”Magill did condemn antisemitism broadly before the Palestine Writes festival and noted that some speakers had a history of making antisemitic remarks. Indeed, some members of the UPenn faculty and even the UPenn Jewish community criticized Magill prior to the Sept. 22 Palestine Writes festival for being too critical of the event. Still, Magill’s handling of the Palestine Writes festival triggered a backlash from powerful donors in a campaign led by private-equity billionaire Marc Rowan. Organizers of the Palestine Writes festival denied that it embraced antisemitism, according to UPenn student newspaper The Daily Pennsylvanian. Given the controversy over the Palestine Writes festival, Rendell is calling for the creation of an independent commission that would approve whether outside groups can access the UPenn campus.

Persons: Ed Rendell doesn’t, Rendell, Liz Magill, ”, Magill, ” Rendell, “, ” Magill, Marc Rowan, Dick Wolf, Jon Huntsman, David Magerman, Cliff Asness, ” Wolf, Ronald Lauder, Lauder, UPenn, Huntsman Organizations: New York CNN Business — Former, University of Pennsylvania, Ivy League, UPenn, CNN, Israel, “, Wolf Humanities Center, Daily, University Locations: Palestine, UPenn, Israel, Utah, Pennsylvania

☆ 'Law & Order' creator Dick Wolf threatens to pull funding from UPenn unless president resigns amid Israel-Hamas response backlash, CNN reports
▼ + stars: | 2023-10-21 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Dick Wolf threatened to stop funding UPenn amid backlash over the school's Israel-Hamas response. Wolf, an alumnus, is calling on the school's president and chair of the board of trustees to resign. His main criticism stems from a Palestinian literature festival held at the school before the war began. Wolf also expressed dismay at the notion that the Wolf Humanities Center "contributed to this hate fest," CNN reported. Representatives for Wolf and the Palestine Writes Literature Festival did not immediately respond to requests for comment from Insider.

Persons: Dick Wolf, Wolf, —, Liz Magill, Magill, Scott Bok, Clifford Asness, Marc Rowan, I've, Israel, Bill Ackman, Les Wexner, Idan Ofer Organizations: Service, University of Pennsylvania, CNN, Ivy League, Daily, Wolf Humanities Center, Wolf Humanities, Apollo, Harvard, Harvard's Kennedy School of Government Locations: Israel, Palestinian, Palestine

☆ Billionaire donors are loudly boycotting Ivy Leagues. It may not hurt the schools as much as you think.
▼ + stars: | 2023-10-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

But the lost donations might not hurt the schools as much as you might think — at least when taken in isolation. The donors blasting Penn also have given sums that, by any standard, are enormous. Schools could battle a reputational blowUnless the pile-on keeps coming, which it very well might, these schools' bottom lines could be just fine. "As prominent donors withdraw support, other donors may take that as a signal of the loss of institutional focus on education, and these many smaller donors may decide that they too should withdraw support," he added. AdvertisementAdvertisementAt the same time, schools that shift their policies or statements in response to the backlash may be accused of pandering to donors.

Persons: —, Marc Rowan, alums, Huntsman, David Magerman, Clifford Asness, Ronald Lauder, Victoria's, Les Wexner, Michael Hemesath, Penn, Rowan, Lauder, Elizabeth Magill, Hemesath, Max Cavitch Organizations: Harvard, University of Pennsylvania, Service, Ivy League, Penn, Wexner Foundation, Carleton College, Saint John's University, Harvard Kennedy School of Government Locations: Israel, Wharton

☆ Law & Order creator Dick Wolf implores UPenn president to quit
▼ + stars: | 2023-10-20 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN Business —Dick Wolf, the creator of “Law & Order,” wrote a letter to Liz Magill pleading with her to step down as president of the University of Pennsylvania. “President Magill, I implore you and [chair of the board of trustees] Scott Bok to step down from your UPenn positions before any more unnecessary damage to UPenn,” Wolf wrote in the letter, obtained by CNN on Friday. Organizers of the Palestine Writes festival denied that it embraced antisemitism, according to UPenn student newspaper The Daily Pennsylvanian. In the days before the Palestine Writes festival, Magill was not just facing pressure from Lauder, Wolf and others who wanted the event scrapped. Three dozen members of the UPenn faculty also wrote to The Daily Pennsylvanian in support of the Palestine Writes festival.

Persons: New York CNN Business — Dick Wolf, ”, Liz Magill, Wolf, UPenn’s, Magill, Scott Bok, ” Wolf, UPenn, Bok, Israel, Marc Rowan, Jon Huntsman, David Magerman, Cliff Asness, Ronald Lauder, Lauder, ” “, ” Magill, ” Bok Organizations: New York CNN Business, “, University of Pennsylvania, UPenn’s Wolf Humanities, Ivy League, CNN, Wolf Humanities Center, Daily, University, Penn, Greenhill & Co Locations: Palestine, UPenn, Israel, Irish

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