The Wharton School of the University of Pennsylvania has announced a $7.5 million gift from alumnus Larry Robbins to fund the renovation of the building housing its Jerome Fisher Program in Management and Technology and create a permanent endowed fund to support its operations and maintenance.

The renovated Larry Robbins Building will provide an environment in which undergraduates enrolled in the M&T program — a dual-degree track offered by the Wharton School and the School of Engineering and Applied Science — can interact academically and socially. Robbins' gift will support necessary restoration projects and upgrades, as well as the construction of new facilities, including a seminar room, student lounges and workrooms, computer stations, staff offices, a conference room, and a reception area. Robbins, who graduated from the program in 1992, is the founder of Glenview Capital Management, a hedge fund based in New Jersey.

"The Jerome Fisher Program in Management and Technology addresses a critical and current need to educate a new generation of global leaders and entrepreneurs adept in technology and business," said Wharton School dean Thomas S. Robertson. "Larry Robbins' gift will propel the program to new heights in scholarship, and thus will enable our graduates to better position themselves at the top of their fields."