Alabama State University partners with Wall Street firm Neuberger Berman in a $125M endowment, making it the largest partnership for a public HBCU.

Alabama State University partners with Neuberger Berman, a Wall Street firm, in the largest such partnership for a public HBCU, managing a $125M endowment. ASU President Quinton T. Ross Jr. calls it a "blessing" and expects the partnership to provide long-term stability and scholarships for students. Finance major Kayleigh Dunn benefits from the partnership with a summer job at Neuberger Berman.

May 17, 2024
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