New York (HedgeCo.net) – Hedge fund manager David Harding has given a £20 million ($32.1 million) grant to a Cambridge University physics lab, according to Cambridge News.
“Cambridge has a slogan: ‘The Freedom to Discover’ and I am hoping I can give the scientists of the Cavendish more freedom to discover.” Harding said in an interview with Cambridge, “I want to encourage research to keep the skies blue.”
The Nobel Prize-winning research center is working on sustainable energy by to meet the growing demand on natural resources. The donation is the largest ever received by the Cavendish Laboratory, which has 29 Nobel prize winners including James Watson and Francis Crick (DNA), Ernest Rutherford (radioactivity) and Dorothy Hodgkin (structure of Vitamin B). – via Cambridge News
Harding manages the $250 million hedge fund, Winton Capital Management, is a theoretical physics graduate and currently on the list of the top 10 richest UK hedge fund managers.
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