KPS Founder Michael Psaros Funds Capital Markets Center in Georgetown

Michael Psaros, co-founder and managing partner of the $13.1 billion private equity firm KPS Capital Partners LP, has not forgotten his alma mater or the mentor who backed him up.

Mr. Psaros and his family are pledging $11 million to endow the new Psaros Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business. Mr. Psaros graduated with a Bachelor of Science in Business Administration from the school in 1989. Mr. Psaros has been a longtime supporter of the school. He is a member of the Georgetown Board of Trustees and Vice Chairman of the Executive Committee of the McDonough School Advisory Board.

In October, Mr. Psaros and his family donated $3 million to endow the Orthodox chaplaincy of Ecumenical Patriarch Bartholomew of Georgetown to support a full-time Orthodox Christian chaplain.

And more than a decade ago, the Psaros family provided seed money to establish a Financial Markets and Policy Center at the business school.

The most recent donation is designed to support the Psaros Center’s goal of providing objective, research-driven advice at the intersection of finance and policy. Mr. Psaros’ mentor, Reena Aggarwal, Robert E. McDonough professor of finance, is also director of the Psaros Center.

“Mike’s gift is going to be transformational in enabling the center to realize its ambition and building Georgetown’s ability to provide thought leadership that directly impacts current and future financial policy,” Ms. Aggarwal said in a statement. hurry.