Columbia Business School Reworks Curriculum

Art Samberg, a Columbia Business School alumnus and well-known hedge fund manager, has been honored for his generous donations to the school. In 2002, Art Samberg provided a gift that made it possible for Columbia to begin The Arthur J. Samberg Institute for Teaching Excellence. Four years later, he aided Columbia with a grant that allowed the endowment of 20 new professorships. More recently, in 2013, Art Samberg, a member of CBS’s Board of Overseers, generously pledged $25 million to Columbia Business School toward the construction of the school’s innovative new Manhattanville campus.

As part of its ongoing commitment to preparing its students for the rapidly changing world of international business and economics, the Columbia Business School recently introduced a new core curriculum for the class of 2015. The school unveiled its new approach over the summer of 2013, through a dozen online videos highlighting the most important reasons for the curriculum changes. Made to reflect changes in the modern business world, the new curriculum includes a credit-bearing leadership course that will be held during student orientation, rather than during the first semester; an increase in the number of electives first-year students are permitted to take; an increase in online coursework; and a complete makeover of the decision models course, which will now recognize the importance of big data in modern business.


Tri-Alpha Energy Inc. Develops Controlled Fusion Technology

For over 40 years, Art Samberg has worked in the financial industry including hedge funds and investment institutions. In his last position which lasted over a decade, Art J. Samberg oversaw Pequot Capital Management, Inc. as founder, Chairman and CEO, and transformed it into what was, at one point in time, the world’s largest hedge fund. Now, as the owner of Hawkes Financial, LLC (Mr. Samberg’s family office), Arthur J. Samberg manages family funds and invests in, among other things, alternative energy, information technology, and healthcare businesses. Tri-Alpha Energy Inc. accounts for one of Arthur Samberg’s many projects, and he belongs to its board of directors and its executive committee.

Based out of Foothills Ranch, California, Tri-Alpha Energy sits on the forefront of controlled plasma fusion technology. Founded in 1998, it plans to build reactors that convert high-energy alpha particles into electricity. Originally named Colliding Beam Fusion Reactor, this firm has received attention for its aneutronic fusion technology developed by University of Florida’s Hendrik Monkhorst and University of California, Irvine, professor emeritus of physics and astronomy Norman Rostoker. These two scientists received a patent in 2008 for “controlled fusion in a field reversed configuration and direct energy conversion.”

While many companies are attempting to bring safe and reliable nuclear fusion power plants to market, Tri-Alpha Energy stands apart due to its proprietary technology and notable investors. In March 2013, the Rusnano Group, a Russian government-helmed venture firm, put money into the agency. This entity joined the likes of Hollywood actor and Fulbright Scholar Harry Hamlin, Noble Prize winning physicist Arno Penzias, and astronaut Buzz Aldrin.