College receives $75-million gift

Claremont McKenna College has received a $75-million gift from the foundation established by investor Henry R. Kravis and his wife, economist Marie-Josee Kravis, the liberal arts college said Tuesday.

Henry Kravis is a Claremont McKenna alumnus and trustee who co-founded the private equity firm Kohlberg Kravis Roberts & Co. Marie-Josee Kravis, a senior fellow with the Washington-based Hudson Institute, is president of the Museum of Modern Art in New York.