Los Angeles Business Journal

David Nazarian Gives $10 Million to CSUN Biz School

By Business Journal Staff Thursday, March 27, 2014

Cal State Northridge has named its business school after David Nazarian following a gift of $10 million by the L.A. investor.

Nazarian, the founder and chief executive of Nimes Capital, graduated from CSUN with a bachelor’s in business administration in 1982. The school now will be named the David Nazarian College of Business and Economics.

The university also announced the $10 million gift will form the seed money for a $25 million fundraising campaign for the business school.

“We’re trying to get the latest in resources and technology. What Mr. Nazarian has agreed to do is to lead the fundraising campaign,” said Carmen Chandler, spokeswoman for the university. “It could be something as simple as providing more opportunities to interact with professionals at conferences or research opportunities. But technology is certainly a priority, make no mistake about that.”

Chandler said there are about 6,000 students enrolled in undergraduate studies at the business school, in addition to about 400 graduate students. In total, CSUN has more than 38,000 students.

Nimes Capital invests in both real estate and technology, most notably as an early investor in San Diego telecommunications giant Qualcomm Inc.

Nazarian is the brother of L.A. hospitality mogul Sam Nazarian.