U.Va. breaks ground on Manning biotech institute
The University of Virginia began construction Friday on the $350 million Paul and Diane Manning Institute of Biotechnology. Paul and Diane Manning launched the institute with a $100 million donation in January. Paul Manning founded PBM Products, which became the world’s largest privately owned infant formula and baby food business, and sold it to Perrigo […]
Virginia 500 spotlight: WILLIAM G. “BILL” CRUTCHFIELD JR.
PERSONAL MOTTO: Believing that a glass is half-full MOST VALUED POSSESSION: My family HOW I UNWIND FROM WORK: I rarely do. That’s a problem. HOW I CHOSE MY CAREER PATH: I followed my passions — entrepreneurship and consumer electronics. HOBBY/PASSION: Flying airplanes, operating my boat, repairing my classic cars, installing complex electronics in my homes […]
Thalhimer Multifamily adds management of five apartment communities
Thalhimer Multifamily has taken on management of five new properties, including two that expand the company’s reach into Culpeper and Front Royal. The company, a division of Glen Allen-based Cushman & Wakefield | Thalhimer, announced the management agreement for Charlottesville-based Hearthwood Apartments; Morningside Apartments in Richmond; Shenandoah Commons in Front Royal; and Southri[...]
U.Va. receives $50M gift from Breeden Co. founder
Ramon W. Breeden Jr., founder and chair of Virginia Beach-based developer The Breeden Co., has given $50 million to his alma mater, the University of Virginia, to support business education and athletics. University President Tim Ryan announced the gift during a U.Va. Board of Visitors meeting Friday, according to a news release. The gift will […]
Three Va. universities land on top patents list
Three Virginia research universities have made the National Academy of Inventors’ new list ranking the nation’s universities that were granted the most patents in 2022. The University of Virginia, Virginia Commonwealth University and George Mason University each made the list released Aug. 30, ranking 43rd, 86th and 91st respectively. U.Va. had 52 patents issued in […]
Arts | Entertainment | Sports 2023: CORAN CAPSHAW
Capshaw, the founder of 32-year-old music management company Red Light Management, is the driving force behind a newly approved 7,500-capacity riverfront amphitheater in Richmond. The $30 million project, expected to open in 2025, has drawn comparisons to Colorado’s famed Red Rocks Amphitheatre. Capshaw also developed the Ting Pavilion on Charlottesville’s Downtown Mall and the Ascend [&hellip[...]
Finance | Insurance 2023: PAUL B. MANNING
Known for their philanthropy, Manning and his wife, Diane, donated $100 million in January to the University of Virginia to create the Paul and Diane Manning Institute of Biotechnology, which will focus on research into new medical treatments like cellular and gene therapies, nanotechnology and immunotherapy. Manning has said he hopes the institute will lead […]
Law 2023: T. VADEN WARREN JR.
A personal injury attorney since 1997, Warren is the 2023-24 president and chairman of the Virginia Trial Lawyers Association, a professional organization for litigators statewide, offering advocacy and education. In addition to having served on the VTLA’s board for several years, Warren founded his Charlottesville firm in 2009. Previously, he was a founding partner of […]
Education 2023: JAMES E. RYAN
Ryan, who became the University of Virginia’s ninth president in 2018, has spearheaded several growth initiatives at the state’s flagship university, including the School of Data Science, a new performing arts center and the Karsh Institute of Democracy — all projects funded by donors, including a record 2019 gift of $120 million from alumni couple […]
Albemarle seeks to expand region’s defense sector
It’s no secret: Albemarle County is banking on the $58 million purchase of 462 acres around a military spy outpost to anchor the region’s defense community. On May 24, the county Board of Supervisors approved a contract to acquire the undeveloped and former farmland tract along along Route 29 adjacent to Rivanna Station — a […]
Law 2023: RISA L. GOLUBOFF
As dean and Arnold H. Leon Professor of Law at the University of Virginia School of Law, Goluboff has a deep legacy of scholarship and teaching on U.S. constitutional and civil rights law, especially its historical development in the last century. Her second book, “Vagrant Nation: Police Power, Constitutional Change, and the Making of the […]
Finance | Insurance 2023: JAFFRAY WOODRIFF
While many on social media platform X (formerly Twitter) struggle to fit their bios into allotted characters, Woodriff’s says volumes: “Embrace Simplicity, Beware Complexity,” declares the co-founder and CEO of Quantitative Investment Management, a Charlottesville-based hedge fund. Woodriff, Michael Geismar and Greyson Williams co-founded QIM in 2003. Woodriff also invests in early-stage sta[...]