Gift to establish new CU Securities Center

BOULDER — Richard M. Burridge has given the College of Business and Administration at the University of Colorado $1.5 million to establish the Center for Securities Analysis and Valuation.

Burridge graduated from CU in 1951 and is the founder and chief executive of the Burridge Group L.L.C. in Chicago.

The center will hold regular forums with investment management professionals, students and faculty to discuss investment issues. Burridge hopes the center will take on research projects and eventually provide a securities simulation trading laboratory for finance students.

A board of professionals and academics will oversee the center’s activities, and some faculty will receive stipends for their involvement in the center.