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Donahue Chair in Investment Management

Thomas J. Nist

Thomas Nist “As the inaugural holder of the Donahue Chair, I have had the opportunity to serve the University and society at an especially unsettling time. Investors are suffering a crisis of confidence and the financial services industry is undergoing unprecedented change.

"I have been called upon to address this situation at the classroom, campus and community level. The complex nature of these circumstances requires a special effort in sorting out the issues and discussing them with a realistic, yet calming effect. In my position, I can address issues and answer questions from an unbiased perspective. I have the added advantage of working with a team of colleagues who openly share their points of view and help to refine the thought process.

“I have also had a wonderful opportunity to expand the scope of our finance and investment management programs. Students now experience real money portfolio management through the Red & Blue Partners fund. A growing list of investment firms visit campus as speakers and to recruit employees and interns. We host an advanced financial modeling seminar to ensure that our students’ quantitative skills are the best among graduating students entering the workforce. A new student group brings together upper- and underclassmen in finance and investment to prepare for their career search and perform community service.

“Preparing the next generation of leaders in business is central to our mission. With the support of an endowment, I find the inspiration to lead this effort while connecting the University to the community.”

Endowed through a gift from the family of Rhodora and John F. Donahue, founder and chairman of Federated Investors Inc., the chair was created to further the national reputation of Duquesne’s investment management and finance programs.