WEATHER »

UCSB Receives $1 Million Gift


Christian Felipe, a former hedge fund exec and recent Santa Barbara–area transplant, wrote a $1 million check to help fund a new technology-management master’s program at UCSB. The money — coupled with a previous $1 million donation from UCSB alum and investor Reece Duca that helped start the program — will pay for an endowed professor position to help lead the nine-month-long program, which aims to turn scientists into entrepreneurs.

Felipe — who offered to fork over $50,000 a year for three years to the Goleta Entrepreneurial Magnet, a tech startup hub in the Good Land — has degrees from UCLA and the University of Pennsylvania’s Wharton School of Business. He started his career in the financial sector, transitioning from technology analyst to portfolio manager to hedge-fund founder. He sold his company, Sirios Capital Management, more than 10 years ago and turned to angel investing. “I found technology startups fascinating, and I always felt that in the long run, I wanted to continue to invest in technology companies,” Felipe said in a statement released by the university.

To submit a comment on this article, email letters@independent.com or visit our Facebook page. To submit information to a reporter, email tips@independent.com.



event calendar sponsored by:

School Shooting Threat to Santa Maria Schools Made via Facebook

Further investigation revealed that suspect did not have access to firearms.

Celebration of Life Ceremony Scheduled for Mark “Marky” Meza, Jr.

The 21-year-old former Carpinteria resident was killed in the Borderline shooting.

Jennifer Doudna Talks Gene Editing

She's confident the controversial technology will be used for good.

Phone Scammers Target Businesses

Pretend to have a delivery that just needs some cash or a wire transfer.

Former Ataris Bassist Pleads Guilty to Real Estate Scam

Michael Davenport faces up to 30 years in prison.