Local News

Venture Capitalist Endows UNC Professorship

Posted October 16, 2006 9:20 a.m. EDT

— Don Dixon, co-founder and managing director of venture capital firm Trident Capital, has endowed a distinguished professorship at the University of North Carolina at Chapel Hill.

Dixon along with his wife, Betsy, endowed the chair for Richard Krasno, executive director of the William R. Kenan Jr. Charitable Trust. The Dixons, who live in Palo Alto, Calif., presented UNC with a gift of $666,000. The state of North Carolina’s Distinguished Endowment Trust Fund is adding $334,000.

Krasno has helped raised private funds for faculty support at UNC and is president of four William R. Kenan Jr. funds.

The gift will support a teacher and scholar in the interdisciplinary curriculum in peace, war and defense at UNC’s College of Arts and Sciences.

Peter Dixon, son of the Dixons, graduated in May from UNC with a double major in peace, war and defense and in political science.

Trident Capital has offices in California and Connecticut.