(LtoR): Governor Charlie Baker, President Lawrence Bacow, Seth Klarman, Beth Klarman, Dean Nitin Nohria. Photo: Susan Young

$120 Million Building Introduced At Harvard

A brand-new building was christened at Harvard Business School Monday.

Klarman Hall, the b-school’s latest conference center, made its debut this week, The Harvard Crimson reports.

Costing around $120 million, the building will be used for “class events, musical and artistic performances, and smaller “more intimate” discussions.”

Funding was provided by Seth and Beth Klarman. Seth A. Klarman received his MBA from Harvard Business School in 1982 and is CEO and portfolio manager of The Baupost Group, one of the largest hedge funds, according to Forbes.

The Innovations

Klarman Hall will feature state-of-the-art technology including a 32-million-pixel screen—the largest of its kind in Boston, according to HBS spokesperson Brian C. Kenny.

The center will also include recording studios for podcasts and webinars as well as a black box room for filming, which will be used by HBX, Harvard’s online extension school.

The project kickstarted in 2016 and replaces Burden Hall, an older conference center that can no longer hold capacity for the b-school’s growing community.

“Harvard Business School and Harvard University more broadly have tremendous convening power,” Kenny tells the Crimson. “To have these kinds of substantive conversations about real issues that are affecting the world…we can have a global conversation out of a facility like this.”

Sources: The Harvard Crimson, Forbes