Private Equity Executive Donates $10M to Launch New MA in Translation Program
Amid growing uncertainty about translation careers due to AI advancements and sensationalized headlines, one California university is celebrating a transformative donation. On March 11, 2025, California State University, Long Beach (CSULB) announced that Mario Giannini, Executive Co-Chairman of private equity firm Hamilton Lane, has gifted $10 million to establish a Master of Arts program in Translation and Interpreting. The program is set to launch in the fall of 2026. This isn’t Giannini’s first significant contribution to CSULB. In January 2017, he donated $1.75 million to establish The Clorinda Donato Center for Global Romance Languages and Translation Studies, named after its current director. CSULB Center Expands Translation Studies with Additional $5.25M Gift Housed within CSULB’s College of Liberal Arts, The Clorinda Donato Center for Global Romance Languages and Translation Studies serves as a hub for both pedagogical research and instruction in Romance languages. Students c...