Hedge Funds

Pickens helps Texas women's college


T. Boone Pickens, the Texas billionaire who founded the $2.9 billion BP Capital Management, has donated $5 million to Texas Woman's University.

The gift supports a new medical facility dubbed the T. Boone Pickens Institute of Health Sciences-Dallas Center. The $32 million medical center will provide space for nursing, occupational therapy, physical therapy, health-care administration and library science programs.

TWU has already raised $16 million for the project, which will ultimately combine two nearby facilities into one location and is scheduled open by 2010.