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Profiles in Giving

Volunteer Spotlight: Bruce Grossman, A85 & Anthony Scaramucci, A86

About them

As a student, Bruce Grossman, A85, flipped through a large alumni book at Career Services, searching for anyone who worked at financial institutions in New York and might take his phone call. His persistence paid off: through a Tufts connection, he got his first job at Chase Manhattan Bank, and later at Avenue Capital Group where he spent the last 11 years. "I'm always going to go out of my way to help a Tufts student or alum," says Grossman, who recently started his own investment management and advisory firm in New York called Dillon Hill Capital (Hill referring to Tufts' Medford campus). "The way I give back the most is by giving Tufts alumni an opportunity." That's the theory behind the Tufts Financial Network (TFN). Through the network, co-chairs Grossman and Anthony Scaramucci, A86, managing partner at Skybridge Capital in New York, are helping Tufts students and alumni get a step up in the financial world.

How the network helps

Created in 2008 with the help of an alumni-led advisory committee, TFN sponsors panel discussions on topical issues and networking events to help young alumni generate career ideas, make connections, and get advice from experienced business people. The network is composed of a broad range of finance professionals, from seasoned managers to entry-level employees, and from hedge fund managers to private investment professionals.

The co-chairs oversee a 30-member advisory committee and work closely with members of the Tufts staff to coordinate several networking events with guest speakers, who have included Jamie Dimon, A78, CEO of JP Morgan Chase & Co.; Jeff Kindler, A77, A11P, CEO of Pfizer, Inc.; and David Faber, A85, of CNBC.

Why Tufts alumni

"Tufts has an excellent reputation with the finance community; we have some very high profile people who have gone to Tufts," says Scaramucci, who serves on the Board of Overseers of the School of Arts and Sciences and is a member of the Beyond Boundaries campaign committee. "The TFN reaches out to younger people and helps them network and create opportunities for themselves."

The next step is expanding the network both domestically and internationally, says Grossman. But that could take a couple of years. For now, the two are trying to build the Tufts financial community and make a permanent name for their network. "The Tufts Financial Network is helpful when you graduate, but also throughout your whole life," says Grossman.

"The best advice I give people," says Scaramucci, "is don't let what's going on in the economy affect your career choices. If you're interested in finance, stick with it!"