LOS ANGELES (Map, News) - A management school at the University of California, Los Angeles, has received a $10 million gift from a former student and his wife, the school's dean announced Thursday.

The gift for the Anderson School of Management came from UCLA alumnus Laurence D. Fink, chairman and CEO of investment firm BlackRock, and his wife, Lori W. Fink. Laurence Fink graduated from the university in 1974 and the Anderson School in 1976.

Some of the $10 million will be used to create an endowed chair in finance to support finance research and establish Ph.D. and MBA fellowships for students.

Dean Judy Olian said she was "deeply grateful" to the Finks.