CALCAP Advisors, Led by Trio of USD Alumni, Makes Million Dollar Investment in Knauss School of Business

Real estate investment firm CALCAP Advisors has pledged $1 million to the University of San Diego’s Knauss School of Business. Ed Aloe, CALCAP founder and president, and Pat Wakeman and Mark Mozilo, co-founders and principals, are all USD graduates from the class of 1986. 

The seven figure gift is among the largest alumni gifts in USD history and will name the school’s Business Advisory Suite in commemoration of the firm the trio co-founded. The space, which will now be known as the CALCAP Advisors Business Advisory Suite, is intended as a hub of collaboration between students and business leaders and a designated spot for alumni to host events and meetings. For Aloe, Wakeman and Mozilo, it is also an opportunity to give back to the university in a way that honors their success in business. 

“With the building of the Knauss Center for Business Education it seems like a good time to make this investment,” says Aloe. “We didn’t want to wait until later in life to make a gift … and this was a rare opportunity to make a bigger gift from the three of us.”

“What an extraordinary example of our alumni thought leaders paying it forward,” says Tim Keane, PhD, dean of the Knauss School of Business. “Our students, faculty, staff and alumni will benefit from the generosity of Ed, Pat and Mark for years to come.”

USD completed construction of a new complex — the Knauss Center for Business Education — along with a significant renovation of Olin Hall in the fall of 2022. The gift comes full circle for the business partners and friends who were business majors at USD and part of one of the earliest cohorts of students in what was then known as the USD School of Business Administration.

“It speaks volumes when alumni give back to their university,” says Aloe. “The most important thing a university can have are fervent alums who love and support it.”

— USD News Center