Yale University has received a $5 million gift from Frederick Iseman, the founder and chief executive of CI Capital Partners, a private equity firm, to be used partly to endow the school’s first chair in poetry and partly to extend a program that gives Yale students free access to the Metropolitan Opera’s HD broadcasts as well its Met on Demand archives, the university announced.
Mr. Iseman, a 1974 graduate from the school, began underwriting the Metropolitan Opera program in 2010 and renewed his support in 2013. From his current gift, $2 million will be used to support that program, which is administered by Yale’s School of Music. The remaining $3 million is earmarked for the Frederick Iseman Professor of Poetry Fund, which will support a recognized poet or poetry scholar.
Yale has not named the first holder of the chair, but the professorship comes with considerable leeway. The person selected can teach the poetry of any era, in English, French, Italian, Spanish, German, Russian, ancient Greek or Latin.