Blacksburg, VA — In a moment of immense pride and gratitude, Virginia Tech has awarded its highest honor, the Ut Prosim Medal, to Patricia A. Caldwell, recognizing her as a distinguished alumna whose life exemplifies the university’s motto, Ut Prosim (“That I May Serve”). A visionary leader in finance and a steadfast advocate for community empowerment, Caldwell’s legacy continues to inspire across sectors.
A 1971 graduate of Virginia Tech’s Pamplin College of Business, Caldwell carved a pioneering path in the financial industry during an era when few women occupied executive roles. She became a prominent figure in investment management, eventually serving as Chief Investment Officer at the Federal Reserve Bank of New York and co-founding a successful hedge fund. Her strategic insight and integrity made her a respected voice in an industry traditionally dominated by men.
Beyond her professional achievements, Caldwell has been a passionate supporter of educational equity, financial literacy, and women’s leadership. She has donated generously to scholarships and programs at Virginia Tech, with a particular focus on empowering underrepresented and first-generation students. Her commitment to service and community development reflects the essence of the Ut Prosim spirit.
“Patricia Caldwell embodies the highest ideals of our university,” said Virginia Tech President Tim Sands. “Her groundbreaking work in finance, coupled with her tireless dedication to helping others, makes her a truly deserving recipient of this honor.”
Caldwell has also served on multiple Virginia Tech advisory boards and played a pivotal role in advancing the university’s capital campaigns and diversity initiatives. Her leadership and philanthropy have opened doors for countless Hokies and strengthened the university’s mission.
Receiving the Ut Prosim Medal not only celebrates Caldwell’s past accomplishments but also highlights the transformative impact of alumni who lead with purpose. Her life stands as a beacon of service, leadership, and unshakable commitment to making the world better — one empowered individual at a time.
