The New Theatre, which was co-designed by Tony-Award winning designer Ming Cho Lee, will now be called the Frederick Iseman Theatre in "recognition of the philanthropist and financier who graduated in 1974," according to a press statement. Alumni of the school include Angela Bassett, Paul Newman, Liev Schreiber, Sigourney Weaver and Meryl Streep, among others.
The theatre has hosted the Shakespeare Repertory Project, the annual Carlotta Festival of New Plays and is used by Yale for student works.
Yale's two other theatres are the Yale Repertory Theatre and the University Theatre.
For more information visit http://drama.yale.edu.