Sovereign Capital - Revision history

Tamasin Cave at 12:04, 2 September 2015

2015-09-02T12:04:04Z

Tamasin Cave: /* Privatising education and reputational risk */

2015-08-31T11:43:15Z

Privatising education and reputational risk

Tamasin Cave: /* Portfolio */

2015-08-29T22:39:54Z

Portfolio

Tamasin Cave: /* Portfolio */

2015-08-29T22:39:44Z

Portfolio

Tamasin Cave: /* Privatising education and reputational risk */

2015-08-29T22:39:31Z

Privatising education and reputational risk

Tamasin Cave: /* Privatising education and reputational risk */

2015-08-29T22:39:13Z

Privatising education and reputational risk

Tamasin Cave at 22:38, 29 August 2015

2015-08-29T22:38:32Z

Josh Leeson at 16:06, 28 January 2015

2015-01-28T16:06:13Z

Melissa Jones at 12:34, 2 November 2011

2011-11-02T12:34:43Z

Melissa Jones at 12:34, 2 November 2011

2011-11-02T12:34:28Z

← Older revision		Revision as of 12:04, 2 September 2015
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		+	{{Template:Schools badge}}
	'''Sovereign Capital''' is a UK private equity fund. It invests in companies in the following sectors: 'support services', healthcare, and education.		'''Sovereign Capital''' is a UK private equity fund. It invests in companies in the following sectors: 'support services', healthcare, and education.

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 A third of Sovereign Capital's investments are in the education and training sector.
-‘For us, it has been a tremendous sector, [[Michael Needley]], who leads Sovereign Capital's education team, told a room of investors at the 2015 [[EducationInvestor]] summit. 'I think we're in a very interesting time in how education is going to develop, who is going to be involved, and who is going to be a part of that,' he added.
+‘For us, it has been a tremendous sector', [[Michael Needley]], who leads Sovereign Capital's education team, told a room of investors at the 2015 [[EducationInvestor]] summit. 'I think we're in a very interesting time in how education is going to develop, who is going to be involved, and who is going to be a part of that,' he added.
 Needley described the K12 market (Kindergarten to 12th Grade, or primary and secondary school) as a $34bn opportunity. 'My gosh that's lots for everybody,' he said. 'Let's all go forth. Let's all make hay.'

← Older revision		Revision as of 22:39, 29 August 2015
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	In August 2015, it offered to pay £18.4 million for UK teacher recruitment agency [[Synarbor]].<ref>[http://www.educationinvestor.co.uk/(A(RLLP5KcR0QEkAAAAYWVjY2Q5MzEtNDAwNi00MzYzLWFmMDctMjU3ZGViMWExMzNlNvzSCTXkNISQAO4NdhNnLbuu7JA1))/showarticle.aspx?ID=4800 Sovereign Capital offers £18.4m for Synarbor], EducationInvestor, 3 August 2015</ref>		In August 2015, it offered to pay £18.4 million for UK teacher recruitment agency [[Synarbor]].<ref>[http://www.educationinvestor.co.uk/(A(RLLP5KcR0QEkAAAAYWVjY2Q5MzEtNDAwNi00MzYzLWFmMDctMjU3ZGViMWExMzNlNvzSCTXkNISQAO4NdhNnLbuu7JA1))/showarticle.aspx?ID=4800 Sovereign Capital offers £18.4m for Synarbor], EducationInvestor, 3 August 2015</ref>
		+

	Other investments it has made include:		Other investments it has made include:

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 Other investments it has made include:
- *[[DC Leisure]]: manages council leisure centres
+*[[DC Leisure]]: manages council leisure centres
 *[[National Fostering Agency]]: Sovereign Capital is one of the largest suppliers of fostering services.

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 Needley identified online education as the big opportunity for investors. 'This is the silver bullet: who is going to crack the online market,' he said.
-However, he also identified 'reputational risk' to firms as the biggest concern. 'We're putting our head above the parapet,' he said, adding: 'There are people out there looking for it.' He said that they were taking 'a lot of our learnings' about how to handle reputation risk from the healthcare sector. Of the two sectors, healthcare was the first to be privatised.
+However, he also identified reputational risk to firms as the biggest concern. 'We're putting our head above the parapet,' he said, adding: 'There are people out there looking for it.' He said that they were taking 'a lot of our learnings' about how to handle reputation risk from the healthcare sector. Of the two sectors, healthcare was the first to be privatised.
 ==Portfolio==

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-'''Sovereign Capital''' is a private equity fund, which owns several healthcare companies. It was co-founded by [[John Nash]], ex-chairman of [[Care UK]].
+'''Sovereign Capital''' is a UK private equity fund. It invests in companies in the following sectors: 'support services', healthcare, and education.
-==Activities==
+It was co-founded in 2011 by [[John Nash]], ex-chairman of [[Care UK]] and current UK Education Minister.
-Sovereign Capital is one of the largest suppliers of fostering services, and owns the [[National Fostering Agency]]. It runs care homes for the elderly and children.
+==Privatising education and reputational risk==
-It also owns independent schools groups [[WCLS]] and [[Alpha Plus]], [[DC Leisure]], a leading operator in the market for managing council leisure centres and NHS service providers [[C.H.O.I.C.E.]], [[TRACS]], [[Alkare]], [[Cascade]] and [[Parallel]]. It reportedly made about £100 million from its involvement in the buying, reselling and consolidation of social care businesses, including [[Tracscare]]. <ref> Unison, The rise of the “public services industry”,A report for UNISON by Paul Gosling, September 2008 pp.14, 20, 26. </ref>
+‘For us, it has been a tremendous sector, [[Michael Needley]], who leads Sovereign Capital's education team, told a room of investors at the 2015 [[EducationInvestor]] summit. 'I think we're in a very interesting time in how education is going to develop, who is going to be involved, and who is going to be a part of that,' he added.
 ==People==
-*[[John Nash]]
+*[[John Nash]], co-founder. In 2013 Nash was elevated to the Lords and made Education Minister by [[Michael Gove]]. Nash is now responsible for free schools and academy policy. He agreed to step away from all relevant business interests while a Minister.
-*[[Ryan Robson]] - co-founder. Has given the [[Conservative Party]] more than £250,000 in the past five years. Robson stood as a Tory parliamentary candidate in the 2010 election.
+*[[Ryan Robson]], co-founder. Has given the [[Conservative Party]] more than £250,000 in the past five years. Robson stood as a Tory parliamentary candidate in the 2010 election.
 ==Affiliations==
 *[[Conservative Party]]
 ===Lobbying firms===
 *[[Westminster Advisers Ltd]]<ref> [http://www.appc.org.uk/members/register/register-profile/?company=Westminster%20Advisers Register 1st September 2014 - 30th November 2014] ''APPC'', accessed 28 January 2015 </ref>
-==Resources==
+==Contacts==
+Website: http://www.sovereigncapital.co.uk
-==Notes==
+Address: 25 Victoria St, Westminster, London SW1H 0EX
 <references/>
-[[Category:Health]]
+[[Category:Health]][[Category:Education Industry]]