INTO sells a quarter stake for £66 million
Summary
In particular, our goal is to transform higher education capacity, increase access for well-qualified students, and drive global brand awareness by enhancing cultural diversity, all while delivering impressive outcomes for all stakeholders." INTOs plan for a fund was launched in March last year, in a document featuring a foreword by former Labour education secretary Charles Clarke. Mr Clarke wrote that "expansion of educational opportunity across the world will only take place sufficiently quickly if private and public resources are brought together in partnership". Mr Colin said: "Our unique approach has a proven track record of providing universities with a secure mechanism to unlock access to private capital while retaining full control over their academic standards and brand." Carter Harned, a managing director at Leeds Equity Partners, said: "In an era of soaring demand and declining public funding for higher education, INTO, working with its global network of world-class universities, is a strategic enabler.