Mubadala will join the consortium led by the Global EQT investment organization, which includes Neuberger Berman, Canada Pension Investment Board, Financial Corporation Alba, SA and Dubai Holding.
Alvin Teh, consumer chief of the Abu Dhabi wealth fund, said: “We are pleased to announce our investment in Nord Anglia Education and we are proud to join an experimental consortium of international investors led by EQT.
Mubadala takes Nord Anglia’s stake
“The growing demand for high quality education, together with the innovative approach and commitment of Nord Anglia with individualized learning, makes it a convincing opportunity.”
Operating around 80 schools in 33 countries, Nord Anglia educates more than 90,000 students from two to 18 years.
His students constantly achieve excellent academic results, with the graduates of Year 12 regularly accepted in the 100 best universities in the world.
Central of Nord Anglia’s educational philosophy is its personalized learning approach, where classroom teaching adapts to the unique learning style of each student.
Jack Hennessy, a partner of EQT Private Capital, said: “We are pleased to welcome Mubadala as a new investor in Nord Anglia. This marks an important milestone on the company’s trip and even more strengthens its form of position.
“Mubadala provides a global perspective and a strategic scope that will be valuable since Nord Anglia continues to grow and innovating.”
Andrew Fitzmaurice, CEO of Nord Anglia Education, said: “Mubadala’s commitment to the growth and development of Nord Anglia’s educational sacrifice will further strengthen the learning experiences we create for students as the world’s leading international organization.”
