FW advises on groundbreaking new venture in higher education

June 10, 2011

Fox Williams LLP has advised New College of the Humanities Limited ("the Company") on a subscription of up to £10 million of new equity from private investors in order to launch the New College of the Humanities.

The New College of the Humanities is a new independent university college due to open in Bloomsbury in autumn 2012. The institution is modelled on America’s elite liberal arts colleges and will provide Oxbridge quality education to its students.

Swiss private investors join a star-studded array of leading academics, City financiers and high net worth individuals including the founding shareholder and new Master of the College, AC Grayling; evolutionary biologist Richard Dawkins; historians Niall Ferguson, Linda Colley and Sir David Cannadine; philosophers Simon Blackburn and Peter Singer; and theoretical physicist Lawrence Krauss. The 14 professors behind the project will all teach at the College.

The College will be managed by AC Grayling, and Jeremy Gibbs, CEO. Charles Watson, will be Chairman of the Company.

The Fox Williams team, led by Associate Tom Rowley and Partner Paul Taylor, advised on all the corporate aspects of the fundraising, as well as some of the higher education regulatory aspects, tax structuring, intellectual property and employment. They were assisted by Eniga de Montfort, Simon Bennett, Emma Bailey, Jaspal Pachu and David Murphy.

Jeremy Gibbs says:
"Paul Taylor has acted for me for more than 15 years and this is another job well done. He and Tom are responsive and innovative lawyers and we are happy to have reached the end of the beginning of this exciting new project with their help".

Tom Rowley commented:
"We are delighted to have advised New College of the Humanities Ltd in this groundbreaking new venture in higher education. As a firm we are very active and experienced in advising on private equity investment transactions using similar structures, but this deal is a 'first' in many aspects, and it has been an extremely interesting project to work on. We wish the College all the very best for its launch later this year."


Related pages:

Corporate more

Experts on the human side of enterprise more

Intellectual property more

Tax and Incentives more

icons Addthis Print Contact Register

Contact

tel: +44 (0) 20 7628 2000
10 Finsbury Square, London, EC2A 1AF
View map


For more information

 image

Paul Taylor
Partner
Direct dial: +44 (0)20 7614 2512
ptaylor@foxwilliams.com

 image

Emma Bailey
Partner
Direct dial: +44 (0)20 7614 2560
ebailey@foxwilliams.com

 image

David Murphy
Partner
Direct dial: +44 (0)20 7614 2633
dmurphy@foxwilliams.com

Accreditations

  • Top Ranked Chambers UK 2014 - Leading Firm
  • Ranked in Chambers Europe 2013 - Leading Individual
  • Ranked in Chambers Global 2014 - Leading Firm
  • Legal 500 - Leading Firm
  • The Lawyer UK 200 - Listed Firm
  • The Law Society Excellence Awards 2012 - Shortlisted
  • Investors in People - Bronze