NCH – new company structure

Something bugs me about Anthony Grayling and the way he presents New College of the Humanities. Nothing is ever quite as it seems.

When the original company, Grayling Hall, was founded as a company limited by share back in July 2010 (note the date, before the Browne review was published) Grayling was one of two shareholders: the other was Peter Hall a strong opponent of public services who had previously sponsored David Willetts when he was in opposition.

Grayling Hall changed its name to New College of the Humanities Limited before the college was launched last summer. By far the largest shareholders, over 30 per cent of the company, are the Swiss family Ebstein who run the venture capital firm Meru AG based in Lucerne. They go unmentioned on the NCH website.

Private equity and venture capital is well served on the board http://www.nchum.org/who-we-are/non-academic-staff Many of the illustrious…