Question to the Department for Education:

To ask the Secretary of State for Education, what has been the market share of (a) private equity firms, and (b) sovereign wealth funds in the additional needs sector in each year since 2020.

Based on publicly available information, we understand that approximately 300 independent special schools (34% of the sector), educating around 14,000 pupils, are owned by fifteen private equity funds, including sovereign wealth funds (SWF). Within these 300 schools, two sovereign wealth funds, Abu Dhabi and Qatar, own 42 schools (5% of the total market). The Qatar Investment Authority acquired Senad Group in 2008, while Mubadala Capital (part of the Abu Dhabi SWF) acquired Witherslack Group from a UK private equity firm in 2021. SWF owned six independent special schools in 2020, increasing to the current level in 2021.