Sovereign-backed Summit Group adds Dubai-based Sanctuary Read more

Alex Hay

Partner

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Sovereign had always stood out for me as a firm that truly focused on supporting growth – be it organically or through acquisition. Since joining the firm in 2017, and now heading Sovereign's focus on Financial Services & Insurance and Education & Training, I've witnessed the hands-on approach every member of the team dedicates to delivering this.

At Sovereign, we work to create the best deal and results for everyone. It's not just our sector knowledge and investment acumen that has enabled this, but the close working relationships we have forged with talented people – that's when you see a business absolutely thrive.

I originally built up my deal experience at RJD Partners where I became a Partner in 2011. My sector focus was business and financial services, primarily as the first institutional owner of the companies we backed.

It's not just our sector knowledge and investment acumen that has enabled this, but the close working relationships we have forged with talented people - that's when you see a business absolutely thrive.

At Sovereign I currently oversee our investments in Acolin, Summit Group, Skerritts and LB Group, having led the successful realisations of Alveo, a global provider of financial data management software to financial institutions, and Arachas, where our investment helped create Ireland’s leading insurance broker.

I was previously at Close Brothers Corporate Finance in M&A, having qualified as an accountant with PwC. My degree was in modern languages at Oxford University, including a stint at a wine chateau in Chablis.

I'm married with three children, which is why I have become more of an armchair sportsman, but still enjoy getting out into the fresh air for some cycling, golf and skiing. I also enjoy an endurance challenge – I’m taking part in the 2024 London Marathon for Brain & Spine Foundation, and completed a Channel swim relay as one of four in 2019, raising over £20,000 for the Evelina Children’s Hospital, a cause very close to my heart.

Areas of Interest

  • Financial Services & Insurance
  • Education & Training
  • Business & Technology Services

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