A University of Bristol graduate’s £10m gift is his alma mater’s largest ever philanthropic donation.

The money from Hugh Sloane and the Sloane Robinson Foundation will go towards the construction of the university’s new Temple Quarter Enterprise Campus next to Temple Meads.

Sloane, a hedge fund manager who graduated from Bristol in 1977 with a degree in economics and politics, said: “This is one of the few times in the last 50 years where an opportunity has arisen to build a new campus right in the heart of a UK city.

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“I think people will be amazed when they visit the city by train and see this world-class academic centre across the platform.”

Sloane, said that his support for the project stems from its focus on postgraduate and multidisciplinary education with an international outlook.

University of Bristol vice-chancellor and president, Professor Hugh Brady, added: “We have been given a once-in-a-lifetime opportunity to reimagine the future of our University as one of the world’s great civic universities while also transforming a key site at the heart of our city.

“Our campus will be a beacon for collaboration, evolution and opportunity. It will not only help secure the future growth and success of the University and the city, but will add in a major way to the future success of the UK.

“Hugh Sloane has put his trust and faith in our vision which makes us ever more determined to make this venture a great success.”

Read more: Vision for £300m Bristol University campus unveiled