This article focuses on transnational intermediary organizations in higher education and research. We conceive of intermediaries as organizations that are actively involved in transnational university governance without having formal access to or control over policy or governmental funding. Such intermediary organizations have in previous research been shown to play central roles in the development and circulation of new themes and ideas for how to manage universities and measure university performance. Intermediaries link different types of actors and act as translators of global themes. In this respect, they are decisive in policy formulation.