PE Firms Invest Heavily in Education in Asia
Filed in archive Private Equity on November 10, 2008
PEHub reported last week on the growing investment in education that private equity firms seem to be making in Asia.
Because of the value that Asian society places on education, the sector is seen by many PE firms as recession-proof. British PE firm Actis was the lead investor in a $103 million deal with China's Ambow Education last month. South Korean PE firm The Riverside Co also invested in education this year when it spent $15 million to become the top shareholder in a preschool company called Wiz-Korea.
The PEHub article looks at a number of recent PE investments in education in Asia.
Photo courtesy of iStockphoto, Wendy Shiao
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