Quad Partners, a private equity firm focused exclusively on the education industry, has announced the closing of the firm’s fourth investment fund, Quad Partners IV LP (Quad IV). Quad IV closed at its hard cap of USD200 million with commitments from leading institutional limited partners.
Quad Partners was founded in 2000 to make value-added private investments in the education industry. Today, Quad is one of the most active investors in privately-owned education companies in the United States.
"We appreciate the continued support of our investors and the tireless efforts of our portfolio company management teams. Our strategy is to invest in small and mid-sized education businesses with significant potential, then apply the unique operating and educational expertise of our principals to help companies grow while improving academic results," says Lincoln Frank, Managing Partner of Quad Partners.
Kramer Levin Naftalis & Frankel LLP acted as counsel to Quad Partners.
