Singapore-based private equity firm Academic Capital Partners is launching its debut $300 million fund to acquire K-12 education assets across markets in Asia and the Middle East.

Key Points

• Academic Capital Partners aims to raise $300 million for its inaugural ACP Educational Opportunities Fund starting in two weeks.
• The firm was established by Global Schools Group founder Atul Temurnikar and former PricewaterhouseCoopers partner Vishal Thapliyal.
• Investment targets include K-12 education businesses generating between $1 million and $5 million in annual EBITDA.
• Geographic focus areas include Singapore, Malaysia, Vietnam, India, Thailand, Saudi Arabia, and the United Arab Emirates.
• The fund targets a 5% distribution yield, with the general partner committing to contribute 5% of the total capital.
• An initial close for the fund is scheduled to take place during the first quarter of next year.

Why it Matters

This fund represents a significant move to consolidate private K-12 education assets across high-growth emerging markets. By targeting mid-sized educational businesses, the firm aims to capitalize on the increasing demand for private schooling in the Middle East and Asia.