Rise Fund buys Malaysian university from KV Asia
The Rise Fund, TPG’s global impact investment platform, has agreed to acquire a controlling stake in Malaysia-based Asia Pacific University of Technology and Innovation (APU) from KV Asia.
The size of the transaction was not disclosed. Mergermarket, AVCJ’s sister title, reported last August that KV Asia had begun a sale process for its entire portfolio of tertiary education assets, with...
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