PEP raises continuation fund for New Zealand's Up Education
Australia's Pacific Equity Partners (PEP) has raised a single-asset continuation fund of approximately AUD 400m (USD 268m) for Up Education, a vocational education business it has held since 2015.
AlpInvest Partners is the lead investor in the fund, while additional commitments came from a group of predominantly global institutional investors. Up Education was the last remaining asset in PEP’s...
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