Altas Partners, Baring invest in Grenada's St. George’s University
An investor group led by Canadian private equity firm Altas Partners has joined with Baring Private Equity Asia in a minority equity investment in St. George’s University (SGU), a Grenada-based international education centre that draws students and faculty from 140 countries. While the investment's value was not disclosed, sources estimate it at US$750 million. The Altas-led group, which included OPTrust Private Markets Group, partnered with SGU management, led by chancellor Charles R. Modica. The SGU deal is the second done by Altas since its 2012 launch by managing partner Andrew Sheiner. Last October, the firm bought NSC Minerals Ltd from Wynnchurch Capital.
8 August 2014•6 mins read
