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The Brief: Fiduciary duty to Africa, consolidating impact managers, back to work in America, conservation in Peru, voting rights for small shareholders

The Brief: Fiduciary duty to Africa, consolidating impact managers, back to work in America, conservation in Peru, voting rights for small shareholders
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Global investor KKR takes majority stake in Education Perfect

Global investor KKR takes majority stake in Education Perfect Share Global investment firm KKR has taken a majority stake in Education Perfect that values the New Zealand-based edtech company at $NZ455 million ($424 million). The investment comes from KKR’s US$7.2 billion Global Impact fund, aimed at advancing the United Nation’s sustainable development goals. Australia-based private equity firm Five V Capital took a stake in the company in 2017 and will remain a shareholder alongside its co-founders, brothers Craig and Shane Smith. “For-profit but also purposeful and kind” is how Education Perfect CEO Alex Burke describes the New Zealand-based edtech company. 

KKR buys into Dunedin-based Education Perfect

Transaction values online learning company at $455m.

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