A friend shared an invitation that came to his email.
The for-profit sector is not only lurking, it is invading.
Just think: while teachers and principals work 11hours a day, taking home salaries that barely cover the mortgage and living expenses, an equity investor will make millions from their labor.
Save the date! On January 15, there will be an exciting seminar on how to make a profit by investing in education. It is sponsored by Drinker Biddle & Reath LLP and the Parthenon Group.
The chairman for the day is Harold Levy, former Chancellor of the NYC public schools and now a partner in the Connecticut venture capital firm Palm Ventures.
The title of the conference is:
“Private Equity Investing in
For-Profit Education Companies –
How Breakdowns in Traditional Models &
Applications of New Technologies Are Driving Change”
“Private equity investing in for-profit education is soaring, and for good reason — the public and non-profit models are profoundly broken.
“This is why for-profit education is one of the largest U.S. investment markets, currently topping $1.3 trillion in value.”