Greater Share Closes First Education Fund at $52 Million
Deal News | Dec 18, 2024 | Rede Partners
Greater Share, an innovative platform integrating philanthropy with private equity, announced the successful closure of its $52 million Education Fund. Established to enhance education equity through supporting high-impact NGOs, the fund received contributions from over fifty global investors and aims to provide sustainable funding for a decade to eight NGOs focusing on education in underserved communities. The fund, benefiting from private equity partners like Bain Capital and Permira, and aided by Rede Partners' strategic alliance, combines investment returns and donations to reinforce NGOs' efforts. Greater Share's model ensures long-term, unrestricted funding, enabling NGOs to maintain their mission without resource-heavy fundraising.
Sectors
- Philanthropy
- Private Equity
- Education
Geography
- Global – The article mentions contributions from investors worldwide and focuses on global NGOs aimed at improving education equity.
Industry
- Philanthropy – The article discusses Greater Share's philanthropic efforts to fund education-focused NGOs.
- Private Equity – Greater Share uses investment models involving leading private equity firms to support high-impact NGOs.
- Education – The focus of the fund is to enhance education equity across underserved communities worldwide.
Financials
- $52 million – The total funds raised by Greater Share's Education Fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Greater Share | Target | Company | A philanthropic investment platform connecting private equity funds with education-focused NGOs. |
| Rede Partners | Strategic Alliance Partner | Company | An advisory firm that partners with Greater Share to use its LP portal for awareness. |
| Bain Capital | Private Equity Partner | Company | One of the private equity firms partnering with Greater Share on its Education Fund. |
| Cinven | Private Equity Partner | Company | One of the private equity firms partnering with Greater Share on its Education Fund. |
| Hg Capital | Private Equity Partner | Company | One of the private equity firms partnering with Greater Share on its Education Fund. |
| Lexington Partners | Private Equity Partner | Company | One of the private equity firms partnering with Greater Share on its Education Fund. |
| Nautic Partners | Private Equity Partner | Company | One of the private equity firms partnering with Greater Share on its Education Fund. |
| Permira | Private Equity Partner | Company | One of the private equity firms partnering with Greater Share on its Education Fund. |
| aeioTU | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| AllChild | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| CAMFED | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| Kaivalya Education Foundation | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| KIPP Foundation | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| London Early Years Foundation | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| National Institute for Student Success | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |
| Teach For All | NGO Partner | Company | An NGO partner of Greater Share focused on education equity. |