Carlyle increases its exposure to Chinese education

The global private equity firm invests $50 million in Hao Yue Education Group which runs a vocational college in Beijing.

The Carlyle Group yesterday announced that it has invested $50 million in Hao Yue Education Group, a Beijing-based provider of private education services. The funding will come from Carlyle Asia Growth Partners Group CAGP.

Hao Yue is a company that provides private higher-education services. Its main school is Beijing Vocational College of Science and Technology, a university with 30,000 students spread across two campuses in the Chinese capital. It is one of China's largest private universities in terms of...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: carlyle | education | ma

Print Edition

FinanceAsia Print Edition