KIP Launches Second Education Fund

Feb 13 2007 | 10:02am ET

Cleveland-based hedge fund and private equity firm Knowledge Investment Partners is heading back to class with the launch of its second education-dedicated hedge fund with some $50 million, it announced today. The KIP Presidium Fund, like the firm’s first fund, the four-year-old KIP Education Fund, focuses on education and related information services companies.

The firm has added portfolio manager Rob Herman to run the new offering. Daniel Pianko is the lead analyst.

KIP says it has an additional $50 million in commitments to the fund, and expects to close the fund at about $200 million later this year.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...