Monday, 30 November 2015
Last updated 1 hour ago
Jun 11 2012 | 12:29pm ET
New York-based Weld North, a private equity firm founded by former Kaplan CEO Jonathan Grayer in partnership with Kohlberg Kravis Roberts & Co, has tapped another Kaplan vet, Justin Serrano, as managing director.
Serrano, who was most recently president of Kaplan K12 and college prep programs at Kaplan Test Prep, brings 20 years’ experience in the education industry to his new post in which he will be identifying and managing investments in that sector.
"We are very excited that Justin is joining the Weld North team," said Grayer, Weld North’s chairman and CEO. "Justin is a real talent, a great operator and has significant experience at Kaplan in scaling profitable businesses in the retail education and K-12 sectors. I've known Justin for 17 years and I am confident that he will be a strong member of our management team and afantastic leader of education businesses we buy."
Weld North focuses on education, health and wellness, consumer services and marketing businesses. In partnership with private equity giant KKR, Weld North seeks to make control investments in businesses with high potential for long-term growth in cashflow.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…