Author: annettatrivett
IFC announces US$9.8 million co-investment in Lottus Education along with Alta Growth Capital
The International Finance Corporation (IFC), member of the World Bank Group, announced a co-investment of US$9.8 million in Lottus Education, a leading higher education group with a diversified portfolio of universities in México, along with Alta Growth Capital, a Private Equity Fund oriented to the development of middle-market companies and existing shareholder of Lottus Education. The co-investment will contribute to the objective of improving the quality of education in México, where 31 percent of businesses identify inadequately educated workforce as a major constraint. Founded in 2015, Lottus Education provides quality education to low and middle-income students through its three ... Read more