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Veld Capital divests education infrastructure assets in India
Transactions - NOVEMBER 1, 2023

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Veld Capital divests education infrastructure assets in India

by Kali Persall

Veld Capital, a private credit and real estate specialist investor, has announced the portfolio sale of its education infrastructure assets in India to a large international private equity investor.

India currently represents the largest private K-12 market globally with more than 250 million students.

At the time of exit, the portfolio consisted of distinct K-12 school and student housing assets, with a total built-up area of 1.6 million square feet. Partnering with JV Ventures, an investment firm focused on social infrastructure assets in India, the investment strategy targeted the highly fragmented market for paid-for K-12 education in India, underpinned by a rapidly growing middle class and the associated demand for high-quality education.

Financial terms were not disclosed.

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