ImpactAlpha, June 8 — KKR Global Impact, the impact arm of private equity giant KKR, has invested an undisclosed amount in Ho Chi Minh City-based Equest, which provides low-cost private education to 110,000 Vietnamese students each year.
The company will use the investment “to provide quality learning for Vietnam’s millions of students and contribute to the development of a skilled workforce that will support the country’s long-term growth aspirations,” said EQuest’s Nguyen Quoc Toan.
Workforce development
The portfolio of KKR’s $1.3 billion Global Impact fund includes Indian small business lender Five-Star Business Finance; GreenCollar, a platform for natural resource project development in Australia; and sustainable packaging company CMC Machinery and labor market analytics company Burning Glass, both in the U.S.
