Stonepeak, an alternative investment firm, is making a $1.05B minority equity investment in Inspired Education Group, a group of premium schools.

Inspired Education Group is a group of premium schools educating more than 55,000 students in over 70 schools. The company currently educates more than 55,000 students from kindergarten to year 13. Stonepeak is an alternative investment firm specializing in infrastructure and real assets with approximately $46 billion of assets under management.

“In less than 9 years, we have become the leading global group of premium schools. We have been able to do so by being laser focused on delivering an outstanding holistic educational journey to our students around the world and getting over 90 percent of them into their first-choice university destinations, “ said Nadim Nsouli, Inspired CEO. “I would like to now welcome Stonepeak, who are exactly the type of long-term investor that shares our ambition, vision for growth and dedication to the pursuit of excellence in education, to our group.”