First Latin American ad/venture for ‘for-profit’ globalising university, Apollo Global Inc.

Last week the recently launched Apollo Global Inc., a subsidiary of the Apollo Group and private equity firm The Carlyle Group (specializing in buyouts, venture and growth capital, leveraging finance around the globe), announced that it had agreed to acquire Universidad de Artes, Ciencas y Communication (UNIACC), an accredited, private arts and communications university in Chile, as well as it related entities.

This is the first ad/venture for Apollo Global Inc. since it was created in 2007 - to drive forward global investment in higher education in those countries are seen to have attractive demographics, good levels of economic growth and a regulatory environment that does not inhibit FDI in the education sector. The country region to be given to ‘thumbs up’ by Apollo Global Inc. is Chile.