AnaCap Financial Partners First Investment in India

AnaCap Financial Partners (AnaCap), a specialist mid-market private equity investor, has made its first investment in India, the acquisition of three K-12 school and student housing assets from the Jain Group of Institutions (JGI Group), an established and well-renowned operator of K-12 to Higher Education institutions, providing education to ~65,000 students. AnaCap has formed a joint venture with Cerestra Advisors (Cerestra), a specialist investor in Indian education assets. The firms have been working together for more than 18 months with the aim to help support the growing education system in India through investment. With an estimated demographic growth rate of 1.3 per cent, India is expected to become the world’s most populous country by the end of 2024, with the Higher Education sector expected to see an additional ~500 million people in the education-seeking population. India's Higher Education system is already the third largest in the world, and the government’s vision is to increase the enrolment rate from the current 27 per cent to 50 per cent by 2030. AnaCap will work with Cerestra to focus primarily on K-12 schools and student housing, which are some of the fastest growing segments in the education sector. AnaCap sees scope to develop this investment strategy into a dedicated education infrastructure investment trust, a first of its kind to be listed in India with a yield profile attractive for institutional investors globally.