Achievement among learners is crucial for a thriving society, as it is strongly linked to broader
economic and social well-being.¹
Certain statements contained herein reflect the subjective views and opinions of Vistria, Vistria PRG, and its personnel. Such statements are provided for illustrative purposes, cannot be independently verified, and are subject to change. There can be no assurance any such value creation plan or impact optimization will ultimately be achieved.
1. https://www.nber.org/system/files/working_papers/w12128/w12128.pdf
2. https://www.forbes.com/sites/michaeltnietzel/2020/09/09/low-literacy-levels-among-us-adults-could-be-costing-the-economy-22-trillion-a-year/?sh=cbf86cd4c904
3. https://news.gallup.com/poll/508352/americans-confidence-higher-education-down-sharply.aspx
4. https://rsmus.com/insights/services/managed-services/whats-driving-the-middle-market-talent-gap/thank-you.html
5. 6. 7. 8. 9. 10. 11. 12. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 8 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 4 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 3 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 3 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 1 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 1 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects change from CY2022 to CY2023 self-reported data as of 12/31/2023 from 8 of 9 reporting KLS companies from Vistria Flagship Funds. Reflects Flagship Fund investment amounts as of 12/31/2023 in the following portfolio companies: The Gardner School, Edmentum, Really Great Reading, Media Source/MSI, ESS, and MGT. Does not reflect management or third-party co-investments. Does not reflect investment amounts from the Credit Fund. Only represents equity investments and excludes short term bridge financings and other subordinated debt financings.
13. Reflects Flagship Fund investment amounts as of 12/31/2023 in the following active portfolio companies: Risepoint (fka Academic Partnerships) and Apollo Education Group/University of Phoenix. Does not reflect investment amounts from the Credit Fund. Only represents equity investments and excludes short-term bridge financings and other subordinated debt financings.
14. Reflects Flagship Fund investment amounts as of 12/31/2023 in the following portfolio companies: Apollo Education Group/University of Phoenix and Unitek Learning. Does not reflect management or third-party co-investments. Does not reflect investment amounts from the Credit Fund. Only represents equity investments and excludes short term bridge financings and other subordinated debt financings.
