Simpson Thacher Partners with Greater Share on $52 Million Education Fund
12.10.24
This is only gets display when printing
Simpson Thacher acted as legal advisors to Greater Share on a pro bono basis, helping to create an innovative fund structure which resulted in a successful final closing of Greater Share’s inaugural Education Fund, which raised $52 million. This fund attracted more than 50 individual and institutional investors from around the world, all united by the goal of providing sustainable funding over the next decade to eight high-impact NGOs focused on educational equity in underserved communities. By collaborating with leading private equity firms, the fund will offer long-term and unrestricted financial support derived from investment returns and donations to assist in their crucial work of promoting equitable education.
Greater Share is an innovative philanthropic investment model harnessing the expertise of the world’s top performing private equity funds and impact NGOs to solve complex global challenges. The Greater Share Education Fund is focused on bridging and closing the education gap, supporting the highest impact NGOs in their efforts to enact real and measurable change on children’s lives across the globe.
The Simpson Thacher team included Jason Glover, Bill Smolinski, Caleb McConnell, Victoria Hartman and Andrea Gancea.