Laureate’s work around the globe has attracted top partners in the public and private sectors.
In 2013, the International Finance Corporation, a member of the World Bank Group, announced it would invest $150 million in Laureate, the IFC’s largest ever education investment. The funding will be used to continue to expand access to higher education in emerging markets.
Also in 2013, Laureate joined a consortium of select investors in Coursera, a Massive Open Online Course (MOOC) platform. Coursera’s partners also include Yale University, the University of Pennsylvania, Stanford University and Tel Aviv University.
In December 2013, Laureate's board announced the election of three independent directors: Robert B. Zoellick, former World Bank president; Judith Rodin, president of the Rockefeller Foundation; and George Muñoz, former president and CEO of the Overseas Private Investment Corporation (OPIC) and current principal of the Muñoz Investment Banking Group.
Laureate supporters include some of the world’s most distinguished leaders in education, government, philanthropy and business. Ernesto Zedillo, the former president of Mexico and Director of the Center for the Study of Globalization at Yale University, provides Laureate institutions with insights from his experiences in the policymaking, diplomatic and academic worlds. He also has served Mexico as secretary of education; undersecretary of budget; and as secretary of economic programming and the budget.
Laureate’s Board Advisory Committee on Education (BACE) reviews and advises Laureate’s management on academic matters and new education products and technologies. The BACE meets three times a year to report to Laureate’s board of directors. Committee members include chair Dr. Judith Rodin; Dr. Lloyd Armstrong, Jr., provost emeritus, University of Southern California; Dr. Condoleezza Rice, Denning Professor in Global Business and the Economy, Stanford Graduate School of Business; Sir Drummond Bone, master of Balliol College, and chair of arts and humanities, University of Oxford; Dr. Juan Ramon de la Fuente, professor and chair of the board of the Aspen Institute Mexico; Dr. Quentin Van Doosselaere, Co-CEO, Bregal Investments; and Dr. Ralph Wolff, former president of the Senior College Commission of the Western Association of Schools and Colleges (WASC).
IFC/World Bank Group Research on Social Mobility
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