Snow Phipps Group Files Voluntary 13D/A on Laureate Education Stake

TL;DR

**Snow Phipps Group just updated their Laureate Education stake, signaling continued active involvement.**

AI Summary

SPG GP, LLC, along with the Snow Phipps Group, filed an Amendment No. 6 to their Schedule 13D on January 9, 2024, indicating a voluntary filing regarding their ownership in Laureate Education, Inc. This filing updates previous disclosures about their stake in the company's Common Stock, $0.004 par value, under CUSIP Number 518613203. This matters to investors because it signals a continued, active interest from a significant institutional holder, potentially influencing future strategic decisions or market perception of Laureate Education.

Why It Matters

This filing indicates that a major institutional investor, Snow Phipps Group, is actively managing and disclosing its position in Laureate Education, which can signal confidence or strategic shifts to other shareholders.

Risk Assessment

Risk Level: low — This is a routine amendment to a Schedule 13D, indicating ongoing disclosure rather than a new, unexpected event.

Analyst Insight

Investors should note the continued disclosure from a significant institutional holder like Snow Phipps Group, as their ongoing involvement could indicate stability or potential future strategic moves for Laureate Education. Monitoring subsequent filings for changes in ownership percentage or stated intentions would be prudent.

Key Players & Entities

• SPG GP, LLC (company) — the filing entity
• Snow Phipps Group (company) — group members associated with the filing
• Laureate Education, Inc. (company) — the subject company of the filing
• Ian Snow (person) — group member
• Adé Heyliger, Esq. (person) — legal counsel for the filing
• $0.004 (dollar_amount) — par value of Laureate Education's Common Stock

FAQ

Key Financial Figures

• $0.004 — Inc. (Name of Issuer) Common Stock, $0.004 par value (Title of Class of Securiti

Filing Documents

• d74734dsc13da.htm (SC 13D/A) — 144KB
• 0001193125-24-005258.txt ( ) — 146KB

of the Statement is hereby amended and restated as follows

Item 2 of the Statement is hereby amended and restated as follows: SPG GP, LLC is the general partner of Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., Snow Phipps Group (RPV), L.P., and SPG Co-Investment, L.P. (collectively, the Snow Phipps Limited Partners ). SPG GP, LLC and Snow Phipps Group LLC are primarily owned and controlled by Mr. Ian Snow, the Chief Executive Officer. Mr. Ogden Phipps, Mr. Alan Mantel and Mr. John Pless, each an Investment Partner, are minority owners. Snow Phipps Group, LLC is the investment manager of the Snow Phipps Limited Partners. SPG GP, LLC, the Snow Phipps Limited Partners, Snow Phipps Group, LLC, and Ian Snow are collectively referred to as the Reporting Persons . The address of the principal business office of each of the Reporting Persons is: 545 Madison Avenue 10th Floor New York, NY 10022 Item 4. Purpose of Transaction.

of the Statement is hereby amended by supplementing with the following

Item 4 of the Statement is hereby amended by supplementing with the following: The information set forth in Items 5 and 6 of this Statement is hereby incorporated by reference into this Item 4. The Reporting Persons hold limited partnership interests in Wengen which correspond to a number of shares of Common Stock held by Wengen. Between November 14, 2023 and December 4, 2023, Wengen sold a number of shares of Common Stock (as has been separately reported by Wengen), an aggregate of 153,449 of which corresponded to the Reporting Persons limited partnership interests in Wengen. Item 5. Interest in Securities of the Issuer. Items 5(a) and (b) of the Statement are hereby amended and restated as follows: The information set forth in Items 4 and 6, and the cover pages of this Statement is hereby incorporated by reference into this Item 5. 10 (a) and (b). The Reporting Persons may be deemed to beneficially own an aggregate of 4,807,151 shares of Common Stock, which represents, in the aggregate, approximately 3.1% of the outstanding shares of the Issuers Common Stock, calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, which includes 43,589 shares of Common Stock that were issued to Ian Snow for non-employee director service on the Issuers board, and 2,688,386 shares of Common Stock held through Wengen. Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., and Snow Phipps Group (RPV), L.P. may be deemed to beneficially own indirectly such shares issued to Mr. Snow as a result of contractual arrangements. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein. Certain investors, including the Reporting Persons (collectively, the Wengen Investors ), hold limited partnership interests in Wengen. The general partner of Wengen is Wengen Investments Limited (the Wengen GP ), which is governed by a board of directors composed of representatives of

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View this SC 13D/A filing on SEC EDGAR