| Connected Entity | Relationship Type |
Strength
(mentions)
|
Documents | Actions |
|---|---|---|---|---|
|
person
Knowledge Universe Education L.P.
|
Business associate |
10
Very Strong
|
3 | |
|
person
General Partner
|
Management |
10
Very Strong
|
4 | |
|
person
General Partner
|
Business associate |
10
Very Strong
|
5 | |
|
person
local and regional investors
|
Investment |
8
Strong
|
4 | |
|
organization
KLC
|
Financial |
7
|
3 | |
|
person
KLC OpCo
|
Corporate structure |
7
|
1 | |
|
organization
KULG
|
Financial |
7
|
1 | |
|
person
KLC OpCo
|
Ownership |
7
|
1 | |
|
person
Prospective Investors
|
Financial |
7
|
1 | |
|
person
Prospective Investors
|
Legal representative |
6
|
1 | |
|
person
local and regional investors
|
Business associate |
6
|
2 | |
|
person
A group of limited partners
|
Business associate |
6
|
2 | |
|
person
Principals
|
Control affiliation |
6
|
1 | |
|
organization
General Partner
|
Management control |
6
|
2 | |
|
location
Cayman Islands
|
Jurisdictional |
6
|
1 | |
|
person
The Principals
|
Ownership management |
6
|
1 | |
|
organization
General Partner
|
Business associate |
6
|
2 | |
|
organization
k12
|
Financial |
6
|
1 | |
|
organization
KULG
|
Affiliate allocator |
6
|
2 | |
|
person
General Partner
|
Corporate structure |
5
|
1 | |
|
organization
KLC
|
Affiliate related entity |
5
|
1 | |
|
person
Principals
|
Control investment vehicle |
5
|
1 | |
|
organization
General Partner
|
Control |
5
|
1 | |
|
organization
KLC
|
Corporate structure |
5
|
1 | |
|
location
Cayman Islands
|
Unknown |
5
|
1 |
| Date | Event Type | Description | Location | Actions |
|---|---|---|---|---|
| N/A | N/A | Initial Listing (IPO) | Recognized international se... | View |
| N/A | N/A | Completion of this offering | Not specified | View |
| N/A | N/A | End of Illiquidity Period; Board must determine sale or Initial Listing. | N/A | View |
| N/A | N/A | First closing of the offering | N/A | View |
| N/A | N/A | Proposed Drag-Along Transfer | N/A | View |
| N/A | N/A | Initial Listing | International securities ex... | View |
| N/A | N/A | Potential capital raise through sale of equity or debt securities. | N/A | View |
| N/A | N/A | Initial Listing or Sale of KUE | N/A | View |
| N/A | N/A | Offering of Units | Not specified | View |
| N/A | N/A | Offering of Securities/Units | International (Non-U.S.) | View |
| N/A | N/A | Acquisition of KLC and k12 by KUE | United States | View |
| N/A | N/A | Completion of offering | N/A | View |
| N/A | N/A | Offering of Units / Investment Opportunity | Not specified | View |
| N/A | N/A | Sale of equity or debt securities | Not specified | View |
| N/A | N/A | Expiration of Illiquidity Period | N/A | View |
| 2007-03-31 | N/A | Completion of the Offering Period for the initial closing. | N/A | View |
| 2007-03-31 | N/A | Projected date for the sale of 1,000,000 Units to Investors and calculation of outstanding units. | N/A | View |
| 2007-03-31 | N/A | Expected completion of the Offering Period | N/A | View |
| 2006-07-01 | N/A | Start date for quarterly installment payments from KUE to KULG. | N/A | View |
| 2006-07-01 | N/A | Commencement of quarterly installments for the $20 million Fixed Overhead Payment. | N/A | View |
| 2006-07-01 | N/A | Commencement of $20 million annual payments from KUE to KULG. | N/A | View |
| 2006-07-01 | N/A | Commencement of $20 million annual Fixed Overhead Payment from KUE to KULG. | N/A | View |
| 2006-04-01 | N/A | Offering of $1 billion in Units by KUE | N/A | View |
| 2006-04-01 | N/A | Pro Forma adjustment date for KUE Senior Capitalization table. | N/A | View |
| 2006-04-01 | N/A | Sale of $1 billion in Units in KUE offering | Unknown | View |
This document page details the management team and advisory board of Knowledge Universe Education (KUE), listing Lowell and Michael Milken as co-founders. It outlines two major financial instruments: a $200 million promissory note payable to KULG related to the acquisition of KinderCare, and a $150 million term loan from Credit Suisse used to repay debt owed to entities controlled by Michael Milken. The document is stamped with House Oversight markings.
This document (Page 73, House Oversight stamp 024506) outlines the corporate structure and management of Knowledge Universe Education (KUE). It identifies Michael Milken, Lowell Milken, and Steven Green as the 'Principals' and controlling shareholders, detailing KUE's ownership stakes in subsidiaries KLC and k12. The text also discloses a financial arrangement wherein KUE pays KULG $20 million annually for services starting July 1, 2006.
This document appears to be page 70 of a larger report produced for the House Oversight Committee (Bates stamp HOUSE_OVERSIGHT_024503). It is a market analysis report prepared by or for 'KUE' (likely Knowledge Universe Education), analyzing global education markets with a specific focus on China (Section 8.5.1). The text details demographic trends, government spending, and the growth of private pre-school education in China, citing 2006 data sources.
This document appears to be page 67 of a market research or due diligence report (likely an Investment Memorandum) analyzing the U.S. education market, specifically Early Childhood Education (ECE) and K-12 sectors. It details the financials of 'LPA' (owned by JP Morgan Capital) and Nobel Learning Communities, while also discussing government funding, the 'No Child Left Behind Act,' and market demographics. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was produced during the House Oversight Committee's investigation, likely regarding JP Morgan's business dealings.
This document appears to be a page from a business presentation or investment memorandum (likely for 'KUE' / Knowledge Universe Education) analyzing the Education and Early Childcare (Pre-K) markets. It provides statistical data from 2005 regarding market size ($1.0 trillion for US education), for-profit growth projections, and the fragmentation of the childcare market. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a congressional document production.
This document appears to be page 62 of a business report or pitch deck (marked with a House Oversight Bates stamp). It argues for the economic value of Early Childhood Education (ECE) using U.S. Census Bureau data on lifetime earnings and studies by economist James Heckman. The text concludes by stating that KUE (Knowledge Universe) has made its largest initial investment in KLC (Knowledge Learning Corp) based on these economic principles.
This document is page 61 of a business report (Bates stamped HOUSE_OVERSIGHT_024494) titled 'Industry Overview'. It outlines KUE's (likely Knowledge Universe) investment thesis regarding Human Capital, arguing that education is the primary driver of value in the modern economy. It cites 2005 data from the Federal Reserve and economist Gary Becker to contrast the $238 Trillion Human Capital market against the $62 Trillion U.S. Balance Sheet.
This document is page 60 of a larger file (identified by Bates stamp HOUSE_OVERSIGHT_024493) outlining the 'Distribution Policy' for an organization. It states that the entity intends to retain earnings for growth and debt service rather than issuing distributions, subject to the discretion of the General Partner and specific financial restrictions placed on an entity named KLC, which affects KUE's ability to distribute to partners.
This document appears to be page 57 of a Private Placement Memorandum or similar financial risk disclosure associated with an entity named 'KUE' (likely an Epstein-affiliated entity) and its subsidiary 'KLC'. It outlines significant financial risks to investors, specifically stating that investors may never receive cash distributions and that KUE's ability to pay is limited by the debt obligations of its subsidiary, KLC, which is bound by an indenture with Wells Fargo Bank. The document also notes that the investment units are illiquid, not registered under the Securities Act, and governed in part by Cayman Islands law.
This document is page 56 of a financial offering memorandum (likely for a private placement). It details the risks associated with investing in 'Units' of a company connected to 'KUE' (Knowledge Universe Education) and 'k12'. The text outlines legal disclaimers regarding financial projections, the repayment of KUE's debt using offering proceeds, and the limited information rights afforded to investors under KUE's Limited Partnership Agreement.
This document is page 55 of a financial memorandum (likely a Private Placement Memorandum) stamped by the House Oversight Committee. It details risk factors regarding tax legislation (anti-inversion), currency fluctuations, and reporting requirements (IRS Forms 8865/5471) for investors in 'KUE' and 'KLC'. It specifically warns investors about the reliability of financial projections for the years 2006-2011 and details a 'Fixed Overhead Payment Agreement' involving $20 million, of which $17.5 million is payable by KUE.
This document appears to be page 54 of a legal offering memorandum or financial disclosure for an entity named 'KUE'. It details complex tax risks for investors, specifically regarding U.S. tax liabilities for foreign investors, Controlled Foreign Corporations (CFCs), and anti-inversion legislation. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it is part of a congressional investigation.
This document page appears to be part of a risk factors section from a financial prospectus or offering memorandum, stamped by the House Oversight Committee. It details risks associated with entities named 'KLC' (regarding environmental liabilities on real estate) and 'KUE' (regarding its limited operating history and complex U.S. partnership tax implications). The text warns investors about potential IRS challenges to income allocations and the lack of consolidated financial statements for KUE.
This document is page 45 of a financial offering memorandum (likely a PPM) detailing risk factors associated with a $280 million investment offering closing around March 31, 2007. It outlines risks related to international expansion in the for-profit education sector, specifically regarding currency fluctuations, political instability, and legal differences in foreign jurisdictions. It also highlights the company's dependence on key personnel referred to as 'the Principals' and mentions entities KUE LLC and KLC.
This document is a page from a House Oversight report listing the Board of Directors for an entity named KSI. It includes biographical details for directors Ralph Finerman, Stanley E. Maron, and Wendi Murdoch, while referring readers to other sections for the biographies of Les Biller, Stephen Goldsmith, Steven Green, Lowell Milken, Jeff Safchik, and Richard Sandler. The document establishes connections between these individuals and various entities including KLC, KUE, Krest LLC, and News Corporation.
This document is page 155 of a larger file (Bates stamped HOUSE_OVERSIGHT_024588) detailing the 'Real Estate Management Team' for Greenstreet Real Estate Partners. It lists Steven Green (CEO) and Jeffrey Safchik (CFO), referring the reader to the 'KUE Advisory Board section' for their bios. The page primarily features a detailed professional biography for Steven Cox, Executive VP of Real Estate, highlighting his past roles at Tishman Heskin Partners and the Heskin Group, and his management of billion-dollar real estate assets.
This document is a biography sheet for the 'KUE Advisory Board,' likely produced during a House Oversight investigation (Bates stamp HOUSE_OVERSIGHT_024585). It details the professional backgrounds of three individuals: Les Biller (former Wells Fargo COO), Ted Mitchell (CEO of New Schools Venture Fund), and Tsvi Gal (CTO of Deutsche Bank Asset Management), listing their corporate affiliations, board memberships, and educational history.
This document is a biographical overview of five executives at KUE (Knowledge Universe Education): Jeffrey Safchik, Richard Sandler, Adam Cohn, Geoffrey Moore, and Michael Neumann. It details their professional backgrounds, including affiliations with the Milken Family Foundation, Greenstreet Real Estate Partners, and prior roles at major financial and media institutions. The document appears to be an exhibit (labeled HOUSE_OVERSIGHT_024583) from a US House Oversight Committee investigation.
This document is a biographical executive summary for 'KUE' (Knowledge Universe Education), likely part of a larger House Oversight report (Bates stamped HOUSE_OVERSIGHT_024582). It details the professional backgrounds of three key executives: Vice Chairman Ted Sanders, SVP Stephen Goldsmith, and SVP Nina Shokraii Rees, highlighting their extensive experience in education policy, government service (including roles in the Bush administrations), and academia. The document also briefly references Mr. Milken's (Michael Milken) education at the top.
This document creates a management profile for a company called KUE, likely part of a larger offering memorandum or business proposal. It details the biographies of the three principals: Michael Milken (Chairman), Steven Green (Vice Chairman), and Lowell Milken (CEO), highlighting their philanthropic work, past business leadership (Samsonite, Heron International), and government service (Green's ambassadorship). The document bears a House Oversight Bates stamp, indicating it was part of a congressional inquiry.
This document appears to be page 145 of a legal or financial offering memorandum concerning an entity named 'KUE'. It details the tax filing requirements for U.S. investors (Limited Partners), specifically referencing IRS Forms 8865 and 5471 regarding foreign investments. The page concludes with a standard legal disclaimer advising investors to consult their own tax advisors.
This document appears to be page 144 of a legal or financial agreement (likely an offering memorandum) concerning an entity named 'KUE'. It details tax implications for partners, specifically regarding 'Gain on Sale', 'U.S. Real Property Holding Corporation' (USRPHC) status, and backup withholding rules. It also outlines strict reporting requirements for nominees holding interests on behalf of beneficial owners. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it is part of a congressional investigation.
This page is part of a legal or financial document (page 143) detailing the tax implications for Limited Partners in an entity named 'KUE'. It outlines technical rules regarding nonrecourse liabilities, in-kind distributions, the calculation of tax basis for Common LP Units, limitations on deducting company losses, and specific withholding requirements (30%) for Non-U.S. persons. The document bears a House Oversight Committee Bates stamp.
This document is page 142 of a legal memorandum or prospectus, stamped HOUSE_OVERSIGHT_024575, detailing the U.S. federal income taxation rules for partners in an entity named KUE. It discusses 'anti-inversion legislation,' the acquisition of entities 'KLC' and 'k12', and specific valuations for LP Units ($999) and GP Shares ($1). The text outlines tax liabilities, the flow-through of taxable income, and potential IRS challenges regarding allocation provisions.
This document page (Bates stamp HOUSE_OVERSIGHT_024574) is an excerpt from a financial offering memorandum detailing the U.S. federal income tax considerations for investing in an entity identified as 'KUE.' It defines 'U.S. Person' for tax purposes and asserts KUE's belief that it functions as a partnership, meaning it incurs no federal income tax liability itself, though it notes that legal counsel has not rendered a formal opinion on these tax consequences. The text also outlines 'anti-inversion legislation' regarding non-U.S. corporations treated as U.S. corporations.
| Date | Type | From | To | Amount | Description | Actions |
|---|---|---|---|---|---|---|
| N/A | Received | local and regiona... | KUE | $0.00 | 1,000,000 Class A Shares | View |
| 2007-03-31 | Received | local and regiona... | KUE | $1,000.00 | Price per Unit ($999 to Common LP Unit, $1 to C... | View |
| 2006-04-01 | Paid | KUE | KULG | $183,900,000.00 | Outstanding balance owed under the promissory note | View |
| 2004-10-27 | Received | Knowledge Univers... | KUE | $0.00 | Distribution of KSI shares upon liquidation of ... | View |
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