Relationship Details

This document is the cover page of a Confidential Private Placement Memorandum dated September 27, 2006, for a $1 billion offering by Knowledge Universe Education L.P. (KUE). The offering consists of investment units priced at $1,000 each, managed by Goldman Sachs and Credit Suisse as placement agents. KUE is described as a Cayman Islands partnership that controls Knowledge Learning Corporation, the largest for-profit early childhood education company in the U.S.

This document is a summary of terms for a financial transaction involving the offering of investment units in Knowledge Universe Education L.P. (KUE), a Cayman Islands entity. The offering aims to raise between $1 billion and $1.5 billion USD, with individual units priced at $1,000, and is expected to close by March 31, 2007. The document details the structure of the units, comprising interest in the limited partnership and shares in the General Partner (KUE Management Inc.), as well as minimum ($25M) and maximum ($185M) investment thresholds.

This document is an organizational chart outlining a pro forma structure for a $1 billion funding round for Knowledge Universe. It details a complex hierarchy involving Delaware LLCs and Cayman Islands entities, showing the flow of ownership from 'Principals' down to operating companies like Knowledge Learning Corporation and k12 Inc. The chart specifies share classes, LP units, and ownership percentages at each level of the corporate structure.