Milbank Leads Baring's $48M Buy Into Chinese School Co.

Law360, New York (January 9, 2012, 2:13 PM EST) -- Baring Private Equity Partners Asia, the former private equity arm of Dutch insurer ING Group, has taken a 7.8 percent stake in Ambow Education Holding Ltd., a Chinese provider of education and career counseling services, the companies revealed Monday.

Campus Holdings Ltd., a venture formed in October for the purpose of acquiring Ambow shares, has bought $48.2 million in Ambow shares since November, according to documents filed with the U.S. Securities & Exchange Commission.

Ambow will join the firm's other education investments, which include K-12, college...
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