SCHEDULE 13D/A: Point72 Affiliates Update Laureate Education Stake, Reporting 12.1% Beneficial Ownership After Redemptions
Schedule 13D Amendment
CPV Partners, LLC and Steven A. Cohen have filed an Amendment No. 8 to their Schedule 13D, disclosing a current beneficial ownership of 12.1% in Laureate Education, Inc. following recent redemptions.
Summary
- CPV Partners, LLC and Steven A. Cohen (the "Reporting Persons") currently beneficially own an aggregate of 18,179,391 shares of Laureate Education, Inc. Common Stock, representing approximately 12.1% of the outstanding shares.
- This percentage is based on 150,784,847 shares of Common Stock outstanding as of January 31, 2025, as disclosed in Laureate Education's Annual Report on Form 10-K.
- As of November 15, 2023, following a Rule 144 Sale by Wengen, the Reporting Persons' aggregate beneficial ownership was 22,440,628 shares, or approximately 14.3% of the then outstanding shares.
- As of March 1, 2024, following the "2024 Redemption" where Wengen investors redeemed interests for shares, the Reporting Persons' aggregate beneficial ownership was 18,700,222 shares, or approximately 11.9% of the then outstanding shares.
- On March 7, 2025, a "2025 Redemption" occurred, where certain investors in Wengen, including an entity controlled by CPV Partners, elected to redeem their interests in exchange for 2,479,169 shares of Common Stock, which were received by an entity controlled by CPV Partners for no additional consideration.
Sentiment
Score: 5
Explanation: The document is a factual update on beneficial ownership changes. While the overall percentage held by the reporting persons has decreased from a previous high, the latest transaction involved CPV Partners receiving shares, leading to a neutral overall sentiment as it primarily reflects structural changes in holdings rather than a direct positive or negative assessment of the company.
Positives
- An entity controlled by CPV Partners received an aggregate of 2,479,169 shares of Common Stock on March 7, 2025, for no additional consideration, increasing their direct holdings.
Negatives
- The aggregate beneficial ownership of the Reporting Persons has decreased from approximately 14.3% as of November 15, 2023, to 12.1% as of the current filing, representing a reduction in their overall percentage stake in Laureate Education, Inc.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding the Issuer's operations or financial performance.
Industry Context
This filing is a routine disclosure of changes in significant beneficial ownership by an institutional investor group, which is common in the public markets and does not inherently reflect broader industry trends or competitive dynamics.
Related Party Transactions
- The "2025 Redemption" involved an entity controlled by CPV Partners and an affiliate of CPV Partners electing to redeem their interests in Wengen in exchange for shares of Common Stock.
Stakeholder Impact
- Shareholders: The change in beneficial ownership by a significant investor group may influence market perception and trading activity, reflecting shifts in major investor stakes.
Key Dates
| Date | Description |
|---|---|
| 02/16/2017 | Initial Schedule 13D filed by Point72 Asset Management, L.P., Point72 Capital Advisors, Inc. and Steven A. Cohen. |
| 01/05/2018 | Amendment No. 1 to Schedule 13D filed by the Initial Reporting Persons. |
| 04/25/2018 | Amendment No. 2 to Schedule 13D filed by the Initial Reporting Persons and Cohen Private Ventures, LLC. |
| 11/21/2018 | Amendment No. 3 to Schedule 13D filed by Steven A. Cohen and Cohen Private Ventures. |
| 01/04/2019 | Amendment No. 4 to Schedule 13D filed by CPV Partners, LLC, Steven A. Cohen and Cohen Private Ventures. |
| 06/19/2019 | Amendment No. 5 to Schedule 13D filed by Steven A. Cohen and CPV Partners. |
| 04/02/2021 | Amendment No. 6 to Schedule 13D filed by Steven A. Cohen and CPV Partners. |
| 11/08/2021 | Amendment No. 7 to Schedule 13D filed by Steven A. Cohen and CPV Partners. |
| 11/14/2023 | Wengen sold 1,630,012 shares of Common Stock through one or more trades under Rule 144. |
| 11/15/2023 | Following the Rule 144 Sale, Wengen held 19,225,572 shares (12.2%), and Reporting Persons' aggregate beneficial ownership was 22,440,628 shares (14.3%). |
| 03/01/2024 | Certain investors in Wengen elected to redeem their interests in exchange for shares (the "2024 Redemption"). Wengen held 15,485,166 shares (9.8%), and Reporting Persons' aggregate beneficial ownership was 18,700,222 shares (11.9%). |
| 01/31/2025 | 150,784,847 shares of Common Stock outstanding, as disclosed in the Issuer's Annual Report on Form 10-K. |
| 02/20/2025 | Issuer filed Annual Report on Form 10-K for the fiscal year ended December 31, 2025. |
| 03/07/2025 | Certain investors in Wengen, including an entity controlled by CPV Partners, elected to redeem their interests in exchange for 2,479,169 shares of Common Stock (the "2025 Redemption"). |
| 03/11/2025 | Date of filing of this Amendment No. 8 to Schedule 13D. |
Keywords
Laureate Education Inc., Common Stock, Schedule 13D, Beneficial Ownership, CPV Partners, Steven A. Cohen, Wengen, SEC Filing, Institutional Investor
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