On January 19, David Halperin published a piece with the Huffington Post on the purchase of a controlling interest in Inside Higher Ed by the private-equity firm Quad Partners, which has invested heavily in for-profit colleges and educational consulting firms.
Here are the opening paragraphs of Halperin’s article:
“Quad Partners, a New York private equity firm that is invested heavily in the for-profit college industry, and whose founder has aggressively opposed regulation of that troubled industry, has acquired a controlling stake in the respected trade publication Inside Higher Ed (IHE), which often reports on for-profit colleges and the policy disputes surrounding them. There has been no public announcement, but the Quad Partners website now lists (http://www.quadpartners.com/portfolio/) Inside Higher Ed as one of its investments, among a range of education-related companies. . . .
“Doug Lederman, one of IHE‘s two top editors, confirmed to me that Quad purchased (http://www.kramerlevin.com/jmoriarty/) a…
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