Kirkland & Ellis advised KKR-backed EQuest Education Group on its debt financing for its acquisition of a controlling stake in Khoi Nguyen Education Group (KNE), an education services provider operating international and bilingual schools in Vietnam. EQuest Education Group is KKR Global Impact Fund’s fourth investment globally in the educational and workforce development space and is one of the largest private educational institutions in Vietnam with a diversified portfolio across Vietnam’s education sector. Established in 2010, KNE is the owner of the Canadian International and Bilingual School System with four member schools in Ho Chi Minh City and three professional education service companies. The transaction completed in December 2022. The Kirkland team was led by debt finance partner Karen Ho, and included debt finance partner Jacqueline Zheng and associate Sean Zhang.