# Adtalem Global Education

Adtalem Global Education is an Investment Holding Company based in Chicago, United States.

## Overview

- **Organization type:** Investment Holding Company
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 1962
- **Assets under management:** Undisclosed
- **Website:** adtalem.com
- **LinkedIn:** https://www.linkedin.com/company/adtalem-global-educationabc

## Regulatory record

- **Reports private funds:** No

## About

Adtalem Global Education offers medical and healthcare education through various curriculums, certifications, and training programs. The company serves sectors requiring healthcare workforce development and education. Founded in 1973, Adtalem Global Education is based in Chicago, Illinois.

## Sectors

- Education
- Healthcare Services

## People

- Stephen Beard — Chief Executive Officer
- Robert P. Breen — Chairman of the Board

## Questions

### Who makes investment decisions at Adtalem Global Education?

Stephen Beard serves as CEO and is responsible for overall strategy and capital allocation. The board, chaired by Robert P. Breen, approves major acquisitions. As a public company, all material investment decisions are disclosed in SEC filings.

### How does Adtalem source acquisition targets?

Adtalem targets accredited educational institutions in healthcare, nursing, and professional fields. It evaluates schools based on accreditation, student outcomes, and regulatory posture. Acquisitions are funded through balance-sheet capital, debt, or equity issuance.

### What educational institutions does Adtalem own?

Confirmed holdings include Chamberlain University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. It also holds interests in accounting professional education via a joint venture with AICPA.

### Does Adtalem make private investments in startups or venture funds?

No — Adtalem does not operate a venture capital or private equity fund. Its capital deployment is limited to acquiring and operating accredited educational institutions, as disclosed in its public filings.

### Where does Adtalem's revenue come from?

Revenue derives primarily from tuition and fees at its owned institutions, along with licensing of curricula and assessment products. The healthcare segment is the largest contributor, driven by nursing and medical education programs.

### Has Adtalem made any recent acquisitions?

Fiscal year 2025 did not disclose any new material acquisitions (per SEC filings, October 2024). The firm has focused on organic growth and management succession under new CEO Stephen Beard.

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Last updated: 2026-06-03T20:00:00.000Z

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