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According to the Bank’s website, Cintana leverages the expertise of its seasoned management team and the exclusive contract with Arizona State University (ASU) that provides access to their curriculum and student-facing technologies via a content repository and use of mark and brand. As of year-end 2025, Cintana provides services to 36 universities in 30 countries, reaching 330,000 students. The proposed Project is a $7.5 million investment in fully paid non assessable convertible preferred shares and will facilitate the expansion of higher education clients in emerging markets, including satellite campuses and greenfield universities.
This is a Category C project, according to IFC's Policy on Social and Environmental Sustainability, as IFC's environmental and social (E&S) due diligence indicates that the project presents minimal E&S risks and impacts. The Company leases office space and uses off-the-shelf equipment to provide consulting services to higher education institutions in emerging markets. While all IFC Performance Standards (PSs) are applicable to this investment, the E&S issues in this project relate to: i) life and fire safety at office spaces; and ii) labor and working conditions including policies such as prevention of sexual harassment, equal opportunity, and grievance mechanism. IFC concluded that E&S issues and risks are managed in a manner consistent with PS 1 and 2.
The proposed Project is a $7.5 million investment in fully paid non assessable convertible preferred shares.
Cintana Education Holdings, LLC is an education management services company, helping higher education institutions worldwide achieve scale and academic excellence through long-term strategic partnerships, curriculum development, and operational support.
Cintana's principal shareholders include its Founder and Chairman, Douglas Becker; co-founding investors Steven Taslitz and Chris Hoehn Saric; and Arizona State University (via ASUEP Holdings, LLC). Other investors include prominent family office investors with an interest in education and social impact. The Company's co-founders, Douglas Becker, Steven Taslitz, and Chris Hoehn Saric, are the Project's Sponsors.
The Company is headquartered in Tempe, Arizona, USA, however its operations are Global, with a focus on emerging markets in Latin America, Asia, Eastern Europe, Central Asia, and the Middle East.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | Cintana Education Holdings, LLC | Client | - |
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