Education Opportunity Fund rebrands as Avathon Capital; launches $400M asset under management to fuel innovation and impact in the education and workforce management markets

Sterling Partners’ Education Opportunity Fund (EOF) announced today it is rebranding as Avathon Capital to better communicate its vision and investment approach. In conjunction with rebranding, the company also announced it has doubled its assets under management to $404 million since its launch in 2015.

Founded in 2015, Avathon Capital is led by EOF Co-Founders and Managing Directors Chris Hoehn-Saric, Shoshana Vernick and Jason Rosenberg. The Chicago, IL-based Avathon selectively targets opportunities where it can invest $10 to $50 million of equity capital and take a meaningful ownership position in companies with the potential to become enduring and strategically important businesses in their market. Avathon is part of Sterling Partners.

Investing in education and training has grown more complex as these markets evolve and as innovation reshapes the future of learning and work. Although EOF has been successful in this changing environment, Avathon represents an evolution that combines decades of experience, deep relationships and a commitment to a more holistic view of investing.

Coined from two ancient Greek words, “av” meaning “to bind together”, and “athon” from marathon. Avathon signifies meaningful connections and enduring success and showcases its commitment to supporting its partners as they build important companies designed for growth and impact.

“Our team is so excited for this opportunity to share exactly who we are and what makes us unique,” Vernick said. “Executives and entrepreneurs want to know that they are in business with an investment partner that treats everyone fairly, that has put in the time to understand their market, and brings the relationships and expertise needed to make good choices along the way.”

Avathon’s flexible approach allows it to make both minority and majority investments. It seeks established businesses that have proven product-market fit and a clear path to profitable growth and impact. Avathon turns its relationships and experiences into a competitive advantage to offer its partners creative and long-lasting opportunities that benefit all stakeholders.