organization · Reporting owner

Sterling Fund Management LLC

Disclosed activity across 3 companies

Tapewire entity: 87584
SEC CIK: 0001611545

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
Adeptus Health Inc.ADPT · Entity 175318	Director · 10% owner	January 03, 2017	January 05, 2017
LAUREATE EDUCATION, INC.LAUR · Entity 1751	10% owner	May 28, 2021	June 02, 2021

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Adeptus Health Inc.

Report date January 03, 2017 · Filed January 05, 2017

Jointly reported with Sterling Fund Management Holdings, L.P., Sterling Fund Management Holdings GP, LLC, Rosenberg Daniel

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Class A Common StockSEC Table I · non-derivative	IndirectSee footnotes	14,427	Reported balance After 2017-01-03 transaction · row 1 Holding and transaction disclosures are not merged. 1 source row Row 1 · 2017-01-03 · Grant · Acquired 8,834 · Balance 14,427 F1: Represents grant of restricted shares of Class A Common Stock of Adeptus Health Inc. (the "Issuer") that vests in full on January 3, 2018. F2: Represents restricted shares of Class A Common Stock of the Issuer granted as director compensation to current and former members of the Issuer's board of directors who are employees of Sterling Fund Management, LLC and hold such shares of Class A Common Stock for and on behalf of Sterling Fund Management, LLC, which acts as an advisor to SCP III AIV THREE-FCER, L.P. and SCP III AIV THREE-FCER Conduit, L.P. (the "Sterling Funds"). A portion of the proceeds of any disposition of these securities will be applied against management fees attributable to limited partners of the Sterling Funds which are payable to the advisor. Sterling Fund Management, LLC is wholly-owned by Sterling Fund Management Holdings, L.P., whose general partner, Sterling Fund Management Holdings GP, LLC is managed by Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric. F4: Sterling Capital Partners III, LLC is the general partner of SC Partners III, L.P., the general partner of each of the Sterling Funds. Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric are the managers of Sterling Capital Partners III, LLC. Mr. Rosenberg also has an indirect interest in the securities of the Issuer held by or on behalf of the Sterling Funds.
Class A Common StockSEC Table I · non-derivative	IndirectSee footnotes	1,009,813	Reported balance Holding disclosure · report date 2017-01-03 · row 2 Holding and transaction disclosures are not merged. 1 source row Row 2 · Balance 1,009,813 F3: Shares of Class A Common Stock of the Issuer are held by SCP III AIV THREE-FCER Conduit, L.P. F4: Sterling Capital Partners III, LLC is the general partner of SC Partners III, L.P., the general partner of each of the Sterling Funds. Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric are the managers of Sterling Capital Partners III, LLC. Mr. Rosenberg also has an indirect interest in the securities of the Issuer held by or on behalf of the Sterling Funds.

Filing footnotes · ownership attribution and instrument terms

F1: Represents grant of restricted shares of Class A Common Stock of Adeptus Health Inc. (the "Issuer") that vests in full on January 3, 2018.

F2: Represents restricted shares of Class A Common Stock of the Issuer granted as director compensation to current and former members of the Issuer's board of directors who are employees of Sterling Fund Management, LLC and hold such shares of Class A Common Stock for and on behalf of Sterling Fund Management, LLC, which acts as an advisor to SCP III AIV THREE-FCER, L.P. and SCP III AIV THREE-FCER Conduit, L.P. (the "Sterling Funds"). A portion of the proceeds of any disposition of these securities will be applied against management fees attributable to limited partners of the Sterling Funds which are payable to the advisor. Sterling Fund Management, LLC is wholly-owned by Sterling Fund Management Holdings, L.P., whose general partner, Sterling Fund Management Holdings GP, LLC is managed by Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric.

F3: Shares of Class A Common Stock of the Issuer are held by SCP III AIV THREE-FCER Conduit, L.P.

F4: Sterling Capital Partners III, LLC is the general partner of SC Partners III, L.P., the general partner of each of the Sterling Funds. Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric are the managers of Sterling Capital Partners III, LLC. Mr. Rosenberg also has an indirect interest in the securities of the Issuer held by or on behalf of the Sterling Funds.

LAUREATE EDUCATION, INC.

Report date May 28, 2021 · Filed June 02, 2021

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Class A Common StockSEC Table I · non-derivative	Direct	13,620	Reported balance After 2021-05-28 transaction · row 1 Account or security details depend on footnotes; rows are not merged. 1 source row Row 1 · 2021-05-28 · Other · Acquired 13,620 · Balance 13,620 F1: Represents shares of Class A common stock of Laureate Education, Inc. (the "Issuer") previously issued to Steven M. Taslitz pursuant to Laureate's non-employee director compensation plan, which, pursuant to the Founders' Agreement (as defined below) and the organizational documents of certain entities affiliated with Sterling, were transferred to the Reporting Person. F2: Pursuant to an agreement (the "Founders' Agreement") among Mr. Taslitz, Douglas L. Becker and R. Christopher Hoehn-Saric and one other founder of Sterling (the "Sterling Founders"), the Sterling Founders share equally, on a net after-tax basis, in certain equity securities they receive in connection with services rendered by any of them to certain entities, including the Issuer. Each Sterling Founder controls the voting and disposition of the securities allocable to such Sterling Founder. F3: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. This filing shall not be deemed an admission that the Reporting Person is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Exchange Act or otherwise.

Filing footnotes · ownership attribution and instrument terms

F1: Represents shares of Class A common stock of Laureate Education, Inc. (the "Issuer") previously issued to Steven M. Taslitz pursuant to Laureate's non-employee director compensation plan, which, pursuant to the Founders' Agreement (as defined below) and the organizational documents of certain entities affiliated with Sterling, were transferred to the Reporting Person.

F2: Pursuant to an agreement (the "Founders' Agreement") among Mr. Taslitz, Douglas L. Becker and R. Christopher Hoehn-Saric and one other founder of Sterling (the "Sterling Founders"), the Sterling Founders share equally, on a net after-tax basis, in certain equity securities they receive in connection with services rendered by any of them to certain entities, including the Issuer. Each Sterling Founder controls the voting and disposition of the securities allocable to such Sterling Founder.

F3: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. This filing shall not be deemed an admission that the Reporting Person is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Exchange Act or otherwise.

Past disclosures · reporting ended (1)

No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.

Keypath Education International, Inc.

Report date September 10, 2024 · Filed September 12, 2024

Section 16 reporting ended · disclosed 2024-09-12. Current position is not established by this disclosure.

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	IndirectSee below	0	Reported balance After 2024-09-10 transaction · row 1 Account identity is unresolved; indirect or unspecified ownership is not merged. 1 source row Row 1 · 2024-09-10 · Disposition to issuer · Disposed 141,687,978 · Balance 0 F1: In connection with the acquisition of the Issuer by Karpos Intermediate, LLC, an affiliate of Sterling Partners, pursuant to the Agreement and Plan of Merger, dated as of May 23, 2024, by and among the Issuer, Karpos Intermediate, LLC and Karpos Merger Sub, Inc., and pursuant to the Contribution and Exchange Agreement between AVI Mezz Co., L.P. and Sterling Karpos Holdings, LLC, dated May 23, 2024, the reported securities were exchanged for Sterling Karpos Holdings, LLC Equity Units. F2: The reported securities were directly held by AVI Mezz Co., L.P. The general partner of AVI Mezz Co., L.P. is Sterling Capital Partners IV, L.P. ("SCP IV"). The general partner of SCP IV is SC Partners IV, LP ("SC Partners LP"). The general partner of SC Partners LP is Sterling Capital Partners IV, LLC ("SC Partners IV"). SCP IV is party to a management agreement with Sterling Fund Management, LLC. Each of these persons disclaim beneficial ownership of the securities reported herein, except to the extent of such person's pecuniary interest therein. F3: This filing shall not be deemed an admission that any of these persons is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by such person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.

Filing footnotes · ownership attribution and instrument terms

F1: In connection with the acquisition of the Issuer by Karpos Intermediate, LLC, an affiliate of Sterling Partners, pursuant to the Agreement and Plan of Merger, dated as of May 23, 2024, by and among the Issuer, Karpos Intermediate, LLC and Karpos Merger Sub, Inc., and pursuant to the Contribution and Exchange Agreement between AVI Mezz Co., L.P. and Sterling Karpos Holdings, LLC, dated May 23, 2024, the reported securities were exchanged for Sterling Karpos Holdings, LLC Equity Units.

F2: The reported securities were directly held by AVI Mezz Co., L.P. The general partner of AVI Mezz Co., L.P. is Sterling Capital Partners IV, L.P. ("SCP IV"). The general partner of SCP IV is SC Partners IV, LP ("SC Partners LP"). The general partner of SC Partners LP is Sterling Capital Partners IV, LLC ("SC Partners IV"). SCP IV is party to a management agreement with Sterling Fund Management, LLC. Each of these persons disclaim beneficial ownership of the securities reported herein, except to the extent of such person's pecuniary interest therein.

F3: This filing shall not be deemed an admission that any of these persons is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by such person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.

Transaction history

JSON API

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
September 10, 2024 Filed Sep 12, 2024 21:51 UTC	Keypath Education International, Inc. NONE · Entity 87581	Disposition to issuerCommon Stock	141,687,978	Not disclosed	Not disclosed	Disclosure SEC source: 0001213900-24-078271 · ownership.xml · nonDerivative · entry 1 Sterling Fund Management LLC · CIK 0001611545 · 10% owner 10b5-1 filing: No plan indicated Ownership: Indirect · See below Disclosed balance after: 0 F1 · price: In connection with the acquisition of the Issuer by Karpos Intermediate, LLC, an affiliate of Sterling Partners, pursuant to the Agreement and Plan of Merger, dated as of May 23, 2024, by and among the Issuer, Karpos Intermediate, LLC and Karpos Merger Sub, Inc., and pursuant to the Contribution and Exchange Agreement between AVI Mezz Co., L.P. and Sterling Karpos Holdings, LLC, dated May 23, 2024, the reported securities were exchanged for Sterling Karpos Holdings, LLC Equity Units. F2 · ownership.nature: The reported securities were directly held by AVI Mezz Co., L.P. The general partner of AVI Mezz Co., L.P. is Sterling Capital Partners IV, L.P. ("SCP IV"). The general partner of SCP IV is SC Partners IV, LP ("SC Partners LP"). The general partner of SC Partners LP is Sterling Capital Partners IV, LLC ("SC Partners IV"). SCP IV is party to a management agreement with Sterling Fund Management, LLC. Each of these persons disclaim beneficial ownership of the securities reported herein, except to the extent of such person's pecuniary interest therein. F3 · ownership.nature: This filing shall not be deemed an admission that any of these persons is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by such person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise. Read SEC document
May 28, 2021 Filed Jun 2, 2021 21:43 UTC	LAUREATE EDUCATION, INC. LAUR · Entity 1751	OtherClass A Common Stock	13,620	Not disclosed	Not disclosed	Disclosure SEC source: 0001104659-21-075867 · tm2118288-1_4seq.xml · nonDerivative · entry 1 Sterling Fund Management LLC · CIK 0001611545 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,620 F1 · kind: Represents shares of Class A common stock of Laureate Education, Inc. (the "Issuer") previously issued to Steven M. Taslitz pursuant to Laureate's non-employee director compensation plan, which, pursuant to the Founders' Agreement (as defined below) and the organizational documents of certain entities affiliated with Sterling, were transferred to the Reporting Person. F1 · price: Represents shares of Class A common stock of Laureate Education, Inc. (the "Issuer") previously issued to Steven M. Taslitz pursuant to Laureate's non-employee director compensation plan, which, pursuant to the Founders' Agreement (as defined below) and the organizational documents of certain entities affiliated with Sterling, were transferred to the Reporting Person. F2 · balance_after: Pursuant to an agreement (the "Founders' Agreement") among Mr. Taslitz, Douglas L. Becker and R. Christopher Hoehn-Saric and one other founder of Sterling (the "Sterling Founders"), the Sterling Founders share equally, on a net after-tax basis, in certain equity securities they receive in connection with services rendered by any of them to certain entities, including the Issuer. Each Sterling Founder controls the voting and disposition of the securities allocable to such Sterling Founder. F3 · balance_after: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. This filing shall not be deemed an admission that the Reporting Person is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Exchange Act or otherwise. Read SEC document
January 03, 2017 Filed Jan 5, 2017 16:19 UTC	Adeptus Health Inc. ADPT · Entity 175318	GrantClass A Common Stock	8,834	$0.00	$0.00	Disclosure SEC source: 0001104659-17-000931 · a4.xml · nonDerivative · entry 1 Sterling Fund Management LLC · CIK 0001611545 · Director · 10% owner Sterling Fund Management Holdings, L.P. · CIK 0001611546 · Director · 10% owner Sterling Fund Management Holdings GP, LLC · CIK 0001611469 · Director · 10% owner Rosenberg Daniel · CIK 0001352791 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 14,427 F1 · shares: Represents grant of restricted shares of Class A Common Stock of Adeptus Health Inc. (the "Issuer") that vests in full on January 3, 2018. F2 · balance_after: Represents restricted shares of Class A Common Stock of the Issuer granted as director compensation to current and former members of the Issuer's board of directors who are employees of Sterling Fund Management, LLC and hold such shares of Class A Common Stock for and on behalf of Sterling Fund Management, LLC, which acts as an advisor to SCP III AIV THREE-FCER, L.P. and SCP III AIV THREE-FCER Conduit, L.P. (the "Sterling Funds"). A portion of the proceeds of any disposition of these securities will be applied against management fees attributable to limited partners of the Sterling Funds which are payable to the advisor. Sterling Fund Management, LLC is wholly-owned by Sterling Fund Management Holdings, L.P., whose general partner, Sterling Fund Management Holdings GP, LLC is managed by Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric. F2 · ownership.nature: Represents restricted shares of Class A Common Stock of the Issuer granted as director compensation to current and former members of the Issuer's board of directors who are employees of Sterling Fund Management, LLC and hold such shares of Class A Common Stock for and on behalf of Sterling Fund Management, LLC, which acts as an advisor to SCP III AIV THREE-FCER, L.P. and SCP III AIV THREE-FCER Conduit, L.P. (the "Sterling Funds"). A portion of the proceeds of any disposition of these securities will be applied against management fees attributable to limited partners of the Sterling Funds which are payable to the advisor. Sterling Fund Management, LLC is wholly-owned by Sterling Fund Management Holdings, L.P., whose general partner, Sterling Fund Management Holdings GP, LLC is managed by Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric. F4 · ownership.nature: Sterling Capital Partners III, LLC is the general partner of SC Partners III, L.P., the general partner of each of the Sterling Funds. Messrs. Steven M. Taslitz, Merrick M. Elfman, Douglas L. Becker and R. Christopher Hoehn-Saric are the managers of Sterling Capital Partners III, LLC. Mr. Rosenberg also has an indirect interest in the securities of the Issuer held by or on behalf of the Sterling Funds. Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.