The Pearson Affordable Learning Fund (PALF) makes minority equity investments in for-profit companies to meet a growing demand for affordable education services across the developing world. Extensive market research has shaped our belief that we need both efficient public and private education actors working in tandem, if we are ever to achieve ‘Education For All.’ The Affordable Learning Fund was launched in July 2012, with $15 million of initial Pearson capital. PALF’s goal is to help improve access to quality education for low income families. See more here

BHAVTOSH VAJPAYEE , Managing Director, Global Research at Barclays
Before joining Barclays in 2011, Bhavtosh spent a decade as a technology analyst at CLSA, across India, Taiwan, Korea and Japan where he analyzed Indian software and Asian semiconductor and hardware businesses. During the last few years, Bhavtosh developed a parallel interest in the rise of private education initiatives in India. His March 2008 research report on Indian Education is considered the first effort to quantify the opportunity for private education in the country, and its $40bn annual market estimation remains a widely accepted industry benchmark today. Bhavtosh was the first stock market analyst to write on Educomp, an effort that drove the stock from INR40 to INR1,000 in under 30 months. Bhavtosh was also the first to point out strategic mis-alignments in the Educomp model in 2009, downgrading the stock at INR980, a call that likewise proved prescient. As a technology analyst, Bhavtosh was rated #1 in his field by Institutional Investor for the years 2007-2010, by AsiaMoney for 2004-2010, by Thomson Reuters for 2006-2010 and by Greenwich for the same period.  He is an MBA from the Indian Institute of Management (Ahmedabad) and holds a B.Tech from the Indian Institute of Technology (Kanpur). Bhavtosh lives in Mumbai (India) with his wife (also a graduate of IIM Ahmedabad, and currently with Zaya) and three children.