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Crescera Educacional II Fundo de Investimento em Participações Multiestratégia was a Brazilian closed-end private equity investment fund (FIP), not an operating biotech, pharma, or healthcare company. The fund was created to invest in the education sector and became closely associated with its investment in Afya, a medical education company. In 2021, following the sale of its remaining Afya stake to an affiliate of Bertelsmann, the fund was liquidated. As a result, it should be treated as an investment vehicle rather than a life sciences operating company with an R&D pipeline, products, or therapeutic programs.
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