Phoenix Education Partners (Ticker: PXED US), the parent company of the University of Phoenix, is a U.S. education company backed by Apollo Global and Vistria Group. The company is set to list on the New York Stock Exchange on October 9, 2025. Phoenix Education will offer 4.25 million shares at a price range of $31.00 to $33.00, aiming to raise about $136 million at the $32.00 midpoint, for a market capitalization of roughly $1.14 billion. The University of Phoenix, founded in 1976, enrolls over 80,000 students across 72 degree programs and 33 certificate offerings. Joint bookrunners include Morgan Stanley, Goldman Sachs, BMO Capital Markets, and Jefferies.