Brookfield Said to Mull Investing $1 Billion in Spring Education

Brookfield Asset Management is in talks to make a roughly $1 billion investment in private school operator Spring Education Group, according to people with knowledge of the matter.

The firm is discussing a structured debt investment in Spring Education, which operates a network of private schools that span early childhood through high school, as well as an online division, said the people, who requested anonymity to discuss confidential information.

The US-based company, led by Chief Executive Officer Michael Collins, operates across 19 states in the US and also has a presence in Asia.

Deliberations are ongoing and could still ...