5/4/12 Education Update #1: “No Comment” - Wait, What?

Leeds Equity has a stated goal of breaking into the public education market, a market that was estimated by Rupert Murdoch to be $50B a year.

5/4/12 Education Update #1: “No Comment” - Wait, What?: "Jonathan Gyurko, a principal at Leeds Equity, the firm being paid $195,000 through SERC, also declined to comment when Dixon asked about the situation.  Gyurko had previously served as the Director of Charter Schools for the City of New York.  Achievement First, Inc. the charter school management company that Stefan Pryor helped create and lead as one of its Directors for eight years until he resigned to become Malloy’s education commissioner, runs ten schools in New York City and ten schools in Connecticut.

Adding to the confusion is the fact that emails between the various players indicates that the contract with Leeds Equity was originally written to run through an organization called the Council of Chief State School Officers.  It now appears that some other organization or individual may have transferred $195,000 to CCCSSO to pay for that contract, but a decision was made, at the last moment, to switch strategies and run the Leeds Equity contract through SERC instead."

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