Laureate Education's CEO rang the Nasdaq's opening bell this morning to celebrate the launch of the company's initial public offering. The world’s largest network of degree-granting higher education institutions has become the world's first public benefit corporation to list on a stock exchange, ten years after it was taken private.

Global higher education giant Laureate Education has announced plans to raise $383m through selling stock to a group of six investors including Apollo Global Management and Abraaj Group ahead of a planned initial public offering.