LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its US$600mn target to reach US$700mn. Tag: Leapfrog Investments. HIGHLIGHT: Last year, LeapFrog company, miLife reached over 700,000 customers across Ghana with insurance products. Le fonds à impact LeapFrog Investments, basé à Maurice avec des bureaux à Singapour, en Afrique du Sud, en Australie et au Royaume-Uni, vient de boucler son troisième véhicule ciblant les marchés émergents d’Afrique et d’Asie à 628 M€ (700 M$). Forgot your password? LeapFrog raises $700m for record-breaking third emerging markets fund. Leapfrog Investments Group is a private equity company based in Ebene, Mauritius. Launched in 2008, the group’s portfolio of companies now reaches … HIGHLIGHT: In 2013, LeapFrog company, Northern Arc’s group loan product served 1.7 million women. Each year between 2009 and 2019, LeapFrog companies grew on average. JUMO has now dispersed $1.6 billion across their 6 markets with 60% of their customers being micro, small and medium enterprises. … HIGHLIGHT: In 2013, at time of investment, LeapFrog company, BIMA had 278,000 female customers. [8][9][10], LeapFrog was founded in January 2007 by Andrew Kuper and officially launched in 2008 by former US President Bill Clinton who endorsed the firm for opening new frontiers for alternative investments. Adedeji Damilare. “Exemplification of industry best practice… across the board for all nine of the Principles.”. Andy Kuper, CEO of LeapFrog Investments, an impact-only private equity fund manager, discusses investing in emerging markets and their new $700 million fund. The firm makes investments in financial institutions, distributors for financial products, or enablers of financial services, such as administrators or technology platforms. #ProfitwithPurpose: LeapFrog invests in exceptional businesses, reaching 212 million people in emerging #Africa & #Asia | LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. ... AltAssets has been serving the global private equity industry for over a decade and has become established as a trusted source of independent news and views on the industry by thousands of … Emeka Anthony Ogbechie ... Investments and Private Equity at Morningside Capital Nigeria Nigeria. Leapfrog Investments re-ups in insurtech BIMA as it eyes emerging markets expansion. LeapFrog Investments | 13,912 followers on LinkedIn. Milbank adds new London partner WestBridge promotes three Palatine adds to impact fund team LeapFrog Investments … SYDNEY--(BUSINESS WIRE)--May 10, 2019--LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its A$860m target (US$600m) target to reach around A$1 billion (US $700m). [19] In 2017, LeapFrog was ranked fifth on Fortune magazine's 2017 Change the World list. The firm's investments have an annual growth rate of more than 40% and its companies reach approximately 130 million consumers,[4] primarily in Africa and Asia. Dr Andy Kuper, founder and CEO of LeapFrog Investments, said: “The exceptional track records and experience of these leaders have enabled LeapFrog to stay at the forefront of emerging markets private equity as well as impact investing. The transaction draws from a $350m separately managed account, LeapFrog Strategic African Investments (LSAI), which was established in 2016 to access high growth … LeapFrog Investments is known primarily as an impact investor, applying a "profit with purpose" model to its investments in the emerging financial services and healthcare sectors. HIGHLIGHT: Since its inception, WorldRemit customers have sent $14 billion in remittances. At this time of pandemic uncertainty, we all need practical hope and inspiration. Adedeji Damilare Private Investor at Financial Management Nigeria. In the pages that follow, we share various dimensions of this achievement. In 2019, this figure has increased sevenfold to 1.9 million female customers; 75% accessing insurance for the first time. Andrew is Director and has served as Director since 07/01/2013. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its … Emerging markets specialist Leapfrog names senior trio to management committee in... Mike Didymus-July 23, 2020. Moves & Appointments. In the past year, Ascent grew their emerging consumer base by 25.6%, launched 15 new products, and entered 5 new global markets, enabling millions of consumers to better manage their own health. The impact investor’s third fund is 75% larger than its predecessor and has already made five investments. LeapFrog hauls in $700m for third fund. We partner with their leaders to achieve leaps of growth, profitability and impact. Absorbing these results and lessons, it becomes utterly clear: now is the time for Profit with Purpose. The new fund will invest in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. For instance, ARM Life in Nigeria grew revenue 58% over the year in 2019, prior to LeapFrog’s successful exit at the beginning of 2020. He will be based in London. ... a couple of academics and some other failed private sector investment professionals. At the end of 2019, LeapFrog companies reached 205.5 million people with essential services, including healthcare and financial tools. About LeapFrog Investments. Emerging Market Private Equity, Impact Investing at LeapFrog Investments Singapore. Leapfrog Investments General Information Description. Management owns just 1 percent of the fund. LeapFrog, which has had over $1 billion of capital invested, brings a proven 10-year track record as a trusted General Partner to investors in private markets. In September, we became the first ever impact investor globally to announce an independent audit against the IFC-led industry standards, the Operating Principles for Impact Management. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. LeapFrog invests capital, people and knowledge in purpose-driven businesses, helping them to grow, to be profitable and to have real social impact. Name of Organization or Microfinance Investment Vehicle: LeapFrog Investments Overview: LeapFrog Investments is a for-profit, private equity fund focused on microinsurance and financial inclusion Description: LeapFrog Investments was founded in 2007 by Dr. Andrew Kuper. This fund alone targets reaching 70 million emerging consumers. Andy Kuper is Chairman/CEO/Co-Founder at Leapfrog Investments Ltd. See Andy Kuper's compensation, career history, education, & memberships. At LeapFrog, we are inspired by purpose-driven businesses. Mike Didymus-November 4, 2019. LeapFrog also partners with traditional private equity firms. Thorne’s expertise will add new perspectives and bandwidth for Aksia’s clients globally. Through our portfolio companies we’ve continued to create jobs and shape livelihoods. 22 LeapFrog reviews. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. Après avoir acquis en 2016 une participation majoritaire dans le capital de Goodlife Pharmacy contre un investissement en fonds propres de 22 millions $, Leapfrog Investments se renforce dans le tour de table de l’entreprise kényane. Flat org structure with fair and clear goals to all. In 2019, it had grown to serve over 5 million female customers. “LeapFrog’s mission is quite well-aligned with OPIC’s mission and the mission of many other DFIs [development finance institutions], so it is not surprising that OPIC wants to grow … Further Reading. Jean Claude Michel is Director and has served as Director since 07/01/2013. LeapFrog Investments, the private equity firm with a focus on Africa and Asia, said it bought a minority stake in financial technology company AFB Mauritius Ltd. for $25 million in the fourth deal for its Fund II. February 19, 2015 By Staff Writer 2. LeapFrog Investments is a private equity general partner firm headquartered in Double Bay, New South Wales, Australia and has other offices in Mauritius, South Africa, United Kingdom and United States. [17] In September 2013, LeapFrog Investments launched its second fund, raising $204 million USD initially, and in 2014 it announced the fund was oversubscribed at $400 million USD. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. Never has their work been more needed nor their insights more relevant. Leapfrog Investments. Leapfrog Investments General Information Description. Founded in 2007, Leapfrog Investments is a private equity firm based in Melrose Arch, South Africa. We have doubled the percentage of female customers in our companies from our first to our latest fund. No financial terms were disclosed. This fund alone targets reaching 70 million emerging consumers. [20], "Prudential Financial to Invest $350 Million in African Insurers", "Shriram, LeapFrog Jump Into Microinsurance", "An emerging markets story- Reaching the next 1bn by 2030", "Leapfrog Investments raises second fund", "Leapfrog sells minority stake in local insurer to Swiss Re", "This Investment Firm Is Insuring Families' Rise Out of Poverty", "LeapFrog Investments Snags $500 million from Prudential for Fintech in Africa", "Soros presence seen boosting more foreign investment", "Why Bill Clinton helped a 33-year-old build a $1bn firm", "LeapFrog Attracts $400 million with Chance to do Good", "The good capitalist - lunch with LeapFrog's Andy Kuper", "Emerging markets can satisfy demand for ethical investing, says strategist", "LeapFrog Buys $25 Million Stake in AFB Mauritius in Fourth Deal", "Could impact investing help India's poor? [16] It raised its first fund of $135 million in 2009 to invest in insurance and related financial services companies. At our launch, we set out to reach 25 million people by the end of the decade. They deliberately take on tough challenges, to bring security and prosperity to millions of vulnerable people. LeapFrog’s global team is an extraordinary group of professionals, attracted to LeapFrog by the magnet of profit with purpose investing. LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, has bought a majority stake in Kenyan insurer Resolution in … We now manage $1.5 billion, with 24 Portfolio companies, operating across 35 countries. LeapFrog, which has had over $1 billion of capital invested, brings a proven 10-year track record as a trusted General Partner to investors in private markets. LeapFrog. Jean Claude Michel Permal is an employee with Leapfrog Investments Group, Ltd., a private equity company. Tags. LeapFrog is the winner of Private Equity International (PEI) Firm of the Year Africa, and is ranked fifth on Fortune’s 2017 Change the World List. HIGHLIGHT: LeapFrog has seen several companies grow revenue at over 50%, particularly those in the insurance sector. The firm seeks to make majority and minority investments through buyouts, management buyouts, and growth equity. The firm seeks to make majority and minority investments through buyouts, management buyouts, and growth equity. [13] The firm has invested in companies such as BIMA, a financial technology business that provides services including mobile insurance to 20 million low income customers in Asia, Africa and Latin America,[14][15] India's Mahindra Insurance Brokers, a leading Indian insurance broker and part of Mahindra Group, and Kenyan retail pharmacy chain Goodlife. [18] In January 2016, Prudential Financial invested $350 million USD with the firm. LeapFrog Investments is a private equity firm that has been in the impact investment space for the past 10 years. It teamed up with Accel Partners and TCV to invest in WorldRemit, a London-headquartered company which lowers the cost of remittances for low-income migrants from 10-20 percent to between 2 and 4 percent. We partner with their leaders to achieve leaps of growth, profitability and impact. Andy Kuper, CEO of LeapFrog Investments, an impact-only private equity fund manager, discusses investing in emerging markets and their new $700 million fund. Log into your account. This reach marks an increase of 49% compared to 2018. This is a synergy, … Where can we find the resources for resilience and recovery – within ourselves, our economies and our societies? LeapFrog Investments has closed a dedicated impact fund manager, at $700m from insurers, pensions and asset managers, development finance institutions, foundations and family offices Emerging markets profit-with-purpose investor LeapFrog Investments has closed its third fund at $700 million. By Mike Didymus-September 8, 2020. At the time of LeapFrog’s entry, Mahindra Insurance was heavily focused on its traditional motor business. “It is certainly a significant vote of confidence in LeapFrog and the maturation of private equity impact investing,” says a US fund formation lawyer. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $70 LeapFrog … Today, LeapFrog’s businesses reach 205 million people with essential healthcare and financial tools. BOSTON and … Leapfrog founder launches new firm targeting stakes in impact investment houses. LeapFrog has attracted over $1 billion from global investors since inception, including funds from investors such as Prudential Financial, Swiss Re, JP Morgan, TIAA-CREF and eBay founder Pierre Omidyar's Omidyar Network. ", "US Govt's OPIC commits $200 million in LeapFrog Investments", "Private Equity International Awards 2016", "Fortune Change the World 5 LeapFrog Investments", https://en.wikipedia.org/w/index.php?title=LeapFrog_Investments&oldid=930664436, Alternative investment management companies, Financial services companies established in 2007, Creative Commons Attribution-ShareAlike License, Investments, Technical and Management Support, This page was last edited on 14 December 2019, at 01:45. The fundraise takes LeapFrog to $1.6 billion of total commitments, according to a statement from the firm. LeapFrog Investments, a profit-with-purpose investor in emerging markets, has invested $180m in Ghanaian financial services provider, Enterprise Group. Palladin Consumer Retail Partners has made an investment in Leapfrog Brands, a designer and provider of beverageware. WorldRemit now covers 150 countries where its predominantly low income user base increasingly uses mobile money accounts to access funds. [11][12], According to The Economist, LeapFrog is a well-established impact investing firm. (Agence Ecofin) - La firme de private equity LeapFrog Investments prévoit de lever 800 millions de dollars pour son troisième fonds dédié aux services financiers en Afrique, a rapporté l’agence Bloomberg le 13 décembre, citant un dirigeant de l’entreprise. LeapFrog is committed to profit with purpose, delivering private equity style returns and measurable social impact. [11], LeapFrog owns significant stakes in companies in Ghana, Kenya, Nigeria, South Africa, Thailand, Indonesia and India. We use the phrase “profit with purpose”, but as the term “impact investing” has entered the mainstream, we have started using that terminology as well. HIGHLIGHT: LeapFrog invests in businesses that respond to the needs of low income women. The firm generally invests in small to mediumsized companies seeking to scale. Tag: Leapfrog Investments. Adedeji Damilare. LeapFrog Investments has raised $700m for the close of its third emerging markets fund, representing the largest ever private equity fund raised by dedicated impact fund manager. Buyout . Leapfrog Investments. Cohesive teams always working towards excellence (both for profit and purpose). LeapFrog Investments (LeapFrog) invests in companies that provide health and financial services to emerging consumers in Africa and Asia. Two thirds of these customers are emerging consumers. The current minimum investment for Leapfrog Financial Inclusion Fund is $500000. [8] The firm was named Africa Firm of the Year in 2016 by Private Equity International. LeapFrog started the year by closing on the largest-ever private equity fund raised by a dedicated impact investment firm. LeapFrog is the world's largest insurance and savings focused emerging markets investor, with close to half-a-billion dollars AUM. With $1 billion in assets under management, it brings capital and value-adding specialist expertise to its partner companies. Adedeji Damilare Private Investor at Financial Management Nigeria. The impact investor’s third fund is 75% larger than its predecessor and has already made five investments. LeapFrog’s New Impact PE Fund Raises $700 Million. Funds Closed. ... Tech-focused private equity giant Silver Lake is reportedly in talks for a $1bn investment in the retail arm of India's Reliance Industries. LeapFrog hauls in $700m for third fund The impact investor’s third fund is 75% larger than its predecessor and has already made five investments. Emerging Market Private Equity, Impact Investing at LeapFrog Investments Singapore. And how we enable striving emerging consumers to propel themselves into prosperity and security. Jean Claude Michel Permal has an ownership stake in Leapfrog Investments Group, Ltd. of less than 5%. LeapFrog invests in extraordinary businessesin Africa and Asia. But it has also developed a reputation for giving its investors a taste of the emerging consumer story without having to expose themselves … HIGHLIGHT: Last year, JUMO, a LeapFrog company celebrated connecting 15 million people with credit and savings across Asia and Africa since its launch in 2015. LeapFrog Investments took these words to heart in 2009 when it acquired a stake in Mumbai-headquartered Mahindra Insurance Brokers, a subsidiary of Indian finance giant Mahindra Group. Founded in 2007, Leapfrog Investments is a private equity firm based in Melrose Arch, South Africa. Deji Olatunbosun. [8], LeapFrog has offices in Mauritius, Singapore, South Africa, Australia and the United Kingdom. ... Coolest investment theme (emerging markets and impact private equity). Together, let’s seize the historic opportunity to serve billions of emerging consumers and producers worldwide. Emerging markets specialist Leapfrog names senior trio to management committee in... Mike Didymus-July 23, 2020. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m. Andrew Kuper is an employee with Leapfrog Investments Group, Ltd., a private equity company. LeapFrog Investments is a private equity firm founded in 2007 that invests in financial services and healthcare companies targeting underserved and low-income populations, primarily in Africa and Asia. The firm was initially targeting $600m for LeapFrog Emerging Consumer Fund III, but has since surpassed this amount as well as the $400m … [5] Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, committed to invest up to $200 million USD in December 2015, the largest investment commitment historically by OPIC to any impact fund manager. Nowjee joins from pan-African group Atlas Mara, where he was head of strategic investments … They invent commercial solutions that are swift and scalable. It is a for-profit, private equity fund aimed … Toggle navigation. … This … Read Post. This fund alone targets reaching 70 million […] Africa. South Africa losing buyout allure to fast-growing Sub-Saharan African rivals. Our health portfolio companies delivered: HIGHLIGHT: Ascent Meditech, a LeapFrog company, offers a range of over 300 high-quality orthopaedic goods, wound care, mobility, and pain relief products to help the 1 in 3 people who live with painful musculoskeletal conditions. Recover your password And, we welcomed 3 new members to our Global Leadership Council. LeapFrog Investments, a dedicated equity investor in emerging markets, supporting fast-growth firms that deliver social impact alongside commercial returns, has led a Series C investment round in digital money transfer service WorldRemit. The firm was initially targeting $600m for LeapFrog Emerging Consumer Fund III, but has since surpassed this amount as well as the $400m raised for the vehicle’s predecessor in 2014. Welcome! From former CEOs and industry-leading specialists to the next generation of global leaders, we all put our skills to work in entrepreneurial settings across multiple markets. 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