LeapFrog Investments has successfully closed its fourth fund, raising $1.15 billion to enhance healthcare and financial services in emerging markets.

Exceeding Expectations

The firm exceeded its initial target of $1 billion, with commitments totaling $1.02 billion and additional co-investments.

Over 50% of the capital came from Asia, including contributions from new investors in Japan, Singapore, and China.

LeapFrog's Unique Approach

LeapFrog's unique approach to impact investing, which includes deep local sourcing, industry insights, and authentic impact management, has positioned the firm as a leader in the sector.

Cornerstone Investors

The cornerstone investors in LeapFrog's latest fund include Temasek, AIA, Prudential Financial, the European Investment Bank, and the U.S. International Development Finance Corporation.

The firm has also attracted new global investors from countries such as Singapore, China, Japan, Austria, Norway, Oman, and Turkey.

Fund IV and Initial Investments

LeapFrog's Fund IV aims to reach 100 million individuals and has already made five initial investments, impacting 24 million people.

Key investments include Redcliffe Labs in India, Sun King in off-grid solar financing, bolttech in insurtech, Electronica Finance in supporting MSMEs in India, and Auxilo Finserve in higher-education lending in South Asia.

Profit with Purpose

LeapFrog's Founder and CEO, Andy Kuper, emphasized the firm's "Profit with Purpose" strategies, delivering financial returns while positively impacting lives.

Scaling Impactful Businesses

Dominic Barton, Chairman of LeapFrog, highlighted the critical role of Fund IV in scaling impactful businesses in financial services and healthcare.

Commitment to Positive Change

LeapFrog Investments is committed to creating sustainable, positive change for millions of individuals in need.