LeapFrog Investments has successfully closed its fourth fund, raising $1.15 billion to enhance healthcare and financial services for 100 million consumers in emerging markets, surpassing its $1 billion target. The fund attracted significant global investors, including Temasek and Prudential Financial, and has already impacted 24 million lives through key investments in companies like Redcliffe Labs and Sun King. This achievement highlights LeapFrog's commitment to driving growth and positive change in high-growth markets despite challenging fundraising conditions.
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