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leapfrog investments raises 1.15 billion to enhance health care in emerging markets
LeapFrog Investments has raised a record $1.15 billion to enhance health care and finance in emerging markets, surpassing its $1 billion target for its fourth fund. With over 50% of capital sourced from Asia, the fund aims to support 100 million consumers and producers, having already impacted 24 million through initial investments in companies like Redcliffe Laboratories and Sun King. The fundraising success highlights LeapFrog's ability to attract global institutional investors despite a challenging market environment.