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leapfrog investments raises 1.15 billion to enhance healthcare and finance access
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.
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.
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