LeapFrog secures commitments from Temasek, EIB for climate strategy
EIB has proposed to invest $50m, while Temasek has committed $100m to the climate strategy.
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EIB has proposed to invest $50m, while Temasek has committed $100m to the climate strategy.
Temasek Holdings promises $500milion to impact investment firm LeapFrog PUBLISHED BY Temasek Holdings has agreed to invest $500 million in private equity firm LeapFrog Investments, the largest such commitment in an impact internment company. The $214 billion Singapore state-backed investment company will also gain a minority stake in the company. The partnership will be a multi-fund investment by Temasek to help LeapFrog further its Asia and Africa funds. Impact or socially responsible investing has gained a lot of attention in recent times with big investment institutions and financial ent...
Singapore's Temasek formed a $500 million strategic partnership and took a minority stake in impact investment firm LeapFrog.
Temasek, a global investment company owned by the Singapore government, has committed to investing $500 million in future funds of impact investor LeapFrog Investments. As part of the strategic partnership, Temasek will take a minority stake in LeapFrog and provide growth capital to support its expansion and investment capabilities across Asia and Africa. “We plan to accelerate our investments in India, investing even more capital over the medium term,” Andrew Kuper, founder and CEO of LeapFrog Investments, told Business Standard. “Our team is actively looking for strong purpose-dri...
Temasek allots US$500 million for impact investing in LeapFrog tie-up Toggle share menu Advertisement Temasek allots US$500 million for impact investing in LeapFrog tie-up FILE PHOTO: A woman passes a logo of state investor Temasek Holdings at their office in Singapore on Jul 8, 2014. (Reuters/Edgar Su) 09 Mar 2021 01:36PM (Updated: 09 Mar 2021 01:40PM) Share this content Bookmark SINGAPORE: Temasek Holdings is committing US$500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitm...