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IFC has made a US$50 million equity investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets, to improve fast-growing health and financial services firms’ access to growth capital and support job creation in Africa, South Asia, and Southeast Asia.
LeapFrog Investments, the Profit with Purpose firm, has raised a significant share of its Emerging Consumer Fund IV targeting $1 billion, and will close the fund on February 29, 2024.
The vehicle has made three investments so far—India's Redcliffe Labs, Kenya-based Sun King, and Singapore insurtech unicorn Bolttech.
Singapore's Former Foreign Affairs and Trade Minister George Yeo Spoke at A Last Parade of the Flying Tigers - Family Office Symposium Co-organised by Decode Group
On June 27, 2023, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) (collectively, the Agencies) jointly released a Notice of Proposed Rulemaking (NPRM) proposing...