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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 entities such as TPG, KKR and Blackstone showing interest. “There is an urgent and pressing need to address the critical social and environmental challenges that the world is facing,” said Benoit Valentin, head of impact investing at Temasek. ....