Temasek, an investment company headquartered in Singapore, has entered into a $500 million strategic partnership with global impact investment group LeapFrog Investments.

The strategic partnership will take the form of a multi-fund investment by Temasek to anchor LeapFrog’s future funds. Temasek will also take a minority stake in LeapFrog and provide growth capital to support the expansion of the LeapFrog team and investment capabilities across Asia and Africa. LeapFrog and its inves...