LeapFrog’s Emerging Consumer Fund, targeting $1bn, will hold final close in Feb 2024
LeapFrog Investments has raised a significant share of its Emerging Consumer Fund IV, which has a target of $1 billion, and will close the fund on 29 February 2024.
LeapFrog’s Fund IV has been backed by Temasek, life insurer AIA, Prudential Financial, Eli Lilly and Company, the International Finance Corporation, the European Investment Bank, Van Lanschot Kempen, and the Ford Foundation, to name a few
Fund IV is a growth equity fund that invests in rapidly scaling financial services and healthcare businesses in global growth markets. The fund has already completed three investments.
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