Launched in 2008, the group’s portfolio of companies now reaches 130 million people with financial services and healthcare, across 33 countries. MedGenome Labs Pvt. The fund manager is targeting a total fund size of $400 million. It draws from a USD $350m separately managed account established in 2016 with Prudential Financial to access high growth markets in Africa. The company, which operates through its wholly owned subsidiary APA, is active in Kenya, Uganda and Tanzania. Launched in 2008 by former United States President Bill Clinton, LeapFrog Investments is the world's first and largest microinsurance fund, investing in businesses that provide affordable insurance to low-income and vulnerable people in Africa and Asia. Never has their work been more needed nor their insights more relevant. This financial technology has the potential to revolutionise how we assess the creditworthiness of billions of people globally and drive down customer acquisition costs.”. LeapFrog Investments 5. LeapFrog worked closely with the Petra Trust team to grow the business to become the largest independent pensions provider in Ghana, achieving 76% GAGR over the period of LeapFrog’s investment. Advanced. The practical, psychological and social impacts of this are profound. Deal focus: LeapFrog adds to financial inclusion portfolio. “LeapFrog has sought to change the way we invest as individuals, institutions and societies.”, “LeapFrog’s team is widely recognised as having opened up a new frontier … for alternative investing”, “Andy and Leapfrog have been trailblazers in helping to create the industry known as impact investing.”, CEO, Emerging Markets Private Equity Association, Roshni Bandesha, Senior Manager, Impact Labs at LeapFrog Investments talks CX, Building Africa’s Healthcare Leader: Amaan Khalfan, CEO of Goodlife Pharmacy Ltd, Investing in Emerging Markets for the Next Decade, LeapFrog: 10 years, 100 million people reached, LeapFrog companies reach 212 million people, Our companies have grown 32.8% per year since investment, In Impact Investing First, LeapFrog Announces Audit on Impact Principles, Achieving Top Rating, Leapfrog breaks impact investing record, with $700m emerging markets fund, David Gonski AC Joins LeapFrog Investments, Focused on the Future of Business, Why David Gonski's next big move is a win-win business model, LeapFrog leads funding round in genomics firm MedGenome, LeapFrog Investments Makes Three Leadership Appointments, Following Record Fundraise, Andy Kuper talks impact investing in India. Launched in 2008, the group’s portfolio of companies now reaches 130 million people with financial services and healthcare, across 33 countries. 2007 Raised. LeapFrog invested in Apollo in 2011, forming a partnership that focused on creating a dedicated emerging consumer strategy and developing pioneering new health products. LeapFrog Investments Makes Three Leadership Appointments, Following Record Fundraise Fernanda Lima, Karima Ola and Frances Holliday will play key governance roles as LeapFrog pursues continued outsized returns and impact for investors and portfolio companies. MedGenome, India’s leading genetic diagnostics, research and data company, is focused on improving health of populations in South Asia and other emerging markets. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. We partner with their leaders to achieve leaps of growth, profitability and impact. Pricing. With the capital and expertise of our team behind the business, we are confident that it will scale to provide millions more people with access to essential financial services.”. Globally, approximately 40% of customers are rural. The company, which operates through its wholly owned subsidiary APA, is active in Kenya, Uganda and Tanzania. It is tapping a high-growth market, with Kenya’s pharmacy sector already worth $725m and set to rise to $1.3bn by 2020. Where other life assurers might decline or avoid insuring people with dread diseases, AllLife backs their clients to live – and then helps them to do so. The business offers a range of affordable life, personal accident and health insurance products for low-income consumers. It is in this spirit of practical hope that we share LeapFrog companies’ extraordinary results from 2019. Such conditions significantly limit mobility and dexterity, leading to difficulty working and early retirement from employment, reduced accumulated wealth and decreased ability to participate in social roles. It does not invest in green-fields or startups. Today, LeapFrog’s businesses reach 205 million people with essential healthcare and financial tools. LeapFrog has worked closely with the business, in underwriting, product design and operations. Big numbers come with the territory in accountancy. Products. All of this is underpinned by the rapid expansion of the Ghanaian economy, projected to reach 8.7 per cent in 2017. We partner with their leaders to achieve leaps of growth, profitability and impact. Today, over 90% of the population in low and middle income countries are without a documented credit history, meaning they’re unable to borrow or save for the products they need to improve their lives and economic prospects. Fernanda Lima, Karima Ola and Frances Holliday will play key governance roles as LeapFrog pursues continued outsized returns and impact for investors and portfolio companies. They invent commercial solutions that are swift and scalable. In Ghana and Bangladesh, BIMA has doubled insurance penetration. Crucially, pharmacy is often the first point of care for Kenyans – and Goodlife is dedicated to increasing access to healthcare through its stores, thereby improving the quality of life and wellness of East Africa’s growing consumer class. In just five years, BIMA has over 32 million subscribers in 14 countries, of which approximately 9 million people are reached with insurance products. They support 127,847 jobs. Try Pro free Solutions. “We are extremely pleased to enter into this strategic relationship with Enterprise Group,” said Norm Kelly of LeapFrog Investment. 164 million are low-income consumers often accessing insurance, savings, pensions, credit and healthcare for the first time. Page created - May 4, 2011. Financial services in Sub-Saharan Africa is growing at about 19% annually, with East Africa a particular area of growth. No financial terms were disclosed. LeapFrog Investments Emerging Markets Profit-with-Purpose Investors. Nigeria has been posting 6% real GDP growth every year for the past decade, 1.2% above that of Sub-Saharan Africa. Neither Ross nor any of the founders came from the insurance world. Goodlife was recently endorsed by The Pharmaceuticals Society of Kenya as best pharmacy practice in the country; a testament to Goodlife’s ongoing commitment to excellence in pharmacy practice. Stewart Langdon CA, partner and Co-Head of its Asia investments, speaks to Kitty Finstad about the benefits of working from a blank sheet . “We contact our clients every month,” says Ross Beerman, the irrepressible CEO of AllLife, “reminding them to stay healthy, do their blood tests and take their medication. New York-LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m. In the pages that follow, we share various dimensions of this achievement. Goodlife plans to expand to over 100 stores by 2021, reaching over 5.5 million consumers, and creating over 700 jobs, of which approximately 400 will be held by pharmaceutical professionals. More than this, AllLife actively helps clients manage their health. 2007 Raised. “Cignifi is doing something incredibly important,” said Stewart Langdon, Partner at LeapFrog Investments. Financial Service . 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