According to IFC website, LeapFrog Emerging Consumer Fund III, LLC is a ten-year closed-end private equity fund with priority sectors that focus on the emerging consumer. The Fund is seeking to raise third party commitments to make mid-market growth capital investments into financial services and healthcare investments that target Africa, South Asia and Southeast Asia. The Fund will make equity and quasi-equity investments averaging US$25 to 30 million, with one-third of the Fund focused on the healthcare segment and two-thirds on financial services investments. The Fund will be managed by LeapFrog Investments Group, a growth capital and profit-with-purpose investor with an emerging consumer strategy and demonstrable proprietary pipeline and local networks.
The Fund Manager is LeapFrog Investments Group, a global growth capital and social-purpose investor with an emerging consumer strategy with portfolio companies in Sub-Saharan Africa, South Asia and Southeast Asia. The LeapFrog portfolio investments have reached over 91 million people, of which over 74 million are low-income. LeapFrog has made 18 investments with operations in 21 countries, and the Fund will be leaning on lessons learned from predecessor funds. The leadership team is comprised of former managing directors of impact and financial services companies, and emerging market experts, with a senior investment team that has 250 combined years of financial services and healthcare experience. The team is based in South Africa, Singapore and the UK. Dr. Andrew Kuper (founder and CEO) was one of the pioneers of the ‘profit with purpose’ business model, and has proven entrepreneurship and investment experience.
LeapFrog Emerging Consumer Fund III, LLC is a ten-year closed-end private equity fund with priority sectors that focus on the emerging consumer.
Project Contact: Nick Moon
Partner, LeapFrog Investments Group
Telephone No.: +44 131 297 7415
Email Address: email@example.com
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