leapfrog investments portfolio
The business offers a range of affordable life, personal accident and health insurance products for low-income consumers. Apollo is one of the region’s star performers when it comes to insurance. BOSTON and CHICAGO, Jan. 5, … People. The LeapFrog team brings to bear significant health industry knowledge, operational skills and international networks, and will enable Goodlife Pharmacy to accelerate its growth across East Africa, delivering best-in-class customer care to millions of consumers across East Africa. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. Andrew founded LeapFrog Investments in 2007. Apollo is one of the region’s star performers when it comes to insurance. 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. LeapFrog Breaks Impact Investing … Search Crunchbase. Ascent, which has built a sophisticated manufacturing, distribution and retail strategy, specialises in wound care, mobility aids and orthopaedic soft goods. 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. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m. Apollo sells various types of insurance policies, from life to motor to health to crop insurance. 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. Pricing. The $100 billion Indian healthcare market is expected to expand at 12-15% CAGR. And a significant side effect is the reduction in the stigma around HIV/AIDS. These innovations will be crucial not just for Apollo, but for regional development.”. Globally, approximately 40% of customers are rural. LeapFrog Investments is the world’s largest dedicated equity investor in emerging markets financial services, with over 1 billion dollars in commitments and assets under management. Ascent Meditech, a leading Indian medical products company and distributor of niche consumer healthcare products, is helping to provide relief for these chronic conditions. In just five years, BIMA has over 32 million subscribers in 14 countries, of which approximately 9 million people are reached with insurance products. Advanced. They invent commercial solutions that are swift and scalable. Our investment. The share of India’s population over the age of 60 is projected to increase from 8% today to 19% by 2050. 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. Ascent’s flagship brand of products, Flamingo, is sold in more than 40 countries across the globe. Clients are served through 59 locations across all 36 states of Nigeria, with dedicated mobile offices reaching consumers in the most remote areas, and innovative digital channels ensuring swift access to accounts and assistance. LeapFrog invests in extraordinary businesses in Africa and Asia. LeapFrog successfully exited Apollo to Swiss Re, in a deal announced in October 2014. Just seven years shy of its centenary, the company, founded in 1924, has been providing Ghanaians with access to life changing financial products for more than 90 years. People with HIV are now able to take out loan finance, build their lives and participate in the community. The firm makes investments in financial institutions, distributors for financial products, or enablers of financial services, such as administrators or technology platforms. LeapFrog sees the partnership with ARM Pensions, and the shared growth agenda, as capable of delivering large and measurable impact for Nigeria’s people.” Founded in 2005, ARM Pensions is one of the first seven Pension Fund Administrators (PFA) to be granted a license by the National Pension Commission. The firm's investments have an annual growth rate of more than 40% and its companies reach approximately 130 million consumers, primarily in Africa and Asia. LeapFrog’s team brings significant actuarial and operational skills to bear on the development of ARMLife’s retail presence, helping diversify and grow the business. LeapFrog companies reach 205m people with financial tools & healthcare Log In. The company’s products are currently sold to seven million customers, approximately 90% of whom are low-income emerging consumers, with a focus on providing high quality and competitively priced orthopaedics to India’s aging population. “Up until now, the world’s low-income consumers have had a very hard time borrowing money because they don’t have credit histories. About See All +65 6805 2170. www.leapfroginvest.com. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. AllLife has built a profitable business by offering affordable life cover to people living with HIV, people who once were automatically excluded on the basis on carrying the virus that leads to AIDS. We typically invest between $10m and $50m in capital, and we actively invest our knowledge and experience. 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. Finden Sie alle Pressemitteilungen, Produkte und Jobs von LeapFrog Investments auf pharma-zeitung.de. According to The World Bank, today only 5 per cent of Ghanaian adults have some form of insurance, presenting a viable opportunity for Enterprise to drive financial inclusion apace. LeapFrog Investments is a world leader in emerging markets, and aims to reach a billion people with its socially impactful businesses. LeapFrog’s first investment was in AllLife, a South African company that is quietly turning the life insurance customer model on its head. In India, orthopaedic disorders are the most prevalent chronic disease affecting over 200 million people. 4 talking about this. Last year, LeapFrog's 24 portfolio companies reached 205 million people with essential healthcare and financial tools - 80% of whom live in emerging markets. The company, which operates through its wholly owned subsidiary APA, is active in Kenya, Uganda and Tanzania. The pharmacies can be found in shopping malls and gas station locations throughout Kenya, placing health services at the heart of communities and making them accessible to all income groups. The fund makes significant minority investments in portfolio companies, with most investments in the $10 million to $25 million range, but with the potential to provide up to $50 million. The firm seeks to make impact investments in the … Currently, 66% of the vast Nigerian market is still underserved with vital financial services. A Decade of Growth Each year between 2009 and 2019, LeapFrog companies grew on average “They [LeapFrog and Prudential] bring an incredible network of global insurance contacts and experience, and also the capacity to provide growth capital towards the realisation of our very ambitious strategic objectives,” said Keli Gadzekpo, Group CEO of Enterprise. Partners include AT&T, AXIATA, Telefónica, Globe Telecom, Equifax, Santander, and HFC Bank. Pressemitteilungen von LeapFrog Investments ARM Life offers a wide range of investment and savings, risk and annuity products to Nigeria’s mushrooming employee base and mass-market. Resources. We see a huge opportunity for LeapFrog to partner with an outstanding management team to increase production and distribution of Ascent’s quality and trusted products, including the flagship Flamingo brand, in India, Asia, Africa, and the Middle East.”. Investment Firm. AllLife clients average a 15% improvement in their CD4 count (an immune system marker) within six months of being insured. LeapFrog. Try Pro free Solutions. Cignifi’s platform can be extended to deliver a range of financial services, including insurance and SME services, ultimately enabling the team to reach their goal of providing 1 billion customers with financial fingerprints. Palladin Consumer Retail Partners has made an investment in Leapfrog Brands, a designer and provider of beverageware. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $70 . Its sustainable business model was recognized in July 2015, when AllLife won the Prince of Wales Unilever Global Development Award for Business in the Community. Never has their work been more needed nor their insights more relevant. 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. This is something only 10-20% of IFC investments achieve. LeapFrog invested in Goodlife in 2016, marking it the largest direct investment in the East African pharmacy sector to-date. “Otherwise we would have known that what we have accomplished was impossible.”. Financial Service . “We are extremely pleased to enter into this strategic relationship with Enterprise Group,” said Norm Kelly of LeapFrog Investment. BIMA CEO Gustaf Agartson says, “We’re proud of our success so far, but really we believe we’re just at the start of this journey. “Mobile enabled financial services have the ability to scale at an unprecedented rate, reaching billions of consumers, and driving vast social impact throughout emerging markets,” said Jonathan Hakim, Founder and CEO of Cignifi. Community See All. Products. Suggest edits Founded. 560 people like this. Facebook is showing information to help you better understand the purpose of a Page. A jewel in the crown, Enterprise Life, Ghana’s oldest life insurance company and the country’s leading provider of life insurance, controls gross premiums of over $50m, and has reported a market-leading compound annual growth rate (CAGR) of 26 per cent in premiums between 2013 – 2015. Do NOT follow this link or you will be banned from the site. McKinsey and the IFC estimate that the unmet need for credit among emerging markets businesses is $2.1 trillion to $2.5 trillion, providing a blue-sky opportunity for growth. According to the World Health Organisation, orthopaedic conditions are the second largest contributor to disability worldwide. Nigeria is leading the African growth story; this exhilarating nation has been an outperformer even among fast-growing African markets. LeapFrog raises $700m for record-breaking third emerging markets fund. Also headquartered in Port Louis . More than this, AllLife actively helps clients manage their health. “Goodlife, with its consumer focused business model, rapid growth, and excellent management team, has proven to be a fine example of how businesses that serve a real social need can be scalable and provide good financial returns,” says Dr. Felix Olale, LeapFrog Partner and Global Co-Leader for Health Investments. 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.”. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. CDC committed $25 million to the Leapfrog Fund II in 2013. LeapFrog invested in Cignifi in 2017, alongside existing investor Omidyar Network. Financial services in Sub-Saharan Africa is growing at about 19% annually, with East Africa a particular area of growth. The company provides pensions and retirement savings accounts to three million Nigerians, of which one million are low-income or emerging consumers. Today, LeapFrog’s businesses reach 205 million people with essential healthcare and financial tools. This financial technology has the potential to revolutionise how we assess the creditworthiness of billions of people globally and drive down customer acquisition costs.”. They helped us launch a number of products for underserved clients, including last needs and hospital cash insurance. Mobile technology has the power to transform people’s lives.” LeapFrog sold a major stake in BIMA as part of a $96.6m investment by Allianz X, the digital investment unit of Allianz Group, the global insurer and asset manager in 2017. But measuring their impact can sometimes take a back seat. LeapFrog Investments Emerging Markets Profit-with-Purpose Investors. “Enterprise Group’s management team has built a robust platform for growth in West Africa. LeapFrog Investments backs NeoGrowth Credit to provide financial backing for digital payments among Indian retailers South Asia ; 31 January 2018 LeapFrog leads $47m round for India's NeoGrowth. “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. Says Ashok Shah, Apollo CEO, “LeapFrog provided more than capital; the team helped us to scale our substantial health insurance offerings. LAGOS, Nigeria, June 15, 2018 /PRNewswire/ -- Company is on target to rise to address the health needs of 5.5 million emerging consumers Goodlife Pharmacy, designated 'Portfolio Apollo - LeapFrog Investments F inancial services in Sub-Saharan Africa is growing at about 19% annually, with East Africa a particular area of growth. It sorts and presents data in a way that Cignifi’s clients – banks, consumer lending companies, insurers – can easily understand and score. Founded in 2007, Leapfrog Investments is a private equity firm based in Melrose Arch, South Africa. 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. The Asset and Resource Management Company (ARM) is the leading non-bank financial institution in Nigeria, and the largest independent asset manager. They deliberately take on tough challenges, to bring security and prosperity to millions of vulnerable people. 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. Further opportunity comes in the form of pensions. $1.5M Follow us. Suggest edits Founded. 611 people follow this. We typically invest between $10 and $50m in capital, and we actively invest our knowledge and experience. It draws from a USD $350m separately managed account established in 2016 with Prudential Financial to access high growth markets in Africa. Ghana’s recently liberalised pensions industry is one of the fastest growing in the world, and the country’s retirement industry is set to swell 400% by 2018. The company is majority owned by Asset and Resource Management (ARM) Group, Nigeria’s largest and most respected non-bank financial institution, and the country’s largest independent asset manager. Enterprise Group offers a comprehensive suite of financial services including insurance, life cover and pensions to the country’s emerging consumers. Because LeapFrog’s portfolio companies share its “profit with purpose” philosophy, Leapfrog believes their social impact and mission can be sustained post-exit, as long as the follow-on investor is philosophically aligned with the business model. These tools play an important role in enabling people to step out of poverty and lead self-determined lives. 2007 Raised. Specifically, LeapFrog seeks buyers that recognize the value proposition in serving low-income populations in emerging markets. The investment in a milestone two times over. Deal focus: LeapFrog adds to financial inclusion portfolio. LeapFrog has worked closely with the business, in underwriting, product design and operations. • LeapFrog seeks to fulfil the global unmet demand for critical financial and health products and services among billions of low-income emerging consumers by backing high-growth, innovative, scalable businesses in Africa and Asia. LeapFrog makes private equity investments in high-growth, purpose-driven financial services businesses in some of the world's fastest growing markets. Palladin Consumer Retail Partners Invests In Leapfrog Brands Investment Provides Capital and Support for Growth. 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. How much do you need to know about a person before making a loan? Since investing, LeapFrog has been instrumental in developing the company’s strategy in areas as diverse as product development, distribution, reinsurance and branding. Big numbers come with the territory in accountancy. All of this is underpinned by the rapid expansion of the Ghanaian economy, projected to reach 8.7 per cent in 2017. The firm seeks to make majority and minority investments through buyouts, management buyouts, and growth equity. Page created - May 4, 2011. LeapFrog invested in Apollo in 2011, forming a partnership that focused on creating a dedicated emerging consumer strategy and developing pioneering new health products. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. In just under four years, Goodlife has grown to provide trusted pharmaceuticals to 600,000 customers from 19 convenient locations – with a total reach of 1.2 million people. of the investment portfolio. At USD $180 million it is LeapFrog’s largest to-date, as well as marking the first investment of the LSAI, a fund in which Prudential Financial, Inc. (PFI) (NYSE: PRU) is the primary investor. By then, Apollo was reaching 969,000 people of whom almost 725,000 were under-served emerging consumers. In particular, elderly populations tend to have a higher prevalence of orthopaedic ailments. “Cignifi is doing something incredibly important,” said Stewart Langdon, Partner at LeapFrog Investments. The business provides insurance distribution and underwriting to millions of low income people via highly innovative partnerships with major mobile network operators and financial services businesses. 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. LeapFrog sold a major stake in BIMA as part of a $96.6m investment by Allianz X, the digital investment unit of Allianz Group, the global insurer and asset manager in 2017. 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. Pensions not only serve as a safety net for aging Nigerians but can also make a huge impact on the households in which these individuals live – for both children and other family members – supporting education, healthcare and other necessary services. Profit with Purpose: We invest in exceptional businesses in Africa & Asia. Leading global investors share this vision and have invested and committed over $1.5 billion to LeapFrog. $1.5M Follow us. We partner with their leaders to achieve leaps of growth, profitability and impact. Mobile technology has the power to transform people’s lives.” LeapFrog sold a major stake in BIMA as part of a $96.6m investment by Allianz X, the digital investment unit of Allianz Group, the global insurer and asset manager in 2017. To-date the company has credit scored more than 150 million emerging consumers in Asia, Africa and Latin America. The investment is a continuation of LeapFrog’s focus on pensions in the West African market, following its successful exit from Ghana’s Petra Trust to Capital Alliance Private Equity IV Limited, a fund managed by African Capital Alliance, a pan-African investment firm in February 2018. “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. In the past, the traditional insurance industry has struggled to reach this vast market. In the pages that follow, we share various dimensions of this achievement. All three leaders contributed significantly to the raise of LeapFrog’s record-breaking $743 million impact investing fund for emerging Asia and Africa last year. MedGenome, India’s leading genetic diagnostics, research and data company, is focused on improving health of populations in South Asia and other emerging markets. LeapFrog Investments is a private investment firm that invests in high-growth financial services and healthcare companies in emerging markets.
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