LeapFrog Investments, a leading impact investor, is raising a new $1 billion fund to invest in high-growth companies across emerging markets, with a particular focus on Africa. This new fund, Emerging Consumer Fund IV, will build upon LeapFrog’s successful track record of investing in companies that improve the lives of underserved populations.
The fund has already secured significant commitments from leading institutional investors, including the European Investment Bank and the International Finance Corporation. This strong investor support underscores the confidence in LeapFrog’s investment strategy and its ability to generate both financial returns and positive social impact.
LeapFrog will prioritize investments in sectors such as financial services, healthcare, and technology, focusing on companies that are driving financial inclusion, improving access to quality healthcare, and empowering underserved communities.
This new fund reflects LeapFrog’s commitment to supporting the growth of high-impact businesses in emerging markets and contributing to a more inclusive and sustainable future for all.