Temasek among cornerstone investors for LeapFrog's latest fund
The Straits Times|December 03, 2024
Temasek is among the cornerstone investors for the latest fund from LeapFrog Investments, a private equity firm that focuses on sustainability-related investments in emerging markets.

In addition to the Singapore state investor, other cornerstone investors for its fourth fund—which closed on Nov 26 with investments totaling US$1.02 billion (S$1.36 billion)—included AIA and Prudential, along with development financial institutions such as the European Investment Bank and the United States' International Development Finance Corporation.

LeapFrog also drew significant commitments from global asset managers such as Sumitomo Mitsui Trust Bank and Van Lanschot Kempen, healthcare strategic investor Eli Lilly and Company, and foundations and endowments such as the Ford Foundation and the Imas Foundation, a foundation set up by the founder of global furniture company Ikea.

The US$1.02 billion raised—out of an initial target of US$1 billion—included US$808 million of primary fund commitments and up to US$210 million of pre-allocated co-investment.

The purpose of this fund is to accelerate high-impact healthcare and financial services companies in global growth markets.

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FLERE HISTORIER FRA THE STRAITS TIMESSe alt
Monaco starlets have quality to trouble Arsenal
The Straits Times

Monaco starlets have quality to trouble Arsenal

PARIS - Monaco go into their Champions League encounter with Arsenal on Dec 11 having enjoyed a fine start to the season at home and in Europe, led by the latest exciting talent to come through the club's academy, Eliesse Ben Seghir and Maghnes Akliouche.

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2 mins  |
December 11, 2024
The Straits Times

Hearing for City's case ends, verdict in 2025

LONDON - Manchester City's long-awaited hearing into 115 breaches of English Premier League rules has concluded, according to reports on Dec 9, but a verdict is not expected until 2025.

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1 min  |
December 11, 2024
EUROPEAN EMPHASIS ESCALATES FOR CITY
The Straits Times

EUROPEAN EMPHASIS ESCALATES FOR CITY

With EPL title defence in tatters, they turn attention to Juventus in Champions League

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2 mins  |
December 11, 2024
The Straits Times

Climate concerns over 3-continent World Cup

PARIS - The 2030 World Cup will send dozens of football teams and hordes of fans criss-crossing the globe for matches on three continents, sparking alarm over the environmental cost.

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2 mins  |
December 11, 2024
Saudi scores in goal to 'humanise football' in series
The Straits Times

Saudi scores in goal to 'humanise football' in series

RIYADH - A new Netflix series on Saudi football features packed stadiums and top-flight talent, but whether it can curb criticism of Riyadh's bid to host World Cup 2034 is a question.

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2 mins  |
December 11, 2024
BOWEN DROPS THE HAMMER ON WOLVES BOSS
The Straits Times

BOWEN DROPS THE HAMMER ON WOLVES BOSS

O'Neil closer to exit after his second-bottom side fall 2-1 at West Ham in EPL's 'El Sackico'

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2 mins  |
December 11, 2024
The Straits Times

Win a cow, fish and chickens at half-marathon

A half-marathon in China's north-east province of Jilin has announced an unusual selection of prizes, with the first over the line winning a cow and other runners getting wild fish, geese or roosters, in a bid to attract more participants and promote local produce.

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1 min  |
December 11, 2024
Orlando's team spirit key against Milwaukee
The Straits Times

Orlando's team spirit key against Milwaukee

The quarter-finals of the NBA (National Basketball Association) Cup get under way on Dec 10 (Dec 11, Singapore time), with the Milwaukee Bucks hosting the Orlando Magic to kick things off.

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2 mins  |
December 11, 2024
COACH WANTS TIGHTER DEFENCE FOR KNICKS
The Straits Times

COACH WANTS TIGHTER DEFENCE FOR KNICKS

New York overcome Toronto but Thibodeau seeks improvement ahead of NBA Cup quarter-finals

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2 mins  |
December 11, 2024
World No. 1 Sabalenka is WTA Player of the Year
The Straits Times

World No. 1 Sabalenka is WTA Player of the Year

LONDON - Aryna Sabalenka has been voted the WTA Player of the Year for the first time after the Belarusian won two Grand Slam titles and secured the year-end world No. 1 ranking, the governing body of women's tennis said.

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2 mins  |
December 11, 2024