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.

Bu hikaye The Straits Times dergisinin December 03, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Straits Times dergisinin December 03, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE STRAITS TIMES DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Taylor Swift's Eras Tour concludes with record $2.78 billion in ticket sales
The Straits Times

Taylor Swift's Eras Tour concludes with record $2.78 billion in ticket sales

Long live all the magic (and money) American superstar Taylor Swift (right) made. The 34-year-old singer-songwriter's history-making The Eras Tour ended in Vancouver, Canada, on Dec 8.

time-read
2 dak  |
December 11, 2024
2025 Golden Globes: Emilia Perez and The Brutalist Lead Film Nominations
The Straits Times

2025 Golden Globes: Emilia Perez and The Brutalist Lead Film Nominations

Musical thriller Emilia Perez and post-World War II epic The Brutalist topped the roster of films nominated on Dec 9 for the 2025 Golden Globes, the Hollywood honours that kick off the awards season leading to the Oscars.

time-read
2 dak  |
December 11, 2024
Miho Nakayama's death an accident
The Straits Times

Miho Nakayama's death an accident

The death of Japanese singer-actress Miho Nakayama (right) has been ruled as an accident.

time-read
1 min  |
December 11, 2024
All-time-high numbers for 35th edition
The Straits Times

All-time-high numbers for 35th edition

Singapore International Film Festival

time-read
2 dak  |
December 11, 2024
Spy dramas like Black Doves and The Agency get personal
The Straits Times

Spy dramas like Black Doves and The Agency get personal

NEW YORK - Ukraine and Russia are at war. Political instability and civil war rage in Sudan. Iran is ramping up its nuclear capabilities. The world is basically a mess in The Agency, the new espionage series that inundates the viewer with rapidly intersecting storylines set on an increasingly complicated geopolitical playing field.

time-read
4 dak  |
December 11, 2024
Pharrell Williams tells his life story with Lego
The Straits Times

Pharrell Williams tells his life story with Lego

Animated comedy Piece By Piece recreates key moments in American Grammy winner's journey to become a successful musician

time-read
3 dak  |
December 11, 2024
The Straits Times

Books, lost or imaginary, come to life at Grolier Club

NEW YORK - At Grolier Club on the Upper East Side is an object never before displayed in public - an edition of one of American author Ernest Hemingway's first novels, which was stolen when his first wife left a bag unattended on a train in 1922.

time-read
3 dak  |
December 11, 2024
Working Out for Better Sleep
The Straits Times

Working Out for Better Sleep

Exercising too intensely can backfire, making it harder to drift off or stay asleep

time-read
4 dak  |
December 11, 2024
Why is this song stuck in my head?
The Straits Times

Why is this song stuck in my head?

Psychologists say certain songs are more likely than others to keep playing in your brain

time-read
3 dak  |
December 11, 2024
Murky caregiving obligations of older unmarried couples in the US
The Straits Times

Murky caregiving obligations of older unmarried couples in the US

Such partnerships among elderly Americans continue to climb, and many are unlikely to have advance care planning

time-read
4 dak  |
December 11, 2024