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
The Straits Times

Over 120 Singapore jazz musicians in one epic photo

Singapore's jazz heritage is captured in one photograph as over 120 musicians from the community gathered at the National Gallery Singapore in September for the momentous occasion.

time-read
1 min  |
December 07, 2024
Singaporean Charmaine Poh to have solo show in Berlin
The Straits Times

Singaporean Charmaine Poh to have solo show in Berlin

Deutsche Bank's Artist of the Year for 2025

time-read
1 min  |
December 07, 2024
SCARRED FOR LIFE
The Straits Times

SCARRED FOR LIFE

Local actor Ryan Lian (right), who was recently injured in a slashing attack, has shared photos of his scarred face on Instagram.

time-read
1 min  |
December 07, 2024
The Straits Times

Taylor Swift's Eras Tour book sold 814,000 copies in one week

NEW YORK - The biggest book release for the year is not a blockbuster novel or an explosive celebrity memoir. It is concert merchandise.

time-read
1 min  |
December 07, 2024
Taiwanese band Sodagreen to hold concert in Singapore in March
The Straits Times

Taiwanese band Sodagreen to hold concert in Singapore in March

Taiwanese band Sodagreen will hold the only South-east Asian stop of their 20th anniversary concert tour in Singapore on March 8. PHOTO: LIVE NATION SINGAPORE

time-read
1 min  |
December 07, 2024
The World Between Us returns with Vic Chou as a grieving dad
The Straits Times

The World Between Us returns with Vic Chou as a grieving dad

Season 2 of the hit Taiwanese drama has a new cast and story

time-read
4 dak  |
December 07, 2024
F&B closures Tippling Club to shut on Dec 31, Wine RVLT in 2025
The Straits Times

F&B closures Tippling Club to shut on Dec 31, Wine RVLT in 2025

Wave after wave of closures have battered the food and beverage scene this year - and the last quarter of 2024 has not spared long-time establishments.

time-read
3 dak  |
December 07, 2024
Refreshed i4 drives like a BMW should
The Straits Times

Refreshed i4 drives like a BMW should

The technology underpinning the electric vehicle is still robust, but not at the cutting edge

time-read
3 dak  |
December 07, 2024
Dongfeng thinks out of Box to tap girl power
The Straits Times

Dongfeng thinks out of Box to tap girl power

One look at the Dongfeng Box is all it takes to get me in touch with, dare I say, my feminine side.

time-read
3 dak  |
December 07, 2024
Chery's Omoda E5 lowers power, ups value
The Straits Times

Chery's Omoda E5 lowers power, ups value

While it is not as brisk, the COE Category A variant is identical to but cheaper than its beefier twin

time-read
3 dak  |
December 07, 2024