LeapFrog breaks impact investing record, with US$700mn emerging markets fund. LeapFrog first set about stabilising Express, thus protecting the insurance and savings of the 60,000 people reached via 12,000 policyholders at that time, and helping the business meet new minimum regulatory capital requirements.Within two years the company had reached over 890,000 people via 425,000 policyholders. LeapFrog’s Profit with Purpose investment approach pursues synergies between financial returns and social impact, where each enhances the other. The assets of the firm are managed by its executive management team. “We are living in a phenomenal age. Well, it’s both – and that’s what will define the future of impact investing. LeapFrog recognizes that best practice evolves with time and updates the code regularly for ensuring relevance. Please click here to view LeapFrog’s Annual Disclosure to the Operating Principles for Impact Management and click here to view Tideline’s verification summary and statement. Operating Principles for Impact Management, Please click here to view LeapFrog’s Annual Disclosure to the Operating Principles for Impact Management, click here to view Tideline’s verification summary and statement. It is focused on esg, sustainable investing, social impact of investments … Its goal is to bring more clarity to the process of identifying mainstream impact investing companies and thematic investments so that asset The nine principles were created to set a basic market standard for impact investing. Its first fund, which closed in 2010, raised $135 million and was oversubscribed by 35%. Investments systematically target companies where social and/or environmental impact is integral to the product/service being created: Social and/or Environmental Impact is Reported to Investors and Donors: Participant on steering committees or leadership roles within impact industry associations, Publisher or contributor to industry white paper or other research in impact investing, Microfinance/Insurance & Financial Services, Dr. Andrew Kuper – Founder and CEO, Dr. Jim Roth – Co-Founder and Partner, Participant in Global Reporting Initiative, Signatory of the United Principles for Responsible Investing, Participant in the Impact Measurement Project. Use the dropdown menu found in the top right to arrange your current set of results. LeapFrog Investments has raised $700m for the close of its third emerging markets fund, representing the largest ever private equity fund raised by dedicated impact fund manager. The firm also provides asset management and private equity investment services. The firm was initially targeting $600m for LeapFrog Emerging Consumer Fund III, but has since surpassed this amount as well as the $400m raised for the vehicle’s predecessor in 2014. LeapFrog's distinctive Profit with Purpose investment strategy has attracted many of the world's leading institutional investors including MetLife, JP Morgan, Prudential Financial, Swiss Re and TIAA-CREF, amongst others. With this in mind, the PRI launched the Impact Investing Market Map (the Market Map). The FIIRM system is complemented by an in-house Consumer Insights team, gleaning feedback from customers in-store, by telephone and online, as well as extensive emerging consumer research data sets. The central premise of LeapFrog’s profit with purpose approach is that there should be no trade-off between financial return and social impact. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its US$600mn target to reach US$700mn. The company has achieved average annual revenue growth of 76 percent across the period of investment. The aim is to reach a time when the term 'impact investing' is no longer needed. He authored or co-authored numerous books, reports and publications, including the first manual on Making Microinsurance Work for MFIs and the original 100 Country Landscape Report on Microinsurance. 2019-05-10T10:51:00Z Resources created and curated to support the growth of impact investing, for those new to the field and for experienced practitioners. Do NOT follow this link or you will be banned from the site. Worked primarily as a joint senior on the audits of a hedge fund with over $15B AUM and a fund of fund with over $1B AUM. This marked the entry of one of the world's five largest insurers into Africa. Leapfrog Investments Group is a private equity company based in Ebene, Mauritius. The audit applies across every LeapFrog fund, rather than to one or another fund in a larger suite of funds not dedicated to impact investing. Select your preferred sorting option and wait for the results to refresh. Through two private equity funds, LeapFrog invests in high-growth companies across Asia and Africa offering empowering tools such as insurance, savings and investment productsto emerging consumers. 6 Directing some of these assets into impact investments provides an opportunity to take sizable steps towards the achievement of global goals such as the SDGs. All LeapFrog Investments articles in IPE. This RI Transparency Report is one of the key ... % of assets under management (AUM… Financial terms weren’t announced. Photo courtesy of Aqua-Spark, a Giving Fund Custom Investment. As at August 2014, LeapFrog's partner companies were serving 22.7 million people across 16 countries. The fund’s investment strategy is to make mid-to-large cap growth equity investments for significant minority and control positions in market-leading, diversified platform companies in Africa. They will serve as a guide to deployment of capital by institutional investors – including pension and sovereign funds, insurers and banks, endowments and family offices. Management owns … Megeve Investments is a single-family office located in Santiago, Chile. The audit applies across every LeapFrog fund, rather than to one or another fund in a larger suite of funds not dedicated to impact investing. The LeapFrog and Petra team rapidly grew the business into the leading independent pensions trustee in Ghana with over 1.4bn GHS (USD 310m) in assets under management (AUM). - Compensation in bottom quartile for PE firms of comparable AUM and focus - Promises the moon and more in recruiting, then fails to deliver. LeapFrog exited Express Life to Prudential PLC in a deal which closed March 2014. Use the filter categories on the left to narrow down your results. Throughout its history, the firm has made essential contributions to the metrics and industry bodies that now define the industry. LeapFrog’s decade of experience in impact measurement led to the co-creation of and support for the Operating Principles for Impact Management issued by the IFC and World Bank Group. Leapfrog Investments. News ESG roundup: PE manager claims record with $700m impact fund. Dr. Jim Roth is LeapFrog’s Co-Founder, globally recognised as a pioneer of insurance and related financial services to emerging consumers. To stay informed on the application process, sign up here. However, you also prefer a solid financial result. 10 May 2019. Petra has more than 1.4 billion Ghanaian cedi ($311 million) in assets under management. In fact, we are demonstrating that orientation towards a social purpose can drive greater long-term financial returns. It estimates that as much as $269 trillion—the financial assets held by institutions and households across the world—is potentially available for investment. This was a landmark investment, at the time the largest private foreign investment in the history of Ghana's insurance industry. The market for impact investmentÑcurrently estimated In addition, the number of jobs increased from 68 to 320 during the investment period as a result of Express being a fast-growing and profitable business and the focus on developing the business. For the past two decades, our partners have been teaming with exceptional management teams to build best-of-breed businesses in high growth industries. So is the Leapfrog deal an impact investment or a savvy fintech deal? So is the Leapfrog deal an impact investment or a savvy fintech deal? Investment Officer at LeapFrog Investments Johannesburg Area, South Africa 500+ connections. Andrew Kuper is an entrepreneur and investor in emerging markets, hailed by President Clinton for “opening up new frontiers for alternative investment”. Please click here to view LeapFrog’s Annual Disclosure to the Operating Principles for Impact Management and click here to view Tideline’s verification summary and statement. MedGenome Labs Pvt. Following his PhD at Cambridge, he held senior leadership or advisory roles with The Microinsurance Centre, ILO, Allianz, AIG, KfW and ADB. Founded in 2008, Arborview Capital is an impact-focused investment firm that makes growth equity and venture capital investments in high growth, mission-oriented companies. It is focused on esg, sustainable investing, social impact of investments … The firm's investments have an annual growth rate of more than 40% and its companies reach approximately 130 million consumers, primarily in … LeapFrog is the world's largest insurance and savings focused emerging markets investor, with close to half-a-billion dollars AUM. BTIM named Richard Brandweiner, a partner with impact investment private equity firm LeapFrog Investments, as its next CEO, effective Feb. 26. An independent impact verification was completed by Tideline, a leading impact investing consultancy, in September 2019. The Operating Principles for Impact Management arose from the need to have common disciplines for management of investments for impact, helping to ensure authenticity and high standards of measurement by creating guidelines against which impact management systems of funds and institutions are assessed. https://www.impactassets.org/impactassets-50. The aim is to reach a time when the term ‘impact investing’ is no longer needed. LeapFrog enabled the company to translate its product offering into a simple set of two products in high demand. LeapFrog acquired a majority stake in Ghanaian life insurer Express Life in 2012 with the view of transforming it into a leading mass-market player. ACTIAM : as an institutional or private investor, you are not just focusing on financial returns. He has driven landmark investments for the firm and has served on LeapFrog’s Investment Committees since inception. Scottish National Investment Bank Freedom of Information Publication Scheme January 2021 2 Please note that, as a newly-created organisation, the Bank has included modest information compared to LeapFrog supports its portfolio companies in adoption of the code for effective on-going management of risks and opportunities. This works for both the summary view and the full Fund Manager detail view. The numbers next to each filter represent the number of results available given your current selection. To drive profit-with-purpose performance, the LeapFrog team have developed a distinctive proprietary measurement framework, FIIRM, which encompasses financial, impact, innovation and risk management factors. Impact Investing Summit 2019 is one of the leading global impact investment events, based in London UK Europe. LeapFrog Investments said Feb. 27 that it has sold its stake in Petra Trust to African Capital Alliance. Investment management services provided by Bridges Investment Management, Inc. Bridges Investment Management, Inc. is an investment adviser registered with the SEC. LeapFrog Investments, a private equity platform focused on promoting financial inclusion in emerging markets. Andrew founded LeapFrog in 2007, now the largest dedicated investor worldwide in insurance and related financial services for emerging consumers. LeapFrog has been a pioneer in measurement and management of impact since its founding in January 2007, 8 months prior to the adoption of the term “impact investing”. The money raised was from a range of investors including insurers, pension funds, development finance institutions, family offices, foundations and asset managers. Andrew has chaired LeapFrog’s Investment Committees since inception, with the portfolio now spanning 13 countries and investee companies recording over 40% growth on average last year. The report, by the IFC, is the most comprehensive assessment so far of the potential global market for impact investing. CI Financial makes strategic investment in Congress Wealth Management Tideline concluded: “LeapFrog’s IM system demonstrates an advanced level of alignment across all of the Impact Principles.”. Dedicated impact specialist Leapfrog Investments has raised $700m (£538m) in a private equity fund to invest in healthcare and financial companies in emerging markets. The application period to become an ImpactAssets 50 2021 Fund Manager is open! experienced private debt and equity impact investment fund managers. Apply now. ImpactAssets 50: A Global Landscape of Impact Investment Fund Managers. Before founding OAKHeirs, Adenike was Associate Director at LeapFrog Investments, an impact focused, emerging markets private equity fund with over $1 billion in AUM where she drove investments for LeapFrog's US$350 million investment partnership with Prudential Financial USA. This enables LeapFrog’s investment teams and portfolio company CEOs and CIOs to measure and drive performance towards both profitability and impact objectives. According to The Economist Ideas Economy Innovation Summit, “By pioneering a new asset class … amid the global financial crisis, Mr Kuper has sought to change the way we invest as individuals, institutions and societies”. 1 About this report The PRI Reporting Framework is a key step in the journey towards building a common language and industry standard for reporting responsible investment (RI) activities. At ACTIAM, financial and social return go hand in hand. In September, LeapFrog Investments became the first impact investor globally to conduct an independent audit of impact against the Operating Principles for Impact Management. You want to have impact: on our planet, on the climate, on human rights. All rights reserved. LeapFrog was one of the external members of the consultation group that designed the Principles and became a founding signatory to the Principles in April 2019. To drive performance, LeapFrog implements a leading integrated measurement tool, FIIRM (Financial, Impact, Innovation and Risk Management). He co-leads the firm’s European office and South Asia investments. The company has achieved average annual revenue growth of 76 percent across the period of investment. Use the print button to print the current page contents. Hedge fund industry AUM … If we can spend the early decades of the 21st century finding approaches that meet the needs of the poor in ways that generate profits and recognition for business, we will have found a sustainable way to reduce poverty in the world.”. The Responsible Investment Code sets out the overarching policy, standards, and guidelines that enables LeapFrog and its portfolio companies to deliver integrated financial and social results by incorporating best practice across ESG and impact management. © 2020 ImpactAssets. 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