It draws from a USD $350m separately managed account established in 2016 with Prudential Financial to access high growth markets in Africa. Apollo - LeapFrog Investments F inancial services in Sub-Saharan Africa is growing at about 19% annually, with East Africa a particular area of growth. Clients are served through 59 locations across all 36 states of Nigeria, with dedicated mobile offices reaching consumers in the most remote areas, and innovative digital channels ensuring swift access to accounts and assistance. Palladin Consumer Retail Partners Invests In Leapfrog Brands Investment Provides Capital and Support for Growth. Specifically, LeapFrog seeks buyers that recognize the value proposition in serving low-income populations in emerging markets. LeapFrog Investments is the world’s largest dedicated equity investor in emerging markets financial services, with over 1 billion dollars in commitments and assets under management. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. We partner with their leaders to achieve leaps of growth, profitability and impact. In Ghana and Bangladesh, BIMA has doubled insurance penetration. With a focus on “helping the nation feel better one customer at a time,” Goodlife Pharmacy’s customers have voted with their feet, helping Goodlife to become the largest pharmaceutical retail business across East Africa. The firm seeks to make majority and minority investments through buyouts, management buyouts, and growth equity. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. It is tapping a high-growth market, with Kenya’s pharmacy sector already worth $725m and set to rise to $1.3bn by 2020. 611 people follow this. LeapFrog Investments is a private equity firm that specializes in investments in growth-stage and expansion. Typically, elderly consumers prefer medical aids over invasive solutions such as surgery. 4 talking about this. LeapFrog Investments. Goodlife was recently endorsed by The Pharmaceuticals Society of Kenya as best pharmacy practice in the country; a testament to Goodlife’s ongoing commitment to excellence in pharmacy practice. Financial Service . It is both widely recognized and trusted as a brand that delivers quality medication, in a market where substandard and counterfeit medication are yet to be rooted out. And a significant side effect is the reduction in the stigma around HIV/AIDS. Search Crunchbase. In doing so, it connects financial institutions to emerging consumers who need credit products. While AllLife’s social impact is considerable, this is a profitable business, one that has seen 50% growth year-on-year, since being founded in 2004. “We contact our clients every month,” says Ross Beerman, the irrepressible CEO of AllLife, “reminding them to stay healthy, do their blood tests and take their medication. The pharmacies can be found in shopping malls and gas station locations throughout Kenya, placing health services at the heart of communities and making them accessible to all income groups. The company, which operates through its wholly owned subsidiary APA, is active in Kenya, Uganda and Tanzania. They deliberately take on tough challenges, to bring security and prosperity to millions of vulnerable people. 2007 Raised. 164 million are low-income consumers often accessing insurance, savings, pensions, credit and healthcare for the first time. The investment is a continuation of LeapFrog’s focus on pensions in the West African market, following its successful exit from Ghana’s Petra Trust to Capital Alliance Private Equity IV Limited, a fund managed by African Capital Alliance, a pan-African investment firm in February 2018. “We are extremely pleased to enter into this strategic relationship with Enterprise Group,” said Norm Kelly of LeapFrog Investment. LeapFrog companies reach 205m people with financial tools & healthcare All three leaders contributed significantly to the raise of LeapFrog’s record-breaking $743 million impact investing fund for emerging Asia and Africa last year. Andy Kuper speaks about identifying value drivers during COVID-19 and tries to decode if he’s spotting an opportunity in the Indian financial services sector. Such conditions significantly limit mobility and dexterity, leading to difficulty working and early retirement from employment, reduced accumulated wealth and decreased ability to participate in social roles. The firm seeks to make impact investments in the … LeapFrog raises $700m for record-breaking third emerging markets fund. The fund makes significant minority investments in portfolio companies, with most investments in the $10 million to $25 million range, but with the potential to provide up to $50 million. Ascent’s flagship brand of products, Flamingo, is sold in more than 40 countries across the globe. LeapFrog Investments, the Profit with Purpose investment group whose companies now reach over 200 million people, has elevated three emerging market leaders to its Management Committee and Board. Investment Firm. LeapFrog Investments. ARM partnered with LeapFrog to expand into life insurance to complement its pensions and investment management offerings. Its sustainable business model was recognized in July 2015, when AllLife won the Prince of Wales Unilever Global Development Award for Business in the Community. Launched in 2008 by former United States President Bill Clinton, LeapFrog Investments is the world's first and largest microinsurance fund, investing in businesses that provide affordable insurance to low-income and vulnerable people in Africa and Asia. We partner with their leaders to achieve leaps of growth, profitability and impact. Currently, 66% of the vast Nigerian market is still underserved with vital financial services. Also headquartered in Port Louis . LeapFrog’s first investment was in AllLife, a South African company that is quietly turning the life insurance customer model on its head. MedGenome, India’s leading genetic diagnostics, research and data company, is focused on improving health of populations in South Asia and other emerging markets. Never has their work been more needed nor their insights more relevant. Nigeria is leading the African growth story; this exhilarating nation has been an outperformer even among fast-growing African markets. The $100 billion Indian healthcare market is expected to expand at 12-15% CAGR. They helped us launch a number of products for underserved clients, including last needs and hospital cash insurance. People with HIV are now able to take out loan finance, build their lives and participate in the community. Pensions not only serve as a safety net for aging Nigerians but can also make a huge impact on the households in which these individuals live – for both children and other family members – supporting education, healthcare and other necessary services. Today, over 90% of the population in low and middle income countries are without a documented credit history, meaning they’re unable to borrow or save for the products they need to improve their lives and economic prospects. “Mobile enabled financial services have the ability to scale at an unprecedented rate, reaching billions of consumers, and driving vast social impact throughout emerging markets,” said Jonathan Hakim, Founder and CEO of Cignifi. LAGOS, Nigeria, June 15, 2018 /PRNewswire/ -- Company is on target to rise to address the health needs of 5.5 million emerging consumers Goodlife Pharmacy, designated 'Portfolio This financial technology has the potential to revolutionise how we assess the creditworthiness of billions of people globally and drive down customer acquisition costs.”. All of this is underpinned by the rapid expansion of the Ghanaian economy, projected to reach 8.7 per cent in 2017. Our investment. LeapFrog Investments. Ascent, which has built a sophisticated manufacturing, distribution and retail strategy, specialises in wound care, mobility aids and orthopaedic soft goods. The aim of ARM Pensions, one of the largest fund administrators in Nigeria with approximately $1.8bn in funds under management, is to build understanding and uptake of this essential service. These tools play an important role in enabling people to step out of poverty and lead self-determined lives. AllLife has built a profitable business by offering affordable life cover to people living with HIV, people who once were automatically excluded on the basis on carrying the virus that leads to AIDS. A Decade of Growth Each year between 2009 and 2019, LeapFrog companies grew on average Launched in 2008, the group’s portfolio of companies now reaches 130 million people with financial services and healthcare, across 33 countries. With the capital and expertise of our team behind the business, we are confident that it will scale to provide millions more people with access to essential financial services.”. Resources. We partner with their leaders to achieve leaps of growth, profitability and impact. This fund alone targets reaching 70 million emerging consumers. Fernanda Lima, Karima Ola and Frances Holliday will play key governance roles as LeapFrog pursues continued outsized returns and impact for investors and portfolio companies. This fund alone targets reaching 70 million emerging consumers. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. Just seven years shy of its centenary, the company, founded in 1924, has been providing Ghanaians with access to life changing financial products for more than 90 years. Founded in 2007, Leapfrog Investments is a private equity firm based in Melrose Arch, South Africa. It is in this spirit of practical hope that we share LeapFrog companies’ extraordinary results from 2019. Crucially, pharmacy is often the first point of care for Kenyans – and Goodlife is dedicated to increasing access to healthcare through its stores, thereby improving the quality of life and wellness of East Africa’s growing consumer class. LeapFrog. Globally, approximately 40% of customers are rural. LeapFrog has worked with ARMLife to bring in new leadership talent and support across management training, as well as to improve governance, financial reporting actuarial and technical services and human capital management. This is something only 10-20% of IFC investments achieve. Andrew founded LeapFrog Investments in 2007. Finden Sie alle Pressemitteilungen, Produkte und Jobs von LeapFrog Investments auf pharma-zeitung.de. Log In. Stewart Langdon CA, partner and Co-Head of its Asia investments, speaks to Kitty Finstad about the benefits of working from a blank sheet . LeapFrog Investments Emerging Markets Profit-with-Purpose Investors. LeapFrog successfully exited Apollo to Swiss Re, in a deal announced in October 2014. See actions taken by the people who manage and post content. Pressemitteilungen von LeapFrog Investments Our clients get healthier just by being our clients.” This is not just a claim. It sorts and presents data in a way that Cignifi’s clients – banks, consumer lending companies, insurers – can easily understand and score. “LeapFrog will accelerate our ambition to reach one billion people in emerging markets by supporting Cignifi’s growth strategy and expansion into adjacent categories such as insurance.”. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. Financial Service . LeapFrog Investments is a private investment firm that invests in high-growth financial services and healthcare companies in emerging markets. When it comes to financial services, Enterprise Group Limited is a household name in Ghana. Despite it’s incredible growth story so far, Enterprise Group is poised to take its bid to deliver quality financial services even further. About See All +65 6805 2170. www.leapfroginvest.com. Since investing, LeapFrog has been instrumental in developing the company’s strategy in areas as diverse as product development, distribution, reinsurance and branding. “They [LeapFrog and Prudential] bring an incredible network of global insurance contacts and experience, and also the capacity to provide growth capital towards the realisation of our very ambitious strategic objectives,” said Keli Gadzekpo, Group CEO of Enterprise. At LeapFrog, we are inspired by purpose-driven businesses. The share of India’s population over the age of 60 is projected to increase from 8% today to 19% by 2050. LeapFrog sold a major stake in BIMA as part of a $96.6m investment by Allianz X, the digital investment unit of Allianz Group, the global insurer and asset manager in 2017. “Cignifi is doing something incredibly important,” said Stewart Langdon, Partner at LeapFrog Investments. The investment also builds on LeapFrog’s partnership with ARM Group following a 2012 co-investment into what is now ARM Life, a high-growth insurer. It does not invest in green-fields or startups. The Asset and Resource Management Company (ARM) is the leading non-bank financial institution in Nigeria, and the largest independent asset manager. Page created - May 4, 2011. LeapFrog makes private equity investments in high-growth, purpose-driven financial services businesses in some of the world's fastest growing markets. The firm makes investments in financial institutions, distributors for financial products, or enablers of financial services, such as administrators or technology platforms. The practical, psychological and social impacts of this are profound. Partners include AT&T, AXIATA, Telefónica, Globe Telecom, Equifax, Santander, and HFC Bank. To-date the company has credit scored more than 150 million emerging consumers in Asia, Africa and Latin America. “Otherwise we would have known that what we have accomplished was impossible.”. Fernanda Lima, Karima Ola and Frances Holliday will play key governance roles as LeapFrog pursues continued outsized returns and impact for investors and portfolio companies. More than this, AllLife actively helps clients manage their health. Apollo is one of the region’s star performers when it comes to insurance. LeapFrog Investments 5. According to The World Bank, today only 5 per cent of Ghanaian adults have some form of insurance, presenting a viable opportunity for Enterprise to drive financial inclusion apace. This innovative healthcare business defies the traditional notion of the pharmacy, by delivering a truly customer-centric brand that combines pharmacy services with wellness, beauty and diagnostics. We call this distinctive approach “profit with purpose” because it generates strong results and changes many lives. BIMA’s customer research shows that 75% of their customers did not have access to insurance before. A jewel in the crown, Enterprise Life, Ghana’s oldest life insurance company and the country’s leading provider of life insurance, controls gross premiums of over $50m, and has reported a market-leading compound annual growth rate (CAGR) of 26 per cent in premiums between 2013 – 2015. 2007 Raised. Leading global investors share this vision and have invested and committed over $1.5 billion to LeapFrog. They support 127,847 jobs. The company is majority owned by Asset and Resource Management (ARM) Group, Nigeria’s largest and most respected non-bank financial institution, and the country’s largest independent asset manager. Ghana’s recently liberalised pensions industry is one of the fastest growing in the world, and the country’s retirement industry is set to swell 400% by 2018. 560 people like this. These innovations will be crucial not just for Apollo, but for regional development.”. In just under four years, Goodlife has grown to provide trusted pharmaceuticals to 600,000 customers from 19 convenient locations – with a total reach of 1.2 million people. “Enterprise Group’s management team has built a robust platform for growth in West Africa. PR Newswire. Community See All. The company sold 15 million products in 2017 through its extensive network of 150,000 retail pharmacy points across 12 Indian States. LeapFrog invested in Cignifi in 2017, alongside existing investor Omidyar Network. 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