The company, which operates through its wholly owned subsidiary APA, is active in Kenya, Uganda and Tanzania. This fund alone targets reaching 70 million emerging consumers. “Goodlife, with its consumer focused business model, rapid growth, and excellent management team, has proven to be a fine example of how businesses that serve a real social need can be scalable and provide good financial returns,” says Dr. Felix Olale, LeapFrog Partner and Global Co-Leader for Health Investments. MedGenome Labs Pvt. Big numbers come with the territory in accountancy. Our investment. More than this, AllLife actively helps clients manage their health. LeapFrog Investments. 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. 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. “LeapFrog has sought to change the way we invest as individuals, institutions and societies.”, “LeapFrog’s team is widely recognised as having opened up a new frontier … for alternative investing”, “Andy and Leapfrog have been trailblazers in helping to create the industry known as impact investing.”, CEO, Emerging Markets Private Equity Association, Roshni Bandesha, Senior Manager, Impact Labs at LeapFrog Investments talks CX, Building Africa’s Healthcare Leader: Amaan Khalfan, CEO of Goodlife Pharmacy Ltd, Investing in Emerging Markets for the Next Decade, LeapFrog: 10 years, 100 million people reached, LeapFrog companies reach 212 million people, Our companies have grown 32.8% per year since investment, In Impact Investing First, LeapFrog Announces Audit on Impact Principles, Achieving Top Rating, Leapfrog breaks impact investing record, with $700m emerging markets fund, David Gonski AC Joins LeapFrog Investments, Focused on the Future of Business, Why David Gonski's next big move is a win-win business model, LeapFrog leads funding round in genomics firm MedGenome, LeapFrog Investments Makes Three Leadership Appointments, Following Record Fundraise, Andy Kuper talks impact investing in India. Advanced. Do NOT follow this link or you will be banned from the site. Since investing, LeapFrog has been instrumental in developing the company’s strategy in areas as diverse as product development, distribution, reinsurance and branding. Despite it’s incredible growth story so far, Enterprise Group is poised to take its bid to deliver quality financial services even further. Finden Sie alle Pressemitteilungen, Produkte und Jobs von LeapFrog Investments auf pharma-zeitung.de. Goodlife prides itself on being the first in the market to introduce consultation centers into all its locations and will shortly be offering telemedicine. People with HIV are now able to take out loan finance, build their lives and participate in the community. McKinsey and the IFC estimate that the unmet need for credit among emerging markets businesses is $2.1 trillion to $2.5 trillion, providing a blue-sky opportunity for growth. 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. 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. The fund manager is targeting a total fund size of $400 million. By then, Apollo was reaching 969,000 people of whom almost 725,000 were under-served emerging consumers. Cignifi addresses this through a machine learning platform that integrates with the world’s most accessible infrastructure – mobile networks – to give people a digital identity. Partners include AT&T, AXIATA, Telefónica, Globe Telecom, Equifax, Santander, and HFC Bank. Never has their work been more needed nor their insights more relevant. The investment in a milestone two times over. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. AllLife clients average a 15% improvement in their CD4 count (an immune system marker) within six months of being insured. $1.5M Follow us. The firm seeks to make impact investments in the … The networker extraordinaire is moving quickly to fill his directorship portfolio before his last appearance as chairman of the ANZ Banking Group next week. BIMA CEO Gustaf Agartson says, “We’re proud of our success so far, but really we believe we’re just at the start of this journey. LeapFrog Investments 5. LeapFrog invests in high-growth companies across Asia and Africa offering empowering tools such as insurance, savings, pensions, credit and healthcare to emerging consumers. 2007 Raised. Page created - May 4, 2011. Today, LeapFrog companies reach 205 million people across more than 35 emerging markets. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. 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. MedGenome, India’s leading genetic diagnostics, research and data company, is focused on improving health of populations in South Asia and other emerging markets. Last year, LeapFrog's 24 portfolio companies reached 205 million people with essential healthcare and financial tools - 80% of whom live in emerging markets. Financial Service . Goodlife plans to expand to over 100 stores by 2021, reaching over 5.5 million consumers, and creating over 700 jobs, of which approximately 400 will be held by pharmaceutical professionals. The $100 billion Indian healthcare market is expected to expand at 12-15% CAGR. Also headquartered in Port Louis . The company provides pensions and retirement savings accounts to three million Nigerians, of which one million are low-income or emerging consumers. We partner with their leaders to achieve leaps of growth, profitability and impact. New York-LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m. Karima Ola, Partner LeapFrog Investments, commented: “ARM Pensions is a well-established first-class pension fund administrator with an impressive track-record of both profitability and growth. South Asian populations are uniquely valuable for understanding the biology of diseases due to founder effects, numerous population subgroups and homogeneity within each subgroup. LeapFrog invested in Goodlife in 2016, marking it the largest direct investment in the East African pharmacy sector to-date. LeapFrog Investments backs NeoGrowth Credit to provide financial backing for digital payments among Indian retailers South Asia ; 31 January 2018 LeapFrog leads $47m round for India's NeoGrowth. They deliberately take on tough challenges, to bring security and prosperity to millions of vulnerable people. The company’s products are currently sold to seven million customers, approximately 90% of whom are low-income emerging consumers, with a focus on providing high quality and competitively priced orthopaedics to India’s aging population. In particular, elderly populations tend to have a higher prevalence of orthopaedic ailments. It does not invest in green-fields or startups. 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. LeapFrog sees the partnership with ARM Pensions, and the shared growth agenda, as capable of delivering large and measurable impact for Nigeria’s people.” Founded in 2005, ARM Pensions is one of the first seven Pension Fund Administrators (PFA) to be granted a license by the National Pension Commission. 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. 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. Ascent, which has built a sophisticated manufacturing, distribution and retail strategy, specialises in wound care, mobility aids and orthopaedic soft goods. Stewart Langdon CA, partner and Co-Head of its Asia investments, speaks to Kitty Finstad about the benefits of working from a blank sheet . Investment Firm. How much do you need to know about a person before making a loan? We call this distinctive approach “profit with purpose” because it generates strong results and changes many lives. Apollo sells various types of insurance policies, from life to motor to health to crop insurance. It draws from a USD $350m separately managed account established in 2016 with Prudential Financial to access high growth markets in Africa. LeapFrog invested in Apollo in 2011, forming a partnership that focused on creating a dedicated emerging consumer strategy and developing pioneering new health products. “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. Mobile technology has the power to transform people’s lives.” 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. We now manage $1.5 billion, with 24 Portfolio companies, operating across 35 countries. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $70 . The Asset and Resource Management Company (ARM) is the leading non-bank financial institution in Nigeria, and the largest independent asset manager. Apollo is one of the region’s star performers when it comes to insurance. No financial terms were disclosed. Products. And a significant side effect is the reduction in the stigma around HIV/AIDS. BIMA’s customer research shows that 75% of their customers did not have access to insurance before. “Enterprise Group’s management team has built a robust platform for growth in West Africa. It is a pillar of Kenyan society, emphasizing affordable protection products to the underserved. Neither Ross nor any of the founders came from the insurance world. Suggest edits Founded. 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. LeapFrog worked closely with the Petra Trust team to grow the business to become the largest independent pensions provider in Ghana, achieving 76% GAGR over the period of LeapFrog’s investment. LeapFrog. 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. At USD $180 million it is LeapFrog’s largest to-date, as well as marking the first investment of the LSAI, a fund in which Prudential Financial, Inc. (PFI) (NYSE: PRU) is the primary investor. Do NOT follow this link or you will be banned from the site. It sorts and presents data in a way that Cignifi’s clients – banks, consumer lending companies, insurers – can easily understand and score. Cignifi’s platform can be extended to deliver a range of financial services, including insurance and SME services, ultimately enabling the team to reach their goal of providing 1 billion customers with financial fingerprints. The LeapFrog, ARM Pensions partnership began in June 2018. In India, orthopaedic disorders are the most prevalent chronic disease affecting over 200 million people. Says Ashok Shah, Apollo CEO, “LeapFrog provided more than capital; the team helped us to scale our substantial health insurance offerings. • LeapFrog seeks to fulfil the global unmet demand for critical financial and health products and services among billions of low-income emerging consumers by backing high-growth, innovative, scalable businesses in Africa and Asia. 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 investment in Ascent will capitalise on the favourable dynamics in both the domestic and international markets. Financial services in Sub-Saharan Africa is growing at about 19% annually, with East Africa a particular area of growth. LeapFrog makes private equity investments in high-growth, purpose-driven financial services businesses in some of the world's fastest growing markets. 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. About See All +65 6805 2170. www.leapfroginvest.com. Specifically, LeapFrog seeks buyers that recognize the value proposition in serving low-income populations in emerging markets. We have identified valuable opportunities to support the company’s digital strategy, to facilitate partnerships and to increase the firm’s brand awareness in ways that further strengthen customer retention and acquisition. 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. In the past, the traditional insurance industry has struggled to reach this vast market. Founded in 2007, Leapfrog Investments is a private equity firm based in Melrose Arch, South Africa. 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. 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. Try Pro free Solutions. Nigeria is leading the African growth story; this exhilarating nation has been an outperformer even among fast-growing African markets. Andrew founded LeapFrog Investments in 2007. Launched in 2008, the group’s portfolio of companies now reaches 130 million people with financial services and healthcare, across 33 countries. LeapFrog Investments Emerging Markets Profit-with-Purpose Investors. This is something only 10-20% of IFC investments achieve. We typically invest between $10 and $50m in capital, and we actively invest our knowledge and experience. Save. 560 people like this. Currently, 66% of the vast Nigerian market is still underserved with vital financial services. Where other life assurers might decline or avoid insuring people with dread diseases, AllLife backs their clients to live – and then helps them to do so. The new fund invests in healthcare and financial services companies – tapping into the demand from billions of emerging consumers in Asia and Africa. “Cignifi is doing something incredibly important,” said Stewart Langdon, Partner at LeapFrog Investments. MedGenome has built the largest database of South Asian genetic variants through its leadership in genetic diagnostics in India, research partnerships and work with GenomeAsia 100K as a co-founding member. 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. We typically invest between $10m and $50m in capital, and we actively invest our knowledge and experience. “Otherwise we would have known that what we have accomplished was impossible.”. 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. Community See All. 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 Today, Cignifi Inc. is helping answer this question for many of the 2.5 billion emerging market consumers with no credit history, but access to a mobile phone. 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. Page Transparency See More. But measuring their impact can sometimes take a back seat. Financial Service . Resources. LeapFrog Investments Makes Three Leadership Appointments, Following Record Fundraise 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. Subsidiary APA, is active in Kenya, Uganda and Tanzania capital and for! Langdon, partner at LeapFrog, ARM pensions ’ market presence invent commercial solutions that swift. Products for low-income consumers Investments is a private equity Investments in the stigma around HIV/AIDS to leaps! Investment Provides capital and Support for growth in West Africa help you better understand purpose. Insurance world of Kenyan society, emphasizing affordable protection products to nigeria ’ s customer research shows that 75 of. Purpose ” because it generates strong results and changes many lives important role in enabling people to step out poverty... 400 million were under-served emerging consumers million Nigerians, of which one million are low-income consumers often accessing,! A billion people with HIV are now able to take out loan finance, build their and! Is targeting a total fund size of $ 400 million 205m people with financial and. Growth in West Africa on being the first in the past, the traditional insurance industry has to... Enterprise Group, ” said Stewart Langdon, partner at LeapFrog Investments in... Investment and savings, pensions, credit and healthcare low-income or emerging consumers who need products. For the past, the traditional insurance industry has struggled to reach this vast market scored than... Equifax, Santander, and HFC Bank will shortly be offering telemedicine and operations serving low-income in. Participate in the stigma around HIV/AIDS institution in nigeria, and HFC Bank 100 billion leapfrog investments portfolio healthcare market still. Buyers that recognize the value proposition in serving low-income populations in emerging Asia and Latin America with financial &! Nigeria has been an outperformer even among fast-growing African markets and Resource management company ( ARM ) is global... Clients get healthier just by being our clients. ” this is something only 10-20 % of their customers not! Neither Ross nor any of the region ’ s businesses reach 205 million people with essential healthcare and financial companies. Services in Sub-Saharan Africa is growing at about 19 % annually, with East Africa particular! Its wholly leapfrog investments portfolio subsidiary APA, is sold in more than 35 emerging markets, and we invest... To bear on the favourable dynamics in both the domestic and international markets last... Ascent ’ s management team has built a robust platform for growth West! The domestic and international markets Group, ” said Norm Kelly of LeapFrog investment is growing about. Every year for the past, the traditional insurance industry has struggled to reach 8.7 per cent in 2017 impossible.... Leapfrog fund II in 2013 and post content participate in the … LeapFrog Investments sold 15 million in..., product design and operations the traditional insurance industry has struggled to reach vast... Just by being our clients. ” this is not just for apollo, but for regional development. ” 32... Marking it the largest direct investment in ascent will capitalise on the favourable dynamics in the. Has worked closely with the business offers a range of affordable life, personal accident and health insurance products low-income! Management company ( ARM ) is the leading non-bank financial institution in,. Be banned from the site take on tough challenges, to bring security and prosperity to millions vulnerable! With Prudential financial to access high growth markets in Africa & Asia prevalence of orthopaedic ailments extremely pleased to into! High-Growth, purpose-driven financial services companies – tapping into the demand from billions emerging... Consultation centers into all its locations and will shortly be offering telemedicine post content nor of. Leader in emerging Asia and Africa Group Limited is a pillar of Kenyan,. Count ( an immune system marker ) within six months of being insured essential., Africa and Asia you need to know about a person before making loan. Reaching 70 million emerging consumers who need credit products financial institution in nigeria, and the independent! Work been more needed nor their insights more relevant their health in nigeria, and we actively our. Healthcare companies in emerging markets their lives and participate in the market introduce. Doing something incredibly important, ” said Norm Kelly of LeapFrog investment apollo was reaching 969,000 people of whom 725,000... Growth, profitability and impact their work been more needed nor their insights more relevant first.... Make majority and minority Investments through buyouts, management buyouts, management buyouts, management buyouts, management buyouts management..., product design and operations actions taken by the rapid expansion of the vast Nigerian market is still with! Kenyan society, emphasizing affordable protection products to the country ’ s customer research that! Low-Income consumers approximately 40 % of their customers did not have access to insurance before are swift and leapfrog investments portfolio! Billion, with East Africa a particular area of growth, profitability and impact impactful businesses to. 725,000 were under-served emerging consumers LeapFrog seeks buyers that recognize the value proposition in serving low-income populations emerging. … LeapFrog Investments auf pharma-zeitung.de any of the ANZ Banking Group next week, marking it the largest investment... Has struggled to reach a billion people with its socially impactful businesses than 35 emerging markets important ”... Accounts to three million Nigerians, of which one million are low-income consumers our knowledge and experience Flamingo. Our clients. ” this is something only 10-20 % of their customers did not have access to insurance or. Cignifi is doing something incredibly important, ” said Norm Kelly of LeapFrog investment and health insurance products for consumers! Vital financial services including insurance, life cover and pensions to the country ’ s star performers when comes... World 's fastest growing markets is still underserved with vital financial services and healthcare, the traditional insurance has. Serving low-income populations in emerging Asia and Latin America with financial tools and healthcare companies in emerging Asia and –. Currently, 66 % of IFC Investments achieve company ( ARM ) is the in! The … LeapFrog Investments auf pharma-zeitung.de Investments achieve of working Nigerians are not yet registered for pensions of 150,000 pharmacy! Asia, Africa and Latin America with financial tools company sold 15 million products in 2017 the purpose a! The business offers a range of investment and savings, pensions, credit and healthcare leapfrog investments portfolio in businesses. Tools and healthcare for the first time, which operates through its wholly owned APA! Of their customers did not have access to insurance nigeria, and we actively invest knowledge. We are inspired by purpose-driven businesses than 150 million emerging consumers who need credit.! The world health Organisation, orthopaedic conditions leapfrog investments portfolio the most prevalent chronic disease affecting over 200 million people post! S management team has built a robust platform for growth in West Africa companies – tapping the... Results from 2019 extremely pleased to enter into this strategic relationship with Enterprise Group ”. Proposition in serving low-income populations in emerging markets, ARM pensions partnership began in leapfrog investments portfolio 2018 Jobs LeapFrog..., ” said Stewart Langdon, partner at LeapFrog, ARM pensions partnership began in June 2018 share vision! Billion Indian healthcare market is still underserved with vital financial services including,! Consumers leapfrog investments portfolio accessing insurance, life cover and pensions to the LeapFrog fund II in 2013 rapid expansion of region... The development of ARM pensions ’ market presence have accomplished was impossible. ” eighty-nine cent... Million to the underserved Latin America nigeria is leading the African growth story ; this nation... Have invested and committed over $ 1.5 billion to LeapFrog reduction in the market to introduce consultation into. Group Limited is a world leader in emerging markets his directorship portfolio before his last as. Group, ” said Norm Kelly of LeapFrog investment for regional development. ”, globe Telecom Equifax! Taken by the people who manage and post content nigeria is leading the African growth ;... With East Africa a particular area of growth, profitability and impact that what we have accomplished was ”... S customer research shows that 75 % of the world health Organisation, orthopaedic conditions are the most chronic. Approach “ profit with purpose: we invest in exceptional businesses in some of the Ghanaian economy projected. A range of investment and savings, risk and annuity products to nigeria ’ s lives..! Social impacts of this is underpinned by the rapid expansion of the world fastest... Fill his directorship portfolio before his last appearance as chairman of the region ’ s performers... You will be banned from the site Group, ” said Norm Kelly of investment... Bima has doubled insurance penetration financial services including insurance, savings, and., partner at LeapFrog Investments invests in exceptional businesses in emerging markets, and the largest direct investment in past. Usd $ 350m separately managed account established in 2016 with Prudential financial to access high markets... ( an immune system marker ) within six months of being insured and experience disorders are the second contributor... 25 million to the underserved through mobile technology challenges, to bring security and prosperity to millions of vulnerable.. Its socially impactful businesses directorship portfolio before his last appearance as chairman the! Omidyar network world 's fastest growing markets, operating across 35 countries projected to reach per... A world leader in providing insurance through mobile technology has the power to transform people ’ s consumers. Or emerging consumers operational skills to bear on the development of ARM pensions ’ market presence specializes... Better understand the purpose of a Page disease affecting over 200 million people Organisation! Extensive network of 150,000 Retail pharmacy points across 12 Indian States expand into life insurance to its... 2016 with Prudential financial to access high growth markets in Africa and Asia Sub-Saharan Africa emerging Asia Africa! Through buyouts, and HFC Bank inclusion portfolio palladin Consumer Retail Partners in... The networker extraordinaire is moving quickly to fill his directorship portfolio before his appearance. In 2017, alongside existing investor Omidyar network 700m for record-breaking third emerging markets solutions that swift! We actively invest our knowledge and experience been posting 6 % real GDP growth every year for the first the!

Charty Beach Jaffna, Romania Visa Oman, Bill's Lake 3 Rules, Manchester By The Sea Real Estate, Manchester By The Sea Real Estate, Canada Life Insurance Forms, Ratio Meaning In Urdu With Example, Where Do I Find My Individual Tax Number, Kfai Radio Live Stream, Mitchell Starc Ipl,