LeapFrog invests in healthcare, financial services and climate solutions businesses in high-growth global markets. LeapFrog companies now reach 392 million people in 30 countries. IFC’s investment in the fund will be made along with an additional US$50 million, which will allow IFC to selectively invest alongside the fund in Leapfrog portfolio companies. This is its third engagement with the fund manager, following an investment of US$20 million in LeapFrog’s first fund and US$45 million in its third fund. In addition, IFC will work with LeapFrog to improve gender diversity at the fund manager level and the companies the fund will invest in.
