Temasek allots US$500 million for impact investing in LeapFrog tie-up Toggle share menu
Advertisement
Temasek allots US$500 million for impact investing in LeapFrog tie-up
FILE PHOTO: A woman passes a logo of state investor Temasek Holdings at their office in Singapore on Jul 8, 2014. (Reuters/Edgar Su)
09 Mar 2021 01:36PM (Updated:
09 Mar 2021 01:40PM) Share this content
Bookmark
SINGAPORE: Temasek Holdings is committing US$500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitment to an impact investor.
The tie-up will take the form of a multi-fund investment by Temasek to anchor Asia and Africa-focused LeapFrog s future funds, and the Singapore state investor will also acquire a minority stake in LeapFrog, they said in a joint statement on Tuesday (Mar 9).
Singapore s Temasek allots $500 million for impact investing in LeapFrog tie-up
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Singapore s Temasek allots US$500m for impact investing in LeapFrog tie-up
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
Singapore s Temasek allots $500 million for impact investing in LeapFrog tie-up
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.