LEAPFROG EMERGING CONSUMER FUND III

Projektträger – zwischengeschaltetes Finanzinstitut

LEAPFROG EMERGING CONSUMER GP LP,LEAPFROG INVESTMENTS GROUP LTD

Ort

• Regionalvorhaben - Afrika

Beschreibung

The project concerns an equity participation of up to USD 40.5m in LeapFrog Emerging Consumer Fund III, a private equity fund planning to make equity growth investments in innovative SMEs and Midcaps enterprises active in the financial services. Investments will cover to a lesser extent healthcare sectors in Africa and developing Asia.

Ziele

Through its renewed participation in the fund, the EIB will support and crowd in new and returning private investors, allowing the fund reach its target size and realize its full envisaged impact. LeapFrog Emerging Consumer Fund III will provide equity financing to high growth innovative companies active in the financial services and healthcare sectors serving emerging consumers in Africa and Asia.

Sektor(en)

• Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen
• Gesundheit - Gesundheits- und Sozialwesen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 26 million (EUR 23 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 600 million (EUR 532 million)

Umweltaspekte

It will be ensured that the project meets the EIB social and environmental standards. It has to be noted that Leapfrog has become a recognised leader in environmental, social and governance procedures for "Profit with Purpose" investments, thanks to the involvement of EIB and other development finance institutions since the beginnings of Fund I.

Auftragsvergabe

N/A

Projektstatus

Unterzeichnet - 31/05/2019