Impact specialist LeapFrog Investments will use Temasek’s financial backing to broaden its reach, in terms of sectors and geographies, as well as to anchor future funds
With each jump in fund size, LeapFrog Investments has broadened its mandate. The Asia and Africa-focused firm raised $135 million for its first vehicle in 2010, which was restricted to backing microinsurance...
Justin Ryan, a managing partner at Quadrant Private Equity and latterly head of the Australian firm’s growth strategy, is stepping back from day-to-day investment activity.
KKR has contributed JPY4 billion ($37 million) to a JPY6.6 billion funding round for Netstars, a Japanese QR code payment gateway operator. SIG and Lun Partners, a Hong Kong-based global financial technology investor, also took part.
Pine Labs, an India payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has acquired Fave, a Malaysian counterpart also backed by Sequoia India, for $45 million.