LEAPFROG FINANCIAL INCLUSION II -B
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
LeapFrog Financial Inclusion Fund II "LeapFrog II" is the second fund managed by LeapFrog Investments. The relationship between LeapFrog Invesments and FMO dates back to 2009 when FMO invested in LeapFrog Financial Inclusion Fund "LeapFrog I".
What is our funding objective?
Leapfrog II is a private equity fund established in 2013 that aims at making equity investments in the insurance and insurance related sectors in Africa and Asia.
Why do we fund this investment?
FMO invested in LeapFrog II for a number of reasons. Firstly a well functioning insurance sector has positive development impact on economies and the lives of individuals and their families. Secondly the insurance sector remains underdeveloped in emerging Africa and Asia. Finally LeapFrog Investment has a good track record in insurance and insurance related investments.
- Website customer/investment
- http://www.leapfroginvest.com
- Country
- Global
- Sector
- Financial Institutions
- Effective date
- 8/30/2013
- Total FMO financing
- USD 20.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - C