Temasek Holdings has entered into a US$500 million ($673.6 million) strategic partnership with LeapFrog Investments, which will take the form of a multi-fund investment by Temasek to anchor LeapFrog’s future funds.
Under the partnership, Temasek will also take a minority stake in the global impact investment group.
In addition, Temasek will provide growth capital for the expansion of the LeapFrog team, as well as for investment capabilities across Asia and Africa.
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