SG’s Temasek forges $500m partnership with LeapFrog Investments

FILE PHOTO - A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su

Singapore’s state investor Temasek Holdings has entered into a strategic partnership with global impact investor Leapfrog Investments, according to an announcement.

The partnership will see Temasek pump in $500 million in LeapFrog’s funds in lieu of a minority stake as it gears up to provide growth capital to companies across Asia and Africa.

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