PROJECT

Projects

Summary of Investment Information

Project Number

49613

Company Name

LeapFrog Climate LP

Date SPI Disclosed

Aug 26, 2024

Country

South Asia Region

Region

South Asia

Projected Board Date

Sep 30, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 6, 2025

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 11, 2024
Signed : Dec 20, 2024
Invested : Feb 4, 2025

Sector

Growth Equity Fund

Project Description

The proposed investment is for up to US$30 million (capped at 20% of total commitments), along with a co-investment envelope of US$15 million in LeapFrog Climate Fund, LP. (the Fund or LeapFrog Climate I), a US$600 million (target) private equity (PE) fund focusing on growth-stage, climate-themed investments in South Asia, Africa, and Southeast Asia (SE Asia).                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation