Leapfrog Investments I
Date: 2009 | Amount: Part of USD 44 million first close | Country: Global | Sector: Micro-insurance
I managed the Omidyar Network’s anchor equity investment into the first close of the world’s first micro-insurance fund. Omidyar acted as lead investor, hiring legal counsel on behalf of the first close investor group and co-ordinating documentation.
The Leapfrog I fund reached USD 135 million and is now fully committed. The Leapfrog II fund closed in 2014 at some USD 400 million, making Leapfrog one of the largest asset managers in impact investing.
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