In addition, Temasek will provide growth capital for the expansion of the LeapFrog team, as well as for investment capabilities across Asia and Africa.
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.
