Reference:
20130204
Release date: 16 May 2013
Release date: 16 May 2013
Promoter – Financial Intermediary
Leapfrog Group LtdLocation
Description
Equity participation in a closed-end private equity fund seeking to invest in financial services companies, primarily with a focus on insurance products that deliver services to low-income and financially excluded people in Asia and Africa.
Objectives
Generating long-term capital appreciation and enduring social impact in emerging market countries.
Comments
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 19 million
Total cost (Approximate amount)
EUR 300 million
Environmental aspects
N/A
Procurement
N/A
Status
Signed - 30/08/2013
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).