Temasek targets more impact investing after Leapfrog stake
The Singapore state fund recently bought into impact investing specialist LeapFrog, and is eyeing more investments that combine strong financial returns with a positive social effect.
Temasek’s $500 million investment into impact private equity firm Leapfrog in March could be followed by other indirect and direct investments in the impact investing space, according to its head of the business. Plus, the sovereign wealth fund's investment should help to bring impact and sustainability investing further into the mainstream, believe investment industry experts.
Benoit Valentin, Temasek:
committed to ESG
The acquisition gives the $214 billion Singapor…
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