LeapFrog moves into healthcare

African healthcare investments will be led by Felix Olale, who joins the firm as a partner.

Specialist emerging market investor LeapFrog Investments is expanding into the healthcare sector with a new six-strong healthcare global team, Private Healthcare Investorreports.

The impact investor has so far primarily invested in the financial services sector, where it owns businesses serving 52 million people and operating in 21 markets across Africa and Asia.

In a statement, the South Africa and London-based firm said it now intended to “achieve similar large-scale results” in healthcare. African healthcare investments will be led by Felix Olale, who joins the firm as a partner while LeapFrog partner and co-head of Asia, Michael Fernandes, will head up Asian healthcare investments.

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