ASSETS UNDER MANAGEMENT
Ghanaian pensions powerhouse Petra Trust was the first trustee approved and licensed by Ghana’s National Pensions Regulatory Authority in 2012 and today it is the country’s largest independent pensions trustee.
Having been liberalised relatively recently, Ghana’s pensions industry is one of the fastest growing in the world and the penetration of financial products remains relatively low.
Petra Trust offers employer schemes, master trusts and retail products to serve an emerging market of consumers hungry for growth and prosperity.
The LeapFrog Difference
LeapFrog invested in Petra Trust in 2014, providing support with consumer research, marketing and IT infrastructure, as well as introducing a world-class governance structure and helping the company diversify its product offering, opening up access to high quality, affordable savings for Ghanaians.
Having helped build Petra Trust into a market leader that achieved average annual revenue growth of 76 percent across our period of investment, we exited in 2018 to Capital Alliance Private Equity IV Limited, a fund managed by pan-African investment firm, African Capital Alliance.
Petra Trust is one of many financial services companies we have invested in. Learn more about the other innovative and impactful businesses LeapFrog has partnered with.