• Private equity and impact investing leader appointed as lead partner for fundraising, co-investment and capital mobilisation
• LeapFrog has exceeded $3 billion of commitments and plans to grow rapidly across social and climate impact strategies

London, UK: LeapFrog Investments, the profit with purpose investment firm, has appointed Virginia Doble as a new partner to lead the firm’s Investor Solutions team worldwide as the multi-fund firm and industry scale rapidly.

Virginia brings nearly two decades of private equity investor relations experience to the role, having been instrumental in successful capital raises totalling approximately $7.5 billion. She has built long-term and trusted relationships with many of the largest and leading institutional investors in the world. She also has deep experience in impact investing across LeapFrog’s global growth markets.

The appointment follows sustained growth for LeapFrog. Total capital raised by LeapFrog now exceeds $3 billion across seven institutional funds and separately managed accounts. Today, LeapFrog’s portfolio companies reach 622 million people across Asia and Africa and generate over $9 billion in annual revenue and $1.5 billion in profit.

Most recently, Virginia led Investor Relations and capital raising across the multi-billion dollar Helios platform, focused on African private equity. Previously, she was Managing Director and Head of EMEA Distribution at Actis, covering alternative strategies across Africa, Asia and Latin America.

Virginia joins LeapFrog’s partnership and Executive Committee. She will continue to broaden and deepen relationships with institutional investors and development finance institutions, addressing their specific allocation priorities, strategy preferences and policy needs.

LeapFrog’s latest flagship fund, Fund IV, raised $1 billion in commitments and co-investments for its wealth and health strategy. Strong support from existing investors was complemented by an expanded investor base in eight new countries, with significant step-ups in allocations from Asian markets including Japan and Singapore. Today’s wide and deep investor base provide the foothold for LeapFrog to further promote authentic impact investing and growth markets investing globally.

LeapFrog is deploying capital at pace, with recent investments including African fintech unicorn Moniepoint, Vietnamese pharmacy chain Pharmacity and Filipino regional hospital chain Global Care Medical Centre. By 2030, LeapFrog aims via its portfolio companies to reach 1 billion emerging consumers.

Virginia Doble, Partner and Head of Investor Solutions at LeapFrog said: “LeapFrog’s reputation in the market is magnetic and distinctive, built on a team whose calibre I have long admired. I was drawn to the firm by its mission, methodologies and evidence of genuinely delivering profit and purpose.”

Dr Andy Kuper, CEO and Founder of LeapFrog said: “Virginia is held in the highest esteem across our global industry – trusted by Limited Partners, General Partners, service providers and major associations. She is the right person to drive capital and network growth in the exciting years ahead. Her experience and judgement will be valuable to our partnership and across our investments.”

LeapFrog is the pioneer of Profit with Purpose investing. Founded in 2007, its team has backed and built high-growth companies delivering healthcare, financial services and climate solutions that operate across 37 countries. Today, LeapFrog companies reach 622 million people with essential services and grow on average at 22% a year. They also finance or protect 33 million emerging enterprises and support 81 million jobs. Through its private equity funds, LeapFrog has raised billions of dollars from institutional investors worldwide and co-created industry champions across global growth markets. The firm has played a foundational role in what is now the $1.6 trillion impact investing industry, collaboratively creating global organisations and standards. LeapFrog was ranked, alongside Apple and Novartis, by Fortune as one of the top five Companies to Change the World.

Montfort Communications

LeapFrog@Montfort.London