trending Market Intelligence /marketintelligence/en/news-insights/trending/u3iav_qfgaxm8ha_f2njiq2 content esgSubNav
In This List

Private equity investor LeapFrog invests in Nigerian pension fund manager

Blog

Perspectives from China: The Shifting Regulatory Landscape

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Podcast

Street Talk | Episode 90: Banks should not wait on the Fed to put cash to work


Private equity investor LeapFrog invests in Nigerian pension fund manager

Private equity investor LeapFrog Investments Pty. Ltd. invested an undisclosed amount in ARM Pension Managers (PFA) Ltd., a Nigerian pension fund manager.

LeapFrog, which is based in Sydney and has interests in healthcare and financial-services businesses across 149 Asian and African markets, said it intends to tap into rising demand for retirement products in Nigeria. It noted that 89% of working class Nigerians do not have pensions.

ARM Pensions has nearly $1.8 billion in funds under management reaching 700,000 people. It operates 57 offices across all 36 Nigerian states.

LeapFrog in 2012 co-invested with ARM Group into what is now ARM Life PLC.