ARM Pension Managers (PFA) Limited, the number two pension fund administrator by assets under management in Nigeria, has announce that LeapFrog Investments, the dedicated profit with purpose investor in high growth financial services and healthcare companies in Africa and Asia, has become a shareholder in the company.
LeapFrog acquires a stake in ARM Pension Managers (PFA) Limited, and brings to the company over a decade of experience investing and growing financial services companies in Africa. The company has a track record for investing capital, people and knowledge in purpose-driven businesses, helping them to grow; become profitable; and, achieve real social impact. LeapFrog’s investment follows the exit of Helios Investment Partners from the company.
ARM Pensions, a subsidiary of Asset & Resource Management Holding Company, is reputed for its investment management track record. Its partnership with Leap Frog Investment is geared towards further strengthening the company’s position in the pension industry.
Source: This day