| LeapFrog Investments, a US-based private equity (PE) firm, is betting big on the Indian insurance sector. LeapFrog, which has made two deals in India so far, appointed Michael Fernandes, former India head of Khazanah Nasional, as partner (Southeast Asia), in December 2012.
At Khazanah Nasional, the sovereign wealth fund of the Malaysian government, Fernandes was responsible for over $700 million of direct investments in India, including Yes Bank and L&T Finance...............................................Full Article: Source
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