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LeapFrog's second fund targets 'emerging consumers' in Africa and Asia

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LeapFrog, an emerging markets fund manager, has so far raised $204m to invest in LeapFrog Fund II to focus on eight markets in Africa and Asia.

The funs is targeting the 'emerging classes' in Indonesia, the Philippines, India, Sri Lanka, Kenya, South Africa, Nigeria and Ghana.

MetLife, Prudential, XL, Partner Re and Swiss Re are baking the

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