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'''Andrew Kuper''' {{post-nominals|country=AUS|AO}} is a South African-Australian [[serial entrepreneur]] and investor in emerging markets.<ref name=sydney>{{cite web|url = http://www.smh.com.au/small-business/entrepreneur/raising-capital-improving-prospects-20120902-2590o.html| author = Max Mason| title= Raising capital, improving prospects| date= 1 September 2012| work=The Sydney Morning Herald| accessdate= 27 April 2016}}</ref> As a pioneer of Profit with Purpose business,<ref>{{Cite web|date=2018-10-02|title=Andy Kuper|url=https://live.worldbank.org/experts/andy-kuper|access-date=2021-09-02|website=World Bank Live|language=en}}</ref> Kuper has been credited with the birth of a virtuous new asset class.<ref>{{Cite news|date=2011-09-10|title=Happy returns|newspaper=The Economist|url=https://www.economist.com/finance-and-economics/2011/09/10/happy-returns|access-date=2021-09-02|issn=0013-0613}}</ref> He is the founder and CEO of [[LeapFrog Investments]], a specialist investor in emerging markets, investing in financial services and healthcare.<ref name=entre>{{cite web|url = http://www.dynamicbusiness.com.au/entrepreneur-profile/entrepreneur-of-the-year-nominees-revealed-16052012.html| author = Jessica Pothering| title= This investment firm is insuring families' rise out of poverty| date= 30 December 2014| publisher=Entrepreneur| accessdate= 27 April 2016}}</ref>
'''Andrew Kuper''' {{post-nominals|country=AUS|AO}} is a South African-Australian [[serial entrepreneur]] and investor in emerging markets.<ref name=sydney>{{cite web| url= http://www.smh.com.au/small-business/entrepreneur/raising-capital-improving-prospects-20120902-2590o.html| author= Max Mason| title= Raising capital, improving prospects| date= 1 September 2012| work= The Sydney Morning Herald| accessdate= 27 April 2016| archive-date= 5 June 2024| archive-url= https://web.archive.org/web/20240605000338/https://www.smh.com.au/business/small-business/raising-capital-improving-prospects-20120903-2590o.html| url-status= live}}</ref> As a pioneer of Profit with Purpose business,<ref>{{Cite web|date=2018-10-02|title=Andy Kuper|url=https://live.worldbank.org/experts/andy-kuper|access-date=2021-09-02|website=World Bank Live|language=en|archive-date=21 June 2021|archive-url=https://web.archive.org/web/20210621060242/https://live.worldbank.org/experts/andy-kuper|url-status=live}}</ref> Kuper has been credited with the birth of a virtuous new asset class.<ref>{{Cite news|date=2011-09-10|title=Happy returns|newspaper=The Economist|url=https://www.economist.com/finance-and-economics/2011/09/10/happy-returns|access-date=2021-09-02|issn=0013-0613|archive-date=2 September 2021|archive-url=https://web.archive.org/web/20210902050737/https://www.economist.com/finance-and-economics/2011/09/10/happy-returns|url-status=live}}</ref> He is the founder and CEO of [[LeapFrog Investments]], a specialist investor in emerging markets, investing in financial services and healthcare.<ref name=entre>{{cite web| url= http://www.dynamicbusiness.com.au/entrepreneur-profile/entrepreneur-of-the-year-nominees-revealed-16052012.html| author= Jessica Pothering| title= This investment firm is insuring families' rise out of poverty| date= 30 December 2014| publisher= Entrepreneur| accessdate= 27 April 2016| archive-date= 8 August 2016| archive-url= https://web.archive.org/web/20160808044940/http://www.dynamicbusiness.com.au/entrepreneur-profile/entrepreneur-of-the-year-nominees-revealed-16052012.html| url-status= live}}</ref>


Former United States President [[Bill Clinton]] announced the launch of the company in 2008, recognising it for opening new frontiers in alternative investing.<ref name="ij">{{cite web|url = http://www.insurancejournal.com/news/national/2008/09/28/94121.htm| title= President Clinton spotlights LeapFrog, first microinsurance firm| date = 28 September 2008| work=Insurance Journal|accessdate= 27 April 2016}}</ref> LeapFrog has since attracted more than US$2 billion from global investors.<ref>{{Cite web|last=Szkutak|first=Rebecca|title=Investor LeapFrog Secures $500 Million Commitment From Temasek To Anchor Multiple Impact Funds|url=https://www.forbes.com/sites/rebeccaszkutak/2021/03/09/investor-leapfrog-secures-500-million-commitment-from-temasek-to-anchor-multiple-impact-funds/|access-date=2021-09-02|website=Forbes|language=en}}</ref> In 2017, Fortune ranked LeapFrog Investments as one of the top 5 Companies to Change the World, alongside Apple and Novartis.<ref>{{Cite web|url=http://fortune.com/change-the-world/2017/|title=How These 50 Innovative Companies Are Changing the World for Good|website=Fortune|language=en-US|access-date=2018-08-29}}</ref> Originally from South Africa, Kuper now resides in [[Sydney]], [[Australia]]<ref name="sydney2">{{cite web|url = http://www.smh.com.au/business/banking-and-finance/leapfrog-investments-snags-500m-from-prudential-for-fintech-in-africa-20160121-gmbkx0| author = Sally Rose| title= LeapFrog Investments snags $500m from Prudential for fintech in Africa | date= 24 January 2016| work=The Sydney Morning Herald| accessdate= 27 April 2016}}</ref> and spends time in LeapFrog's offices in Europe, Africa and Asia.
Former United States President [[Bill Clinton]] announced the launch of the company in 2008, recognising it for opening new frontiers in alternative investing.<ref name="ij">{{cite web|url = http://www.insurancejournal.com/news/national/2008/09/28/94121.htm|title = President Clinton spotlights LeapFrog, first microinsurance firm|date = 28 September 2008|work = Insurance Journal|accessdate = 27 April 2016|archive-date = 13 May 2016|archive-url = https://web.archive.org/web/20160513123903/http://www.insurancejournal.com/news/national/2008/09/28/94121.htm|url-status = live}}</ref> LeapFrog has since attracted more than US$2 billion from global investors.<ref>{{Cite web|last=Szkutak|first=Rebecca|title=Investor LeapFrog Secures $500 Million Commitment From Temasek To Anchor Multiple Impact Funds|url=https://www.forbes.com/sites/rebeccaszkutak/2021/03/09/investor-leapfrog-secures-500-million-commitment-from-temasek-to-anchor-multiple-impact-funds/|access-date=2021-09-02|website=Forbes|language=en|archive-date=11 June 2021|archive-url=https://web.archive.org/web/20210611045238/https://www.forbes.com/sites/rebeccaszkutak/2021/03/09/investor-leapfrog-secures-500-million-commitment-from-temasek-to-anchor-multiple-impact-funds/|url-status=live}}</ref> In 2017, Fortune ranked LeapFrog Investments as one of the top 5 Companies to Change the World, alongside Apple and Novartis.<ref>{{Cite web|url=http://fortune.com/change-the-world/2017/|title=How These 50 Innovative Companies Are Changing the World for Good|website=Fortune|language=en-US|access-date=2018-08-29|archive-date=29 August 2018|archive-url=https://web.archive.org/web/20180829192254/http://fortune.com/change-the-world/2017/|url-status=live}}</ref> Originally from South Africa, Kuper now resides in [[Sydney]], [[Australia]]<ref name="sydney2">{{cite web| url= http://www.smh.com.au/business/banking-and-finance/leapfrog-investments-snags-500m-from-prudential-for-fintech-in-africa-20160121-gmbkx0| author= Sally Rose| title= LeapFrog Investments snags $500m from Prudential for fintech in Africa| date= 24 January 2016| work= The Sydney Morning Herald| accessdate= 27 April 2016| archive-date= 5 August 2016| archive-url= https://web.archive.org/web/20160805015601/http://www.smh.com.au/business/banking-and-finance/leapfrog-investments-snags-500m-from-prudential-for-fintech-in-africa-20160121-gmbkx0| url-status= live}}</ref> and spends time in LeapFrog's offices in Europe, Africa and Asia.


==Early life==
==Early life==
Kuper was born in South Africa and brought up on a farm outside of Johannesburg. He is the son of anti-apartheid campaigners.<ref name=BBC17>{{cite web| url=https://www.bbc.com/news/business-38650096 | title=Why Bill Clinton helped a 33-year-old build a $1bn firm| author=Will Smale| date= 23 January 2017| publisher=CNN| access-date=16 February 2017}}</ref> He began investing at the age of 10 and took on his first clients at age 13.<ref>{{Cite web|url=https://www.smh.com.au/business/small-business/raising-capital-improving-prospects-20120903-2590o.html|title=Raising capital, improving prospects|last=Mason|first=Max|date=2012-08-31|website=The Sydney Morning Herald|language=en|access-date=2018-08-29}}</ref> He attended the [[University of Witwatersrand]] in [[Johannesburg]]<ref name="afr">{{cite web|url = http://www.afr.com/business/insurance/leapfrog-closes-second-fund-at-432m-20140909-jepxd| author = Sally Rose| title= LeapFrog closes second fund at $432m| date= 9 September 2014| publisher=The Australian Financial Review | accessdate= 27 April 2016}}</ref> followed by Harvard University where he won the Henry [[Henry Fellowship|Fellowship]]. He later graduated from [[University of Cambridge|Cambridge University]] with a PhD in [[social science]] and [[political science]] supervised by [[List of Nobel laureates|Nobel laureate]] [[Amartya Sen]].<ref name=sydney/><ref name=fm>{{cite web|url = http://www.financialmail.co.za/features/2013/10/24/leapfrog-investments-raises-second-fund| title= Leapfrog Investments raises second fund| date= 24 October 2013| work=Financial Mail| accessdate= 27 April 2016}}</ref>
Kuper was born in South Africa and brought up on a farm outside of Johannesburg. He is the son of anti-apartheid campaigners.<ref name=BBC17>{{cite web| url=https://www.bbc.com/news/business-38650096| title=Why Bill Clinton helped a 33-year-old build a $1bn firm| author=Will Smale| date=23 January 2017| publisher=CNN| access-date=16 February 2017| archive-date=17 February 2017| archive-url=https://web.archive.org/web/20170217163830/http://www.bbc.com/news/business-38650096| url-status=live}}</ref> He began investing at the age of 10 and took on his first clients at age 13.<ref>{{Cite web|url=https://www.smh.com.au/business/small-business/raising-capital-improving-prospects-20120903-2590o.html|title=Raising capital, improving prospects|last=Mason|first=Max|date=2012-08-31|website=The Sydney Morning Herald|language=en|access-date=2018-08-29|archive-date=22 June 2018|archive-url=https://web.archive.org/web/20180622193237/https://www.smh.com.au/business/small-business/raising-capital-improving-prospects-20120903-2590o.html|url-status=live}}</ref> He attended the [[University of Witwatersrand]] in [[Johannesburg]]<ref name="afr">{{cite web| url= http://www.afr.com/business/insurance/leapfrog-closes-second-fund-at-432m-20140909-jepxd| author= Sally Rose| title= LeapFrog closes second fund at $432m| date= 9 September 2014| publisher= The Australian Financial Review| accessdate= 27 April 2016| archive-date= 13 May 2016| archive-url= https://web.archive.org/web/20160513205031/http://www.afr.com/business/insurance/leapfrog-closes-second-fund-at-432m-20140909-jepxd| url-status= live}}</ref> followed by Harvard University where he won the Henry [[Henry Fellowship|Fellowship]]. He later graduated from [[University of Cambridge|Cambridge University]] with a PhD in [[social science]] and [[political science]] supervised by [[List of Nobel laureates|Nobel laureate]] [[Amartya Sen]].<ref name=sydney/><ref name=fm>{{cite web| url= http://www.financialmail.co.za/features/2013/10/24/leapfrog-investments-raises-second-fund| title= Leapfrog Investments raises second fund| date= 24 October 2013| work= Financial Mail| accessdate= 27 April 2016| archive-date= 31 May 2016| archive-url= https://web.archive.org/web/20160531010240/http://www.financialmail.co.za/features/2013/10/24/leapfrog-investments-raises-second-fund| url-status= live}}</ref>


== Career ==
== Career ==


=== Early career ===
=== Early career ===
In 2004, Kuper was appointed to managing director at Ashoka, an organisation that finances thousands of social entrepreneurs.<ref>{{cite web|url=http://www.intelligenthq.com/social-business-2/intelligenthq-series-on-social-entrepreneurship-foundations-part-2-2/|publisher=intelligent HQ|first=Paula |last=Newton |title=Foundation: Ashoka: Innovators For The Public|date=9 February 2014|accessdate=27 April 2016}}</ref> Among other roles, he ran the Global Academy for Social Entrepreneurship, working with [[Muhammad Yunus]] of [[Grameen Bank]] and [[Fazle Hasan Abed|Fazle Abed]] of [[BRAC (NGO)|BRAC]].<ref name=fast>{{cite web|url = http://www.fastcompany.com/1475816/microinsurance-new-microcredit| author = Alice Korngold| title= Microinsurance: The new microcredit | date= 2 December 2009| work=Fast Company| accessdate= 27 April 2016}}</ref><ref name=mc>{{cite web|url = http://www.financialmail.co.za/features/2013/10/24/leapfrog-investments-raises-second-fund|author = Stefanie Rubin| title= Meet the boss: Interview with Andrew Kuper, president and founder of LeapFrog Investments Ltd.| date= 13 November 2009| publisher=MicroCapital| accessdate= 27 April 2016}}</ref>
In 2004, Kuper was appointed to managing director at Ashoka, an organisation that finances thousands of social entrepreneurs.<ref>{{cite web|url=http://www.intelligenthq.com/social-business-2/intelligenthq-series-on-social-entrepreneurship-foundations-part-2-2/|publisher=intelligent HQ|first=Paula|last=Newton|title=Foundation: Ashoka: Innovators For The Public|date=9 February 2014|accessdate=27 April 2016|archive-date=9 May 2016|archive-url=https://web.archive.org/web/20160509215745/http://www.intelligenthq.com/social-business-2/intelligenthq-series-on-social-entrepreneurship-foundations-part-2-2/|url-status=live}}</ref> Among other roles, he ran the Global Academy for Social Entrepreneurship, working with [[Muhammad Yunus]] of [[Grameen Bank]] and [[Fazle Hasan Abed|Fazle Abed]] of [[BRAC (NGO)|BRAC]].<ref name=fast>{{cite web| url= http://www.fastcompany.com/1475816/microinsurance-new-microcredit| author= Alice Korngold| title= Microinsurance: The new microcredit| date= 2 December 2009| work= Fast Company| accessdate= 27 April 2016| archive-date= 5 August 2016| archive-url= https://web.archive.org/web/20160805044526/http://www.fastcompany.com/1475816/microinsurance-new-microcredit| url-status= live}}</ref><ref name=mc>{{cite web|url = http://www.financialmail.co.za/features/2013/10/24/leapfrog-investments-raises-second-fund|author = Stefanie Rubin|title = Meet the boss: Interview with Andrew Kuper, president and founder of LeapFrog Investments Ltd.|date = 13 November 2009|publisher = MicroCapital|accessdate = 27 April 2016|archive-date = 31 May 2016|archive-url = https://web.archive.org/web/20160531010240/http://www.financialmail.co.za/features/2013/10/24/leapfrog-investments-raises-second-fund|url-status = live}}</ref>


=== Founding LeapFrog Investments ===
=== Founding LeapFrog Investments ===
In 2007, Kuper founded [[LeapFrog Investments]]. Using a distinctive 'profit with a purpose' approach, LeapFrog invests in companies that provide access to financial services, healthcare and climate solutions to underserved people in [[emerging markets]].<ref name="BBC17" /><ref name="sydney" /><ref name="forbes">{{cite web|url = https://www.forbes.com/sites/devinthorpe/2013/07/11/can-impact-investors-actually-make-money/| author = Devin Thorpe| title= Can Impact Investors Actually Make Money?| date= 11 July 2013| work=Forbes|accessdate=27 April 2016}}</ref><ref name="ft">{{cite web|url = http://www.ft.com/fastft/2016/01/21/us-insurer-prudential-financial-makes-african-bet/| title= US insurer Prudential Financial makes African bet| date= 21 January 2016| work=Financial Times| accessdate= 27 April 2016}}</ref> Since its establishment, as chief executive, Kuper has helped attract over $2 billion from global investors including [[Temasek Holdings|Temasek]],<ref>{{Cite web|last=Flood|first=Chris|date=2021-03-09|title=Temasek commits $500m to impact investing specialist LeapFrog|url=https://www.ft.com/content/c77d10f5-8f09-4ff3-8b48-8f521ea00dec|access-date=2021-06-11|website=www.ft.com|language=en-GB}}</ref> AIA,<ref>{{Cite web |last=Flood |first=Chris |date=June 6, 2023 |title=Hong Kong insurer AIA invests $200mn into impact funds |url=https://www.ft.com/content/b5dc6f0e-9484-4ebc-b027-e80cc1c9c712 }}</ref> [[American International Group]] Inc. (AIG), [[Swiss Re]] AG, [[AXA]] SA and [[Prudential Financial]].<ref name="bb">{{cite web|url = https://www.bloomberg.com/news/articles/2014-10-31/insurers-drawn-by-african-dawn-for-cover-says-leapfrog| author = Renee Bonorchis| title= Insurers drawn by African dawn for cover, says LeapFrog| date= 31 October 2014| publisher=Bloomberg Business| accessdate= 27 April 2016}}</ref><ref>{{cite web|url=https://www.wsj.com/articles/prudential-financial-to-invest-350-million-in-african-insurers-1453469558|title=Prudential Financial to Invest $350&nbsp;Million in African Insurers|work=The Wall Street Journal|first=Simon |last=Clark |date=22 January 2016 |accessdate=27 April 2016}}</ref> The companies in which the firm has invested have had an annual growth rate of more than 24% and reach 492 million people in 30 countries.
In 2007, Kuper founded [[LeapFrog Investments]]. Using a distinctive 'profit with a purpose' approach, LeapFrog invests in companies that provide access to financial services, healthcare and climate solutions to underserved people in [[emerging markets]].<ref name="BBC17" /><ref name="sydney" /><ref name="forbes">{{cite web| url= https://www.forbes.com/sites/devinthorpe/2013/07/11/can-impact-investors-actually-make-money/| author= Devin Thorpe| title= Can Impact Investors Actually Make Money?| date= 11 July 2013| work= Forbes| accessdate= 27 April 2016| archive-date= 1 June 2016| archive-url= https://web.archive.org/web/20160601200903/http://www.forbes.com/sites/devinthorpe/2013/07/11/can-impact-investors-actually-make-money/| url-status= live}}</ref><ref name="ft">{{cite web| url= http://www.ft.com/fastft/2016/01/21/us-insurer-prudential-financial-makes-african-bet/| title= US insurer Prudential Financial makes African bet| date= 21 January 2016| work= Financial Times| accessdate= 27 April 2016| archive-date= 29 March 2016| archive-url= https://web.archive.org/web/20160329184801/http://www.ft.com/fastft/2016/01/21/us-insurer-prudential-financial-makes-african-bet/| url-status= live}}</ref> Since its establishment, as chief executive, Kuper has helped attract over $2 billion from global investors including [[Temasek Holdings|Temasek]],<ref>{{Cite web|last=Flood|first=Chris|date=2021-03-09|title=Temasek commits $500m to impact investing specialist LeapFrog|url=https://www.ft.com/content/c77d10f5-8f09-4ff3-8b48-8f521ea00dec|access-date=2021-06-11|website=www.ft.com|language=en-GB|archive-date=11 June 2021|archive-url=https://web.archive.org/web/20210611045229/https://www.ft.com/content/c77d10f5-8f09-4ff3-8b48-8f521ea00dec|url-status=live}}</ref> AIA,<ref>{{Cite web |last=Flood |first=Chris |date=June 6, 2023 |title=Hong Kong insurer AIA invests $200mn into impact funds |url=https://www.ft.com/content/b5dc6f0e-9484-4ebc-b027-e80cc1c9c712 |access-date=21 February 2024 |archive-date=13 February 2024 |archive-url=https://web.archive.org/web/20240213202922/https://www.ft.com/content/b5dc6f0e-9484-4ebc-b027-e80cc1c9c712 |url-status=live }}</ref> [[American International Group]] Inc. (AIG), [[Swiss Re]] AG, [[AXA]] SA and [[Prudential Financial]].<ref name="bb">{{cite web| url= https://www.bloomberg.com/news/articles/2014-10-31/insurers-drawn-by-african-dawn-for-cover-says-leapfrog| author= Renee Bonorchis| title= Insurers drawn by African dawn for cover, says LeapFrog| date= 31 October 2014| publisher= Bloomberg Business| accessdate= 27 April 2016| archive-date= 28 April 2016| archive-url= https://web.archive.org/web/20160428021155/http://www.bloomberg.com/news/articles/2014-10-31/insurers-drawn-by-african-dawn-for-cover-says-leapfrog| url-status= live}}</ref><ref>{{cite web|url=https://www.wsj.com/articles/prudential-financial-to-invest-350-million-in-african-insurers-1453469558|title=Prudential Financial to Invest $350&nbsp;Million in African Insurers|work=The Wall Street Journal|first=Simon|last=Clark|date=22 January 2016|accessdate=27 April 2016|archive-date=26 April 2016|archive-url=https://web.archive.org/web/20160426000025/http://www.wsj.com/articles/prudential-financial-to-invest-350-million-in-african-insurers-1453469558|url-status=live}}</ref> The companies in which the firm has invested have had an annual growth rate of more than 24% and reach 492 million people in 30 countries.


LeapFrog launched its Climate Investing Strategy in 2022,<ref>{{Cite web |date=2022-09-19 |title=LeapFrog Launches Climate Investment Strategy |url=https://leapfroginvest.com/press-release/leapfrog-launches-climate-investment-strategy-appoints-new-partner/ |access-date=2024-02-21 |website=LeapFrog Investments |language=en-US}}</ref> marking a natural extension of the firm’s journey as a pioneer of impact investing, backing companies that deliver essential services and products that enable lower-income consumers to build better lives.
LeapFrog launched its Climate Investing Strategy in 2022,<ref>{{Cite web |date=2022-09-19 |title=LeapFrog Launches Climate Investment Strategy |url=https://leapfroginvest.com/press-release/leapfrog-launches-climate-investment-strategy-appoints-new-partner/ |access-date=2024-02-21 |website=LeapFrog Investments |language=en-US |archive-date=21 February 2024 |archive-url=https://web.archive.org/web/20240221031900/https://leapfroginvest.com/press-release/leapfrog-launches-climate-investment-strategy-appoints-new-partner/ |url-status=live }}</ref> marking a natural extension of the firm’s journey as a pioneer of impact investing, backing companies that deliver essential services and products that enable lower-income consumers to build better lives.


=== Awards ===
=== Awards ===
In 2018, Kuper was awarded the John S. Bickley Founders Award Gold Medal for Excellence by the International Insurance Society recognised for his pioneering work in profit with purpose investment.<ref>{{Cite web|url=https://www.internationalinsurance.org/node/68|title=Andrew Kuper Named the 2018 Founder's Award Recipient {{!}} International Insurance Society|website=www.internationalinsurance.org|language=en|access-date=2018-08-29}}</ref> Earlier in his career, Kuper received the [[Ernst & Young Entrepreneur of the Year Award]].<ref name="dynamic">{{cite web|url = http://www.dynamicbusiness.com.au/entrepreneur-profile/entrepreneur-of-the-year-nominees-revealed-16052012.html| author = Lorna Brett| title= Entrepreneur of the year nominees revealed| date= 16 May 2015| publisher=Dynamic Business| accessdate= 27 April 2016}}</ref> He was also named a Young Global Leader by the [[World Economic Forum]],<ref>{{cite web|url=http://venturesafrica.com/world-economic-forum-selects-21-africans-amongst-young-global-leaders-2013/|title=World Economic Forum Lists 21 Africans Amongst Young Global Leaders 2013|publisher=Ventures Africa|first=Douglas |last=Imaralu|date=13 March 2013 |accessdate=27 April 2016}}</ref> and received the Young Presidents' Organization's Social Engagement Network Award. Kuper has delivered keynote addresses to the Clinton Global Initiative, Geneva Association CEO Meetings, the IFC/Emerging Markets Private Equity Association (EMPEA) summits, and the EY World Entrepreneur of the Year event.<ref name="forbes" /> He is a board member of GPCA.<ref>{{Cite news |last=Global Private Capital Association |date=2022-07-01 |title=Board of Directors - GPCA |language=en-US |work=GPCA |url=https://www.globalprivatecapital.org/board-and-team/ |access-date=2022-07-01}}</ref>
In 2018, Kuper was awarded the John S. Bickley Founders Award Gold Medal for Excellence by the International Insurance Society recognised for his pioneering work in profit with purpose investment.<ref>{{Cite web|url=https://www.internationalinsurance.org/node/68|title=Andrew Kuper Named the 2018 Founder's Award Recipient {{!}} International Insurance Society|website=www.internationalinsurance.org|language=en|access-date=2018-08-29|archive-date=29 August 2018|archive-url=https://web.archive.org/web/20180829175405/https://www.internationalinsurance.org/node/68|url-status=live}}</ref> Earlier in his career, Kuper received the [[Ernst & Young Entrepreneur of the Year Award]].<ref name="dynamic">{{cite web| url= http://www.dynamicbusiness.com.au/entrepreneur-profile/entrepreneur-of-the-year-nominees-revealed-16052012.html| author= Lorna Brett| title= Entrepreneur of the year nominees revealed| date= 16 May 2015| publisher= Dynamic Business| accessdate= 27 April 2016| archive-date= 8 August 2016| archive-url= https://web.archive.org/web/20160808044940/http://www.dynamicbusiness.com.au/entrepreneur-profile/entrepreneur-of-the-year-nominees-revealed-16052012.html| url-status= live}}</ref> He was also named a Young Global Leader by the [[World Economic Forum]],<ref>{{cite web|url=http://venturesafrica.com/world-economic-forum-selects-21-africans-amongst-young-global-leaders-2013/|title=World Economic Forum Lists 21 Africans Amongst Young Global Leaders 2013|publisher=Ventures Africa|first=Douglas|last=Imaralu|date=13 March 2013|accessdate=27 April 2016|archive-date=23 September 2016|archive-url=https://web.archive.org/web/20160923145821/http://venturesafrica.com/world-economic-forum-selects-21-africans-amongst-young-global-leaders-2013/|url-status=live}}</ref> and received the Young Presidents' Organization's Social Engagement Network Award. Kuper has delivered keynote addresses to the Clinton Global Initiative, Geneva Association CEO Meetings, the IFC/Emerging Markets Private Equity Association (EMPEA) summits, and the EY World Entrepreneur of the Year event.<ref name="forbes" /> He is a board member of GPCA.<ref>{{Cite news |last=Global Private Capital Association |date=2022-07-01 |title=Board of Directors - GPCA |language=en-US |work=GPCA |url=https://www.globalprivatecapital.org/board-and-team/ |access-date=2022-07-01 |archive-date=2 June 2022 |archive-url=https://web.archive.org/web/20220602221857/https://www.globalprivatecapital.org/board-and-team/ |url-status=live }}</ref>


In 2022, Kuper was appointed [[Officer of the Order of Australia]] in the [[2022 Queen's Birthday Honours (Australia)|2022 Queen's Birthday Honours]] for "distinguished service to the impact investing industry, to global business leadership, and to financial inclusion".<ref name="SMH QB2022">{{cite news |title=Queen's Birthday 2022 Honours - the full list |url=https://www.smh.com.au/national/queen-s-birthday-2022-honours-the-full-list-20220609-p5askg.html |access-date=12 June 2022 |work=Sydney Morning Herald |agency=Nine Entertainment Co. |date=12 June 2022}}</ref>
In 2022, Kuper was appointed [[Officer of the Order of Australia]] in the [[2022 Queen's Birthday Honours (Australia)|2022 Queen's Birthday Honours]] for "distinguished service to the impact investing industry, to global business leadership, and to financial inclusion".<ref name="SMH QB2022">{{cite news |title=Queen's Birthday 2022 Honours - the full list |url=https://www.smh.com.au/national/queen-s-birthday-2022-honours-the-full-list-20220609-p5askg.html |access-date=12 June 2022 |work=Sydney Morning Herald |agency=Nine Entertainment Co. |date=12 June 2022 |archive-date=5 October 2022 |archive-url=https://web.archive.org/web/20221005223153/https://www.smh.com.au/national/queen-s-birthday-2022-honours-the-full-list-20220609-p5askg.html |url-status=live }}</ref>


Kuper is the editor and lead author of one book on governance and globalisation, ''Global Responsibilities'' (Routledge, 2005) and the author of another, ''Democracy Beyond Borders'' (Oxford, 2004).<ref>{{Cite book |last=Kuper |first=Andrew |url=https://academic.oup.com/book/8488 |title=Democracy Beyond Borders: Justice and Representation in Global Institutions |date=2004-09-09 |publisher=Oxford University PressOxford |isbn=978-0-19-927490-1 |edition=1 |language=en |doi=10.1093/0199274908.001.0001}}</ref>
Kuper is the editor and lead author of one book on governance and globalisation, ''Global Responsibilities'' (Routledge, 2005) and the author of another, ''Democracy Beyond Borders'' (Oxford, 2004).<ref>{{Cite book |last=Kuper |first=Andrew |url=https://academic.oup.com/book/8488 |title=Democracy Beyond Borders: Justice and Representation in Global Institutions |date=2004-09-09 |publisher=Oxford University PressOxford |isbn=978-0-19-927490-1 |edition=1 |language=en |doi=10.1093/0199274908.001.0001 |access-date=23 April 2023 |archive-date=23 April 2023 |archive-url=https://web.archive.org/web/20230423232428/https://academic.oup.com/book/8488 |url-status=live }}</ref>


==Bibliography==
==Bibliography==

Revision as of 00:04, 5 June 2024

Andrew Kuper
AO
LeapFrog Founder and CEO Andrew Kuper
Born
South Africa
NationalitySouth African, Australian
Alma materHarvard University
Witwatersrand University
University of Cambridge (PhD)
Occupation(s)Entrepreneur, businessman, investor and author
Known forCEO, founder, LeapFrog Investments[1]

Andrew Kuper AO is a South African-Australian serial entrepreneur and investor in emerging markets.[2] As a pioneer of Profit with Purpose business,[3] Kuper has been credited with the birth of a virtuous new asset class.[4] He is the founder and CEO of LeapFrog Investments, a specialist investor in emerging markets, investing in financial services and healthcare.[5]

Former United States President Bill Clinton announced the launch of the company in 2008, recognising it for opening new frontiers in alternative investing.[6] LeapFrog has since attracted more than US$2 billion from global investors.[7] In 2017, Fortune ranked LeapFrog Investments as one of the top 5 Companies to Change the World, alongside Apple and Novartis.[8] Originally from South Africa, Kuper now resides in Sydney, Australia[9] and spends time in LeapFrog's offices in Europe, Africa and Asia.

Early life

Kuper was born in South Africa and brought up on a farm outside of Johannesburg. He is the son of anti-apartheid campaigners.[10] He began investing at the age of 10 and took on his first clients at age 13.[11] He attended the University of Witwatersrand in Johannesburg[12] followed by Harvard University where he won the Henry Fellowship. He later graduated from Cambridge University with a PhD in social science and political science supervised by Nobel laureate Amartya Sen.[2][13]

Career

Early career

In 2004, Kuper was appointed to managing director at Ashoka, an organisation that finances thousands of social entrepreneurs.[14] Among other roles, he ran the Global Academy for Social Entrepreneurship, working with Muhammad Yunus of Grameen Bank and Fazle Abed of BRAC.[15][16]

Founding LeapFrog Investments

In 2007, Kuper founded LeapFrog Investments. Using a distinctive 'profit with a purpose' approach, LeapFrog invests in companies that provide access to financial services, healthcare and climate solutions to underserved people in emerging markets.[10][2][17][18] Since its establishment, as chief executive, Kuper has helped attract over $2 billion from global investors including Temasek,[19] AIA,[20] American International Group Inc. (AIG), Swiss Re AG, AXA SA and Prudential Financial.[21][22] The companies in which the firm has invested have had an annual growth rate of more than 24% and reach 492 million people in 30 countries.

LeapFrog launched its Climate Investing Strategy in 2022,[23] marking a natural extension of the firm’s journey as a pioneer of impact investing, backing companies that deliver essential services and products that enable lower-income consumers to build better lives.

Awards

In 2018, Kuper was awarded the John S. Bickley Founders Award Gold Medal for Excellence by the International Insurance Society recognised for his pioneering work in profit with purpose investment.[24] Earlier in his career, Kuper received the Ernst & Young Entrepreneur of the Year Award.[25] He was also named a Young Global Leader by the World Economic Forum,[26] and received the Young Presidents' Organization's Social Engagement Network Award. Kuper has delivered keynote addresses to the Clinton Global Initiative, Geneva Association CEO Meetings, the IFC/Emerging Markets Private Equity Association (EMPEA) summits, and the EY World Entrepreneur of the Year event.[17] He is a board member of GPCA.[27]

In 2022, Kuper was appointed Officer of the Order of Australia in the 2022 Queen's Birthday Honours for "distinguished service to the impact investing industry, to global business leadership, and to financial inclusion".[28]

Kuper is the editor and lead author of one book on governance and globalisation, Global Responsibilities (Routledge, 2005) and the author of another, Democracy Beyond Borders (Oxford, 2004).[29]

Bibliography

  • Kuper, A. (2004). Democracy beyond borders: Justice and representation in global institutions. Oxford: Oxford University Press.
  • Kuper, A. (2005). Global responsibilities: Who must deliver on human rights? New York: Routledge.

References

  1. ^ Anna Lyudig (25 July 2013). "Taking a leap". AfricaAM Asset Management. Archived from the original on 20 December 2016. Retrieved 27 April 2016.
  2. ^ a b c Max Mason (1 September 2012). "Raising capital, improving prospects". The Sydney Morning Herald. Archived from the original on 5 June 2024. Retrieved 27 April 2016.
  3. ^ "Andy Kuper". World Bank Live. 2 October 2018. Archived from the original on 21 June 2021. Retrieved 2 September 2021.
  4. ^ "Happy returns". The Economist. 10 September 2011. ISSN 0013-0613. Archived from the original on 2 September 2021. Retrieved 2 September 2021.
  5. ^ Jessica Pothering (30 December 2014). "This investment firm is insuring families' rise out of poverty". Entrepreneur. Archived from the original on 8 August 2016. Retrieved 27 April 2016.
  6. ^ "President Clinton spotlights LeapFrog, first microinsurance firm". Insurance Journal. 28 September 2008. Archived from the original on 13 May 2016. Retrieved 27 April 2016.
  7. ^ Szkutak, Rebecca. "Investor LeapFrog Secures $500 Million Commitment From Temasek To Anchor Multiple Impact Funds". Forbes. Archived from the original on 11 June 2021. Retrieved 2 September 2021.
  8. ^ "How These 50 Innovative Companies Are Changing the World for Good". Fortune. Archived from the original on 29 August 2018. Retrieved 29 August 2018.
  9. ^ Sally Rose (24 January 2016). "LeapFrog Investments snags $500m from Prudential for fintech in Africa". The Sydney Morning Herald. Archived from the original on 5 August 2016. Retrieved 27 April 2016.
  10. ^ a b Will Smale (23 January 2017). "Why Bill Clinton helped a 33-year-old build a $1bn firm". CNN. Archived from the original on 17 February 2017. Retrieved 16 February 2017.
  11. ^ Mason, Max (31 August 2012). "Raising capital, improving prospects". The Sydney Morning Herald. Archived from the original on 22 June 2018. Retrieved 29 August 2018.
  12. ^ Sally Rose (9 September 2014). "LeapFrog closes second fund at $432m". The Australian Financial Review. Archived from the original on 13 May 2016. Retrieved 27 April 2016.
  13. ^ "Leapfrog Investments raises second fund". Financial Mail. 24 October 2013. Archived from the original on 31 May 2016. Retrieved 27 April 2016.
  14. ^ Newton, Paula (9 February 2014). "Foundation: Ashoka: Innovators For The Public". intelligent HQ. Archived from the original on 9 May 2016. Retrieved 27 April 2016.
  15. ^ Alice Korngold (2 December 2009). "Microinsurance: The new microcredit". Fast Company. Archived from the original on 5 August 2016. Retrieved 27 April 2016.
  16. ^ Stefanie Rubin (13 November 2009). "Meet the boss: Interview with Andrew Kuper, president and founder of LeapFrog Investments Ltd". MicroCapital. Archived from the original on 31 May 2016. Retrieved 27 April 2016.
  17. ^ a b Devin Thorpe (11 July 2013). "Can Impact Investors Actually Make Money?". Forbes. Archived from the original on 1 June 2016. Retrieved 27 April 2016.
  18. ^ "US insurer Prudential Financial makes African bet". Financial Times. 21 January 2016. Archived from the original on 29 March 2016. Retrieved 27 April 2016.
  19. ^ Flood, Chris (9 March 2021). "Temasek commits $500m to impact investing specialist LeapFrog". www.ft.com. Archived from the original on 11 June 2021. Retrieved 11 June 2021.
  20. ^ Flood, Chris (6 June 2023). "Hong Kong insurer AIA invests $200mn into impact funds". Archived from the original on 13 February 2024. Retrieved 21 February 2024.
  21. ^ Renee Bonorchis (31 October 2014). "Insurers drawn by African dawn for cover, says LeapFrog". Bloomberg Business. Archived from the original on 28 April 2016. Retrieved 27 April 2016.
  22. ^ Clark, Simon (22 January 2016). "Prudential Financial to Invest $350 Million in African Insurers". The Wall Street Journal. Archived from the original on 26 April 2016. Retrieved 27 April 2016.
  23. ^ "LeapFrog Launches Climate Investment Strategy". LeapFrog Investments. 19 September 2022. Archived from the original on 21 February 2024. Retrieved 21 February 2024.
  24. ^ "Andrew Kuper Named the 2018 Founder's Award Recipient | International Insurance Society". www.internationalinsurance.org. Archived from the original on 29 August 2018. Retrieved 29 August 2018.
  25. ^ Lorna Brett (16 May 2015). "Entrepreneur of the year nominees revealed". Dynamic Business. Archived from the original on 8 August 2016. Retrieved 27 April 2016.
  26. ^ Imaralu, Douglas (13 March 2013). "World Economic Forum Lists 21 Africans Amongst Young Global Leaders 2013". Ventures Africa. Archived from the original on 23 September 2016. Retrieved 27 April 2016.
  27. ^ Global Private Capital Association (1 July 2022). "Board of Directors - GPCA". GPCA. Archived from the original on 2 June 2022. Retrieved 1 July 2022.
  28. ^ "Queen's Birthday 2022 Honours - the full list". Sydney Morning Herald. Nine Entertainment Co. 12 June 2022. Archived from the original on 5 October 2022. Retrieved 12 June 2022.
  29. ^ Kuper, Andrew (9 September 2004). Democracy Beyond Borders: Justice and Representation in Global Institutions (1 ed.). Oxford University PressOxford. doi:10.1093/0199274908.001.0001. ISBN 978-0-19-927490-1. Archived from the original on 23 April 2023. Retrieved 23 April 2023.
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