Andrew Kuper is a South African-Australian
serial entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
and investor in emerging markets.
As a pioneer of Profit with Purpose business, Kuper has been credited with the birth of a virtuous new asset class. He is the founder and CEO of
LeapFrog Investments
LeapFrog Investments is a private investment firm that invests in high-growth financial services and healthcare companies in emerging markets. Since inception, LeapFrog has attracted over $2 billion USD from global investors. The firm's investmen ...
, a specialist investor in emerging markets, investing in financial services and healthcare.
Former United States President
Bill Clinton
William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and agai ...
announced the launch of the company in 2008, recognising it for opening new frontiers in alternative investing.
LeapFrog has since attracted $2 billion USD from global investors. In 2017, Fortune ranked LeapFrog Investments as one of the top 5 Companies to Change the World, alongside Apple and Novartis. Originally from South Africa, Kuper now resides in
Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...
,
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
and spends time in LeapFrog's offices in Europe, Africa and Asia.
Career
Kuper was born in South Africa and brought up on a farm outside of Johannesburg. He is the son of anti-apartheid campaigners.
He began investing at the age of 10 and took on his first clients at age 13. He attended the
University of Witwatersrand in
Johannesburg 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
The Nobel Prizes ( sv, Nobelpriset, no, Nobelprisen) are awarded annually by the Royal Swedish Academy of Sciences, the Swedish Academy, the Karolinska Institutet, and the Norwegian Nobel Committee to individuals and organizations who make out ...
Amartya Sen.
In 2004, Kuper was appointed to managing director at Ashoka, an organisation that finances thousands of social entrepreneurs. Among other roles, he ran the Global Academy for Social Entrepreneurship, working with Muhammad Yunus of Grameen Bank
Grameen Bank ( bn, গ্রামীণ ব্যাংক) is a microfinance organisation and community development bank founded in Bangladesh. It makes small loans (known as microcredit or "grameencredit") to the impoverished without requi ...
and Fazle Abed of BRAC.
In 2007, Kuper founded LeapFrog Investments
LeapFrog Investments is a private investment firm that invests in high-growth financial services and healthcare companies in emerging markets. Since inception, LeapFrog has attracted over $2 billion USD from global investors. The firm's investmen ...
. Using a distinctive 'profit with a purpose' approach, LeapFrog invests in companies that provide access to financial services and healthcare to underserved people in emerging markets. Since its establishment, as chief executive, Kuper has helped attract over $2 billion from global investors including Temasek, American International Group Inc. (AIG), Swiss Re AG, AXA
Axa S.A. (styled as ''AXA'' or GIG in the Middle East) is a French multinational insurance company. The head office is in the 8th arrondissement of Paris, France. It also provides investment management and other financial services.
The Ax ...
SA and Prudential Financial
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers t ...
. The companies in which the firm has invested have had an annual growth rate of more than 24% and reach 451 million people in 30 countries.
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.
Earlier in his career, Kuper received the Ernst & Young Entrepreneur of the Year Award. He was also named a Young Global Leader by the World Economic Forum, 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. He is a board member of GPCA.
In 2022, Kuper was appointed Officer of the Order of Australia
The Order of Australia is an honour that recognises Australian citizens and other persons for outstanding achievement and service. It was established on 14 February 1975 by Elizabeth II, Queen of Australia, on the advice of the Australian Gove ...
in the 2022 Queen's Birthday Honours
The 2022 Queen's Birthday Honours are appointments by some of the 15 Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The Birthday Honours are awarded as pa ...
for "distinguished service to the impact investing industry, to global business leadership, and to financial inclusion".
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).
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
External links
LeapFrog Investments Official Site
{{DEFAULTSORT:Kuper, Andrew
Alumni of the University of Cambridge
Australian chief executives
Harvard University alumni
Living people
Microinsurance
Officers of the Order of Australia
University of the Witwatersrand alumni
Year of birth missing (living people)