According to reporting from The Asset, Indonesia’s Investment Authority (INA), the country’s sovereign wealth fund, and DB Investment Partners (DBIP), a Deutsche Bank Group company and a global private capital investment firm, have teamed up via an investment framework agreement to catalyze growth and economic development in Indonesia.
This joint investment initiative will provide bespoke solutions to address needs across capital structures and strategic sectors in Indonesia or with an Indonesian nexus, says The Asset, adding that INA and DBIP will collaborate by leveraging each other’s market access and investment expertise to deploy at least USD 1 billion within the next five years.
Both organizations will also cooperate to support eligible projects in Indonesia through various knowledge and network sharing initiatives, highlighting a strong commitment to boosting Indonesia’s sustainable economic development.
The parties, they note, seek to invest together in innovative financial solutions within key sectors aligned with each party’s strategic mandate, ensuring that investments are tailored based on appropriate terms and structure to optimize risk-adjusted returns. The investment framework has been developed to cater to the complex and evolving capital needs within the market, says The Asset.
The INA says this landmark partnership underscores its dedication to fostering a collaborative environment with global investors to sustainably address the capital needs of the Indonesian economy.
CEO of INA, Ridha Wirakusumah says “as a subsidiary of Deutsche Bank, DBIP brings a wealth of experience and a broad network from their substantial operations in the global private market investment.” “This partnership enables us to leverage DBIP’s premier platform while we bring our local knowledge to the table, enhancing our joint investment strategy.
“This allows us to tailor investments that are not only strategic but also diverse, reflecting the dynamic needs of Indonesia’s growing economy. Each investment is carefully designed to create bespoke solutions that address needs across capital structures and strategic sectors in Indonesia.”
Source: The Asset
Stock image by Gerd Altmann from Pixabay
