29th September, 2022
Indonesia's sovereign wealth fund, the Indonesia Investment Authority (INA), has raised more than US$20 billion of co-investments from other parties, according to Reuters.
Subscriber Post
23rd September, 2022
Over the past four years, sovereign investors have stumped up nearly US$2 billion in Indonesian startups, the majority funded by Singapore’s GIC and Temasek.
Subscriber Post
6th July, 2022
Hearing about a government fund fundraise capital from other state-owned investors should not be longer a surprise. The “Russian model” (after RDIF) of establishing a public vehicle to catalyze foreign co-investors via partnerships was quickly followed by other European countries (Italy, France, Spain) and is now big in Asia (India, Indonesia).
Subscriber Post
27th May, 2022
The Qatar Investment Authority (QIA) is in competition with its Abu Dhabi peers in headline-grabbing multi-billion bilateral memoranda of understanding. Global SWF assesses whether these agreements worth more than the paper they are written on – and if they are simply part of Middle Eastern states’ exertion of soft power.
Subscriber Post
15th April, 2022
This week the Indonesia Investment Authority (known as INA) signed two agreements to invest US$ 2.7 billion in three parts of the Trans-Sumatra toll-road as well as in two parts of the Trans-Java toll-road. When finished, the former will cover 2,818 km across the Western island while the latter will be smaller at 1,167 km and will link the country’s (current) capital city, Jakarta. The total cost of both projects is estimated at over US$ 40 billion.
Subscriber Post
11th April, 2022
The market debut of Indonesia’s largest tech company GoTo is an undoubted success, particularly for its backers who include the Abu Dhabi Investment Authority (ADIA) as well as Singapore’s state-owned investors.
Subscriber Post
4th April, 2022
SoftBank’s decision to bail on Indonesia’s plans to build a new capital city in East Kalimantan has prompted the country’s sovereign wealth fund to turn to peers in the Middle East for investment in the US$32.5 billion gigaproject.
Subscriber Post
18th March, 2022
Sovereign funds are key investors in the digitalization of emerging market economies, with e-commerce becoming a prime target for venture capital sprees in recent years.
Subscriber Post
8th July, 2021
Southeast Asia’s digital infrastructure development has received backing from Abu Dhabi sovereign wealth fund ADIA with a US$500 million investment in EdgePoint Infrastructure.
Subscriber Post
11th June, 2021
In an unexpected move beyond core infrastructure, the Indonesia Investment Authority (INA) is set to strike a deal in digital infrastructure with plans for investment in tech unicorns.
Subscriber Post
21st May, 2021
An agreement for a US$3.75 billion infrastructure platform marks the first investment vehicle for the Indonesia Investment Authority (INA), backed by Abu Dhabi Investment Authority (ADIA), Caisse de dépôt et placement du Québec (CDPQ) and APG Financial. The consortium will invest in toll roads with assessments of opportunities over the next six months.
Subscriber Post
8th March, 2021
Canadian public pension fund Caisse de dépôt et placement du Québec (CDPQ) has partnered with Dubai’s DP World to back a container port and logistics park in East Java.
Subscriber Post