11th January, 2024
Indonesia’s sovereign wealth fund INA has won the support of the US$984 billion Abu Dhabi Investment Authority (ADIA) and Europe’s biggest public pension fund, the Netherlands’ US$546 billion APG, for toll road platform that is starting with the Trans Java Toll Road mega-project.
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14th November, 2023
The Abu Dhabi Investment Authority (ADIA) and Malaysia’s Employees Provident Fund have backed the MYR5.7 billion (US$1.2 billion) takeover of southeast Asian hospital operator Ramsay Sime Darby Healthcare by private equity firm TPG and Hong Leong Group.
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14th September, 2023
Indonesia’s sovereign wealth fund has won the backing of a Chinese state financial institution to boost Sino-Indonesian co-operation on infrastructure, energy and communications.
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27th February, 2023
The UAE sovereign-backed green energy group Masdar and Indonesia’s sovereign wealth fund the Indonesia Investment Authority (INA) were leading participants in the IPO of Pertamina Geothermal Energy (PGE), one of the world's biggest geothermal energy producers.
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9th December, 2022
The Indonesia Investment Authority’s (INA) push for a green energy transition has won the backing of the Danish government’s Investment Fund for Developing Countries (IFU) with the signing of an Investment Framework Agreement (IFA) for up to US$500 million in co-investments in renewable energy, water, waste management, and other circular opportunities.
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14th November, 2022
The Indonesia Investment Authority (INA) has teamed up with Chinese investors to boost the country’s EV value chain as Southeast Asia’s most populous country presses ahead with a green automotive revolution.
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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.
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23rd September, 2022
Over the past four years, sovereign investors have stumped up nearly US$2 billion in Indonesian startups, the majority funded by Singapore’s GIC and Temasek.
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6th July, 2022
Hearing about a government fund fundraise capital from other state-owned investors should not be longer a surprise. The “Russian model” (after RDIF) of establishing a public vehicle to catalyze foreign co-investors via partnerships was quickly followed by other European countries (Italy, France, Spain) and is now big in Asia (India, Indonesia).
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27th May, 2022
The Qatar Investment Authority (QIA) is in competition with its Abu Dhabi peers in headline-grabbing multi-billion bilateral memoranda of understanding. Global SWF assesses whether these agreements worth more than the paper they are written on – and if they are simply part of Middle Eastern states’ exertion of soft power.
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15th April, 2022
This week the Indonesia Investment Authority (known as INA) signed two agreements to invest US$ 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.
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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.
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