The Los Angles-headquartered global investment firm has committed to invest up to $500 million annually in Indonesia via innovative financing mechanisms, including hybrid capital solutions and securitization.
The partnership with Indonesia Investment Authority, the country’s sovereign wealth fund, will focus on projects that can leverage both Ares and INA’s expertise to create sustainable and impactful outcomes for Indonesia, the largest economy in Southeast Asia per nominal GDP.
“This collaboration reflects a shared commitment to deploying capital effectively and creating innovative and sustainable solutions for Indonesia’s financial ecosystem,” said INA’s Ridha Wirakusumah. The fund’s mission is to attract direct foreign investment to catalyze Indonesia’s long-term sustainable economic growth.
Innovative finance
Ares’ Edwin Wong says the $349 billion investor has been investing in Indonesia for over two decades. Through its Asia Credit division, the firm manages $11.5 billion of assets in the Asia Pacific. “Alongside INA, we look forward to leverage our experience in private credit and securitization, bringing more innovative financing solutions to the Indonesian market that can help support sustainable economic growth,” he said.
