Indonesia's wealth fund INA looking to double down on private credit

April 2, 2024
Indonesia's wealth fund INA looking to double down on private credit

INA is looking to double down on its private lending business with Christopher S Ganis, the former head of Indonesia, APAC private credit at the world’s largest asset manager BlackRock, at its helm. While companies in developed markets can rely on the public market, companies in Indonesia unfortunately cannot. Hence, the need for a substantial alternative capital.