Indonesia Investment Authority and DB Investment Partners form $1bn partnership

The Indonesia Investment Authority (INA) and investment firm DB Investment Partners (DBIP) have formed a partnership, through an Investment Framework Agreement (IFA), to help Indonesia’s economic development. 

INA and DBIP will collaborate by leveraging each other’s market access and investment expertise to deploy at least $1 billion within the next five years.

This joint investment initiative is looking to address needs across capital structures and strategic sectors in Indonesia or with an Indonesian nexus, according to a statement. 

INA and DBIP will also cooperate to support eligible projects in Indonesia through knowledge and network sharing initiatives to help Indonesia’s sustainable economic development. Both parties are seeking to invest “in innovative financial solutions within key sectors”, according to a media statement. 

The investment framework has been developed to cater to the complex and evolving capital needs within the market.

Ridha Wirakusumah, chief executive of of INA, stated, “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.”

Wirakusumah added: “Through this collaboration, we seek to harness DBIP’s proven capabilities to meet the dynamic needs of Indonesia’s growing economy, and each investment is carefully designed to create bespoke solutions that address needs across capital structures and strategic sectors in Indonesia.”

Raheman Meghji, chief investment officer of DBIP, said: “The Indonesian economy has tremendous growth potential and we look forward to playing our part in the story going forward.”

DB Investment Partners (DBIP) is a Deutsche Bank Group company and a global private capital investment firm, which is independently authorised and regulated by the UK Financial Conduct Authority (FCA).

FinanceAsiia has reached out for more information about the partnership. 

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