Ares agrees funding partnership with Indonesia’s sovereign wealth fund.
Ares Management has partnered with Indonesia’s sovereign wealth fund to finance up to $500m (£387.6m) of investment opportunities annually that will benefit the country’s economy.
The alternative asset manager said that the Ares Asia Credit funds will foster these investments through “innovative financing mechanisms” such as hybrid capital solutions and securitisation.
The Indonesia Investment Authority (INA) and Ares will aim to deploy capital to achieve optimal risk-adjusted returns that leverage the investment expertise and networks of both organisations.
Ares is one of the largest credit-focused alternative investment managers in the APAC region, with $348.8bn in assets under management as of the end of 2024.
The Ares Asia Credit platform oversees $11.5bn of assets.
Source: Alternativecreditinvestor
