{
    "success": true,
    "data": {
        "id": 1683098,
        "msgid": "partnering-with-cic-and-sofaz-ina-targets-opportunities-through-new-investment-platform-1776397870",
        "date": "2026-04-17 10:19:03",
        "title": "Partnering with CIC and SOFAZ, INA Targets Opportunities through New Investment Platform",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Investment",
        "summary": "Indonesia Investment Authority (INA) has joined forces with China's China Investment Corporation (CIC) and Azerbaijan's State Oil Fund (SOFAZ) to launch the Galaxy Orientis China-ASEAN Investment Platform (CAIP) in Beijing, focusing on private equity opportunities in sectors like industry, healthcare, consumer goods, business services, and technology. The platform, which has achieved an initial close of around $520 million towards a $1 billion target, aims to drive long-term capital flows and foster closer industrial collaboration between China and ASEAN countries amid deepening trade integration and global supply chain shifts in Southeast Asia. This strategic move represents INA's first use of a funds-of-funds scheme in a thematic programme, facilitating global institutional investment into sustainable growth sectors in Indonesia and the region.",
        "content": "<p>This investment platform is specifically designed to capture various\nhigh-quality investment opportunities in order to promote long-term\ncapital flows.<\/p>\n<p>Three leading national wealth management institutions or sovereign\nwealth funds (SWFs) have officially entered into a strategic partnership\nby establishing an investment platform named Galaxy Orientis China-ASEAN\nInvestment Platform (CAIP) in Beijing, China, on Friday (17\/4\/2026). The\nthree institutions are the China Investment Corporation (CIC), Indonesia\nInvestment Authority (INA), and State Oil Fund of the Republic of\nAzerbaijan (SOFAZ).<\/p>\n<p>This private equity-focused investment platform has completed its\ninitial close at around $520 million, from a total target set at $1\nbillion.<\/p>\n<p>The presence of this platform is specifically designed to accelerate\nlong-term capital flows while facilitating closer industrial\ncollaboration between China and countries in the ASEAN region. The\nestablishment of CAIP is seen as seizing the right momentum amid the\ndeepening China-ASEAN trade integration and the acceleration of global\nsupply chain reconfiguration in Southeast Asia.<\/p>\n<p>The investment fund will target several sectors that support this\nstructural change, such as industry, healthcare, consumer, business\nservices, and technology.<\/p>\n<p>CIC Chairman and CEO Zhang Qingsong explained that the launch of this\nprogramme is based on the institution\u2019s confidence in the economic\ngrowth prospects in ASEAN and the high potential for cooperation that\ncan be explored in that corridor.<\/p>\n<p>\u201cThrough investments in high-quality companies targeting the ASEAN\nmarket, we hope this fund will not only provide solid financial returns\nbut also drive economic prosperity in the region, creating mutually\nbeneficial outcomes, both socially and economically,\u201d Zhang said in a\npress release received by Kompas on Friday.<\/p>\n<p>For Indonesia, participation in this initiative is seen as a\nstrategic step in building a dedicated investment vehicle in the\nChina-Southeast Asia economic corridor. INA\u2019s Interim Replacement\nChairman of the Board of Directors, Eddy Porwanto, said this step also\nrepresents INA\u2019s first investment using a funds-of-funds scheme in a\nthematic programme.<\/p>\n<p>\u201cThrough this platform, INA aims to facilitate long-term capital\nflows, along with expertise and global networks, by partnering with\nleading global institutional investors into sectors that support\nsustainable growth and long-term economic value creation in Indonesia,\u201d\nEddy said.<\/p>\n<p>The same sentiment was expressed by SOFAZ Chief Executive Officer\nIsrafil Mammadov, who views this sovereign fund partnership as important\nfor accessing one of the world\u2019s most dynamic economic corridors.<\/p>\n<p>\u201cBy combining collective expertise and long-term capital, we are\nbetter positioned to capitalise on the accelerating trade and supply\nchain integration between China and Southeast Asia, while contributing\nto further diversification of SOFAZ\u2019s investment portfolio,\u201d Mammadov\nsaid.<\/p>\n<p>In its operations, CAIP will be managed by CGS International\nSecurities Pte Ltd as the general partner. CGS International Chairman Wu\nPeng explained that they are ready to bring cross-regional knowledge and\nextensive networks to maximise the programme.<\/p>\n<p>\u201cWe thank CIC, INA, and SOFAZ for the trust given to us to help\nnavigate the complexities of this region while capturing its various\ngrowth opportunities,\u201d Wu said.<\/p>\n<p>The three national wealth management institutions have assets on a\nmassive scale. As of the end of 2024, CIC recorded total assets of up to\n$1.57 trillion. Meanwhile, SOFAZ has managed assets exceeding $70\nbillion. The launch of this investment cooperation has been formalised\nthrough a signing event held in Beijing, China, on 13 April.<\/p>\n<p>CIC is one of the world\u2019s largest sovereign wealth funds, established\nin 2007 and headquartered in Beijing, with the primary aim of\ndiversifying China\u2019s foreign exchange reserves. CIC operates\ninternationally with a professional and market-based approach, and is\ncommitted to prudent and responsible investments.<\/p>\n<p>The institution also places its capital in private equity and private\ncredit across sectors, and makes direct investments or through funds in\nvarious sectors, such as real estate, infrastructure, resources and\ncommodities, and agriculture, in addition to managing bilateral or\nmultilateral funds.<\/p>\n<p>Meanwhile, SOFAZ is Azerbaijan\u2019s sovereign wealth fund, established\nin 1999 and focused on managing the country\u2019s oil and gas revenues with\na commitment to protecting and enhancing wealth for future\ngenerations.<\/p>\n<p>In maximising the funds it manages, the institution applies a\ndiversified investment strategy by leveraging various global\nopportunities across sectors, which include fixed income instruments,\nequities, gold, real estate, and infrastructure.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/partnering-with-cic-and-sofaz-ina-targets-opportunities-through-new-investment-platform-1776397870",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}