Danantara deploys $1 billion private credit to Partners Group: Bloomberg
Indonesia’s state asset fund has marked one of its largest investments in the global private markets through a $1 billion private credit mandate to Partners Group, according to Bloomberg.
Indonesia's state asset fund, Danantara, has invested $1 billion in the private credit sector to Swiss global equity firm Partners Group, as reported by Bloomberg. This significant investment represents one of Danantara's largest ventures in the global private markets. The fund allocated $600 million to direct lending opportunities in Asia, particularly in Indonesia, and another $400 million as a discretionary tranche to be managed by Partners Group and coinvestors.
Danantara's chief investment officer, Pandu Patria Sjahrir, confirmed the investment, stating that it would yield good returns and facilitate knowledge transfer that would ultimately benefit Indonesians. The initiative aligns with Danantara's mandate to invest both domestically and globally, with the capital expected to be repatriated to the country. Partners Group declined to comment on the matter.
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