Public Equity
Energy
Energy is a key component in driving Indonesia’s economy. We project that future increases in energy demand will be driven by industrial production, transportation and mobility, and commercial sectors like restaurants and malls. We fully support the push into renewable energy and seek to support viable projects in Indonesia
Infrastructure
We focus on energy, logistics, and digital infrastructure as critical enablers of Indonesia’s next growth phase. Lower logistics costs can boost competitiveness and attract FDI, while surging data traffic and widespread 4G/4.5G – with early 5G adoption for industry – are driving demand for resilient, high-capacity networks across the archipelago.
Consumer
Indonesia’s population is projected to exceed 285 million people by 2025, with steady growth expected in the coming decades. Rising incomes and urbanisation support strong demand for mass-consumption products, particularly food and FMCG. A larger population also heightens food-security needs, and we aim to play a positive role in strengthening Indonesia’s agriculture sector.
Financial Services
In 2024, Indonesia’s financial inclusion rate reached about 89%, yet tens of millions of adults remain unbanked or underserved. Fintech and mobile penetration now enable multifinance and other providers to close this gap. Expanding affordable, responsible financial services is critical to deeper inclusion and broader economic opportunity.