Indonesian Sovereign Fund Taps BlackRock Exec for Private Credit
- Ganis formerly head of Indonesia for BlackRock private credit
- Sovereign wealth funds have been pushing into private credit
Buildings in Jakarta, Indonesia.
Photographer: Muhammad Fadli/BloombergThis article is for subscribers only.
Indonesia’s sovereign wealth fund has hired BlackRock Inc.’s former head of private credit in Indonesia as it seeks to increase its direct lending in the $1.7 trillion market.
Indonesia Investment Authority, known as INA, is tapping Christopher Ganis as managing director of investments in hybrid capital solutions, which includes private credit.