IDB, Pertamina Pension Fund to set up private equity JV
The Islamic Development Bank (IDB) and Indonesia's Pertamina Pension Fund have agreed to set up a joint venture private equity firm to invest in infrastructure and other projects in Indonesia.
In addition, the agreement signed by the firms leaves open the possibility of investment in other IDB member countries, according to a statement. The Pertamina Pension Fund is a division of Pertamina,...
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