logo
Indonesian Sovereign Fund Appoints Private Credit Lead as Co-CIO

Indonesian Sovereign Fund Appoints Private Credit Lead as Co-CIO

Bloomberg5 hours ago

Indonesia Investment Authority, the country's sovereign wealth fund, has appointed two co-chief investment officers, one of whom is private credit lead Christopher Ganis, according to people familiar with the matter.
Andry Setiawan, previously the managing director of investment, is the other, and he updated his LinkedIn profile with the new role on Sunday. Both CIOs were appointed at the end of May and INA announced the appointment organization-wide on Friday, one of the people familiar said. INA declined to comment when contacted by Bloomberg.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Blackstone Taps Ex-Lazard Top Dealmaker, Aims to Back More Banks
Blackstone Taps Ex-Lazard Top Dealmaker, Aims to Back More Banks

Bloomberg

time29 minutes ago

  • Bloomberg

Blackstone Taps Ex-Lazard Top Dealmaker, Aims to Back More Banks

Blackstone Inc. hired Joseph Cassanelli, a banker who drove major Wall Street deals, as the private equity firm prepares to invest more in banks and insurers. The former co-head of Lazard Inc. 's US financial institutions group joins Blackstone as a senior managing director at its Tactical Opportunities unit. That arm invests across equity, credit and anywhere in between and oversees about $34 billion of assets.

New Strong Buy Stocks for June 16th
New Strong Buy Stocks for June 16th

Yahoo

timean hour ago

  • Yahoo

New Strong Buy Stocks for June 16th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Flexsteel Industries, Inc. FLXS: This manufacturer of upholstered furniture has seen the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days. Flexsteel Industries, Inc. price-consensus-chart | Flexsteel Industries, Inc. Quote Rockwell Automation, Inc. ROK: This industrial automation and digital transformation solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days. Rockwell Automation, Inc. price-consensus-chart | Rockwell Automation, Inc. Quote The E.W. Scripps Company SSP: This media enterprise company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days. E.W. Scripps Company (The) price-consensus-chart | E.W. Scripps Company (The) Quote Virtu Financial, Inc. VIRT: This financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days. Virtu Financial, Inc. price-consensus-chart | Virtu Financial, Inc. Quote Greystone Housing Impact Investors LP GHI: This company that is in the business of mortgage revenue bonds has seen the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days. Greystone Housing Impact Investors LP price-consensus-chart | Greystone Housing Impact Investors LP Quote You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rockwell Automation, Inc. (ROK) : Free Stock Analysis Report Flexsteel Industries, Inc. (FLXS) : Free Stock Analysis Report E.W. Scripps Company (The) (SSP) : Free Stock Analysis Report Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report Greystone Housing Impact Investors LP (GHI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Melden Sie sich an, um Ihr Portfolio aufzurufen.

H100 Group Targets $79 Million Raise to Power Bitcoin Strategy
H100 Group Targets $79 Million Raise to Power Bitcoin Strategy

Yahoo

timean hour ago

  • Yahoo

H100 Group Targets $79 Million Raise to Power Bitcoin Strategy

H100 Group (H100), a Swedish health-technology company, said it reached an agreement that could see Blockstream CEO Adam Back lend it as much as 750 million kronor ($79 million) to support its long-term bitcoin BTC treasury strategy. Back signed up for an initial 150 million-krona tranche, known as Tranche 6, of a convertible loan. He also holds a right to participate in two follow-up tranches, each currently set at 75 million kronor, though the company intends to that amount if market conditions allow. The financing structure prioritizes speed and cost-efficiency over a traditional rights issue and allows Stockholm-based H100 to invite other investors on equal terms. Convertible loan terms were set through arm's length negotiations, with Tranche 6 priced at 6.38 kronor per share, a 33% premium to market. "Unexpectedly, given the strong reception, Tranches 1-4 became in-the-money rapidly," Back said in a statement to CoinDesk. "I was expecting [H100] would convert them over time as they reached in-the-money status".H100 Group currently holds 24.41 BTC, according to The company's shares 22% on Monday. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store