PT Danantara Investment Management (DIM), SMBC Aviation Capital, and Mandiri Investment Management announced a Memorandum of Understanding to develop the Mandiri Aviation Leasing Fund, Indonesia’s first aviation leasing investment platform with an initial portfolio of approximately USD800 million.

Danantara Chief Investment Officer Pandu Sjahrir said this partnership is an important step in Indonesia’s participation in the global aviation financing ecosystem. “By becoming a key partner in this initiative alongside SMBC Aviation Capital and Mandiri Investment Management, Danantara is investing in a world-class platform that delivers optimal returns while building strategic capabilities for Indonesia,”

SMBC Aviation Capital Chief Commercial Officer Barry Flannery said he was very pleased to establish this strategic partnership, which will help advance the aviation ecosystem in Indonesia and abroad. “Through close collaboration with Mandiri and Danantara, we look forward to supporting long-term growth, innovation, and collaboration across the sector,”

Mandiri Investment Management Chief Executive Officer Baskoro Adi said this partnership reflects a commitment to developing innovative investment solutions that connect global investors with high-quality aviation assets. “We are proud to be working with SMBC Aviation Capital, with the support of DIM, to establish the first aviation leasing investment platform in Indonesia, which provides attractive returns considering risks while positioning this region as a new player in the global aviation leasing market.”