Indies Capital

Indies Capital Partners is a Singapore-based alternative asset manager specializing in private credit and private equity investments into mature, emerging, and growth companies with a regional nexus in Southeast Asia. The firm manages approximately US$800 million in assets under management (AUM) as of mid-2022, having invested over US$1.4 billion across more than 55 deals since 2013. It manages capital for institutional investors, including sovereign wealth funds and family offices, delivering superior risk-adjusted returns. Its portfolio has included involvement with companies such as AirAsia and Funding Societies, with recent participation in a $443 million private funding for AirAsia aircraft refurbishment and a $144 million Series C-IV for Funding Societies in February 2022. Founded in 2009 by Denny Goenawan.