CIC, INA and SOFAZ team up for China–Asean investments

The Galaxy Orientis fund has raised $520m out of a $1bn target from China Investment Corporation, Indonesia Investment Authority and State Oil Fund of the Republic of Azerbaijan. The PE fund is eyeing investments across the Asean-China corridor.
April 19, 2026

China Investment Corporation (CIC), Indonesia Investment Authority (INA), and the State Oil Fund of the Republic of Azerbaijan (SOFAZ) have established the Galaxy Orientis China–Asean Investment Platform (CAIP), a sovereign-led private equity platform aimed at capturing long-term investment opportunities across the China–Asean corridor.

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