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Goldfinch Stakes Claim in Indonesian Creative Economy With Government-Backed Venture (EXCLUSIVE)
U.K.-based Goldfinch partners with Synco and Goshen Group to launch Indonesian creative industry venture, backed by Ministry of Creative Economy.
The venture, which was officially witnessed by Indonesia’s Minister of Creative Economy Teuku Riefky Harsya, signals an ambitious push to position the nation as a key player in the global media landscape. A key component includes bringing Goldfinch’s Oscar and BAFTA-winning First Flights program to Indonesia, providing early-stage financing to emerging filmmakers and facilitating international collaborations. The company brings significant financial muscle to the table, having closed $250 million across 300 deals over the past decade, maintaining an 11-13% internal rate of return across its institutional lending portfolio, and has produced BFI London Film Festival title “Quant” and Raindance selection “A Bird Flew In.”
Or read this on Variety