Reliance Capital Management Receives Funding from LeapFrog Investments, FMO and PartnerRe (Asia)

Source: Reliance Capital Management, LeapFrog Investments, FMO, PartnerRe

Indonesia-based financial services group Reliance Capital Management has received IDR562 billion (approximately US$43 million) from emerging markets financial services investor LeapFrog Investments, Dutch development bank FMO and global reinsurer PartnerRe. Reliance serves 750,000 clients and operates 37 office locations in 20 cities throughout Indonesia.