Fighting off vulture finance in the Asia Pacific

22 May 2025 Jakarta, Indonesia 22 May - 22 May

The world is being reshaped by financialisation — a transformation marked by the acquisition, reorganisation, and privatisation of key sectors of our lives. At the centre of this process are powerful financial actors: private equity firms, pension fund managers, and sovereign wealth funds (SWFs). These entities are increasingly embedded in our everyday realities, extracting profits from our schools, hospitals, food systems, housing, and even taking control of farmlands, water, and essential infrastructure. Their expanding reach is driving higher costs, worsening worker exploitation, land dispossession, and a decline in the quality and accessibility of public services.

Join GRAIN, the Resisting Pension Fund Capitalism Project and Public Services International for a vital conversation on the expanding grip of predatory finance in the Asia Pacific and collective strategies that can have impactful resistance.

Presentations:

  • GRAIN on general trends of financialisation and implications for the region’s food systems

  • IBON Foundation on the Maharlika SWF in mining and agriculture: Wealth for whom?

  • Indonesian power workers union PP-IP on resistance to the privatisation agenda behind the "green energy transition"

  • CICTAR on private equity's impacts on health care and energy services

Date: Thursday May 22, 2025

Time: 07:00-08:30 UTC / 17.00-18.30 Melbourne / 16.00-17.30 Tokyo / 15.00-16.30 Manila /14:00-15:30 Jakarta / 12.30-14.00 Delhi

Register here: https://psishort.link/PensionFund

Interpretation in English and Indonesian. Additional languages may be arranged on demand.