The KINETIK-ANDE-ROI Investment Manager Training (IMT) is the only program of its kind offering a comprehensive overview of investing in small and growing businesses (SGBs). Tailored for investment managers deploying capital into SGBs and capacity development providers supporting entrepreneurs, this highly interactive five-day course is rooted in real deals and practical experience.
Location: Four Points by Sheraton, Bandung, Indonesia
This second edition of IMT in Indonesia is supported by KINETIK—a flagship Indonesia–Australia partnership advancing climate, clean energy, and infrastructure—and Roots of Impact, a global pioneer in Impact-Linked Finance (ILF) and innovative financing solutions that link financial incentives to positive impact. With their support, the training will place particular emphasis on climate change, clean energy, and blended finance, with a special focus on ILF as an approach to enhance the effectiveness and additionality of blended and other forms of investment capital. It will also highlight the importance of Gender Equality, Disability, and Social Inclusion (GEDSI) in ensuring a just and equitable transition.
We particularly welcome applications from participants based in Indonesia or investing in Indonesia, including investors targeting Indonesia as a market, demonstrated through a summary term sheet or fund information memorandum.
Who should take this course?
The Investment Manager Training is an intermediate-level training with some advanced concepts, primarily designed for mid to senior-level managers with a solid understanding of basic financial and accounting concepts, and are:
- Responsible for investment and portfolio management in funds.
- Capacity development providers (e.g. incubators and accelerators) who work closely with investment managers and/or with entrepreneurs seeking investment.
- Relevant staff of INGOs and other institutions moving into impact investing.
- Impact investors looking to refresh their knowledge with the latest insights and trends
The top learning outcomes from the IMT:
- Understanding the elements and processes of portfolio management—from fund formation to post-investment monitoring and support.
- Assembling a portfolio aligned with the investment thesis and impact goals.
- Exploring investment vehicles, valuation approaches, and terms commonly used by investors in emerging markets.
- Monitoring cash flow, working capital, and enterprise growth needs.
- Applying blended finance instruments and Impact-Linked Finance (ILF) mechanisms to unlock catalytic capital and reward measurable impact performance.
- Strengthening skills in impact measurement, including gender lens investing, value chain investing, and climate impact.
- Identifying and evaluating climate finance opportunities, particularly those aligned with Indonesia’s energy transition goals.
- ANDE Members: 750 USD
- Non members: 1,500 USD (Early bird 1,350 USD by 5 December 2025)
- Group Price (two or more registrants from an organisation): 1,100 USD
The registration fee includes all essential components of the training:
What’s Included:
- Participation in all training sessions and group exercises
- 5-day meeting package, including daily lunches and coffee breaks
- Access to all training materials (where applicable)
- Networking reception with industry peers and stakeholders
What’s Not Included:
- Travel to/from Bandung
- Local transportation (outside scheduled activities)
- Accommodation
- Meals outside of training hours (e.g., dinners)
GEDSI Scholarship
ANDE is offering need-based support to cover the IMT registration costs for deserving candidates from underrepresented groups who are based in Indonesia. This is a competitive process, and decisions will be based on responses to the following questions.
- Please share a few lines about why this training is important to you.
- How do you plan to leverage the IMT to inform and improve the sector at large?
- How do you plan to leverage the IMT to increase investment in Indonesia?
“The IMT training is a must-do for anyone entering the impact investment space. The deep dive sessions and insights from the facilitator will enrich your work as an impact investor. The learnings from the peer group are priceless and certainly will help strength the ecosystem.”
“It’s a good training for anyone working in the ecosystem, not necessarily have to be VC investors, but it’s also very useful for ecosystem builders (grant manager/provider, accelerators, incubators) to gain knowledge on investment that this training offers.”
“The training is delivered in a collaborative environment and grounded in real world scenarios. It’s extremely useful for impact investment professionals.”
“I would recommend this training because it offers a wealth of very important experiences for anyone who wants to deepen their investment knowledge—thanks to its comprehensive materials, case studies from the speakers, and Q&A sessions from participants. In addition, it helps build extra knowledge such as networking with other individuals and companies both within your own country and abroad.”
“An insightful course with enriching discussions and a great platform to learn about other players or organisations in the local ecosystem. Great for practitioners who want to learn about the end to end process of an impact investment.”
“For those working in on profits, this is an eye opening learning experience especially those who are thinking about organizational sustainability (impact, financial, etc.).”
John Kohler
Executive Fellow for Financial Innovation, Miller Center for Global Impact, Santa Clara University
For the past many years, John has been Director of Impact Capital at Santa Clara’s Miller Center for Social Entrepreneurship and has also been a mentor to social entrepreneurs at the Global Social Benefit Accelerator. In 2011 he authored a report on impact investing entitled Coordinating Impact Capital: a New Approach to Investing in Small and Growing Businesses, co-authored a chapter on equity investing in New Frontiers of Philanthropy (Oxford Press-2014), and then published a study on Total Portfolio Activation for Impact(Miller Center-2016). He is now pioneering a new investment vehicle – the Variable Payment Obligation – that presents investors with a ‘structured exit’ alternative to equity. In addition, he is co-founder of Toniic, a syndication network of impact investors. John manages investments through Redleaf Venture Management, a venture capital operating company founded in 1993. John’s earlier background includes twenty years of executive level positions at Hewlett Packard, Silicon Graphics, Convergent Technologies and Unisys. He was one of the founding executives at Netscape Communications. He led investments at AdRelevance (JMXI), Mosaic Communications (TWX), NetGravity (DCLK), RedCreek Communications (SNWL), and Wireless Online. John served as a board member at PACT, an NGO based in Washington D.C., and on Pact’s microfinance company in Myanmar. He received his bachelor’s degree concentrating in international economics from UCLA and completed executive programs at Wharton and Stanford business schools. Over the last 15 years, he was a managing member of the UCLA Venture Capital Fund and currently advises ACDI/VOCA’s impact fund and several previous USAID projects. He leads an Impact Investing course for both ANDE (Aspen Institute) and Northeastern University. Other recent advisory roles include the Vatican Impact Investing Conference and Catholic Relief Services.