PT Intan Baruprana Finance announced that it has received funding from new investor Phillip Global Opportunities Funds - Global Opportunities Fund, a fund managed by Phillip Capital Management (S) Ltd. on August 21, 2013. The investor acquired 9.7% stake in the company through Phillip Asia Opportunity Fund. The terms of the transaction were not disclosed. Ernst & Young LLP acted as financial advisor to the company for the transaction.

On August 21, 2013, PT Intan Baruprana Finance closed the transaction.