Karaeng AdjieMOMENTUM
On Cycles and Conviction
Markets cycle. Capital should adapt. A brief note on why conviction matters more at the trough than at the peak.
Read →Insights
Research & Commentary
Occasional notes on markets, cycles, and capital allocation from the Kaji Kapital partners.
Rizza AdillahTURNAROUND
Southeast Asia's Emerging Credit Opportunity
As global capital retreats to familiarity, a structural gap in Southeast Asian credit markets is quietly widening — and widening in favor of patient, local investors.
Read →Karaeng AdjieSYSTEM
The Private Credit Landscape in 2026
Private credit has matured from an alternative into a mainstream asset class. What that means for returns, competition, and where the edge has shifted.
Read →Rizza AdillahMACRO
Navigating Rate Environments in Fixed Income
Higher-for-longer rates have redrawn the fixed income map. For the first time in over a decade, bonds are doing what bonds are supposed to do.
Read →Rizza AdillahTURNAROUND
Why Capital Structure Matters More Than Returns
A company's capital structure is not an accounting detail — it is a strategic choice that determines survival probability in a downturn and value distribution in a recovery.
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