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'Dream team' to steer Indonesia sovereign fund
Bangkok Post
|March 25, 2025
New sovereign fund Danantara Indonesia yesterday unveiled its “dream team” to chart its strategy, which included ex-presidents and advisory roles for hedge fund manager Ray Dalio, economist Jeffrey Sachs and influential former Thai premier Thaksin Shinawatra.
Danantara, launched last month, is Indonesian President Prabowo Subianto’s key vehicle to achieve his 8% growth target by 2029 by managing all shares of state-owned enterprises and reinvesting the dividends in commercial projects. The fund is slated to eventually manage more than $900 billion worth of assets and has been described by officials as Indonesia’s version of Singapore’s Temasek.
Denne historien er fra March 25, 2025-utgaven av Bangkok Post.
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