Danantara Indonesia Assembles High-Profile Advisors to Bolster Credibility

The newly launched sovereign wealth fund aims to drive Indonesia's economic growth to 8% by 2029, addressing market concerns with a $20 billion investment plan and a globally renowned advisory team.

Danantara Indonesia, launched in February 2025, is projected to manage over $900 billion in assets and is modeled after Singapore's Temasek.
The fund has unveiled a 'dream team' of advisors, including former Indonesian presidents Joko Widodo and Susilo Bambang Yudhoyono, economist Jeffrey Sachs, and hedge fund manager Ray Dalio.
Danantara's initial $20 billion investment plan targets strategic sectors such as natural resources processing, artificial intelligence, energy, and food security.
Concerns about political interference and governance have contributed to market volatility, with Indonesian stocks falling and the rupiah weakening in recent weeks.
Danantara's leadership emphasizes transparency and professionalism, with further advisor appointments, including a potential role for Tony Blair, under consideration.