Overview

• 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.