Indonesia’s new sovereign wealth fund

Treasury Names Adviser to Help Plan US Sovereign Wealth Fund
Treasury Secretary Scott Bessent named a Wall Street and military veteran to advise on plans for a sovereign wealth fund, taking a further step toward fulfilling President Donald Trump’s idea for the US to join the ranks of nations with such assets.
America Needs a Sovereign Wealth Fund
Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, Ohio created a land trust to finance public education in the state.
Indonesia's new sovereign fund will run with commercial mindset, official says
New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises sectors championed by the government to increase economic growth and create jobs,
Which Countries Have a Sovereign Wealth Fund and How Much Are They Worth?
There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and large foreign exchange reserves.
CIO of new Indonesian sovereign wealth fund outlines its aims and strategy
Pandu Sjahrir, CIO of Danantara, says the goal of the fund is to support "investors, global investors, to be able to invest safely in our country."
How a US Sovereign Wealth Fund Would Work in Reality
A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.
South Korea sovereign wealth fund KIC returns 8.5% in 2024
Korea Investment Corp., Seoul, returned 8.5% in 2024, driven by strong gains on equity investments, according to a news release. KIC is South Korea's sovereign wealth fund, managing public funds entrusted to it by the national government and Bank of Korea.
New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
Trump’s ‘Sovereign Wealth Fund’ Will Be A Disaster. Just Ask Malaysia
After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.
Indonesia’s sovereign wealth fund may crowd out private sector
Danantara, the nation's newly established sovereign wealth fund, may end up stifling growth instead of fuelling it, analysts warn.
Indonesia launches new multibillion dollar Danantara sovereign wealth fund
Indonesia's Prabowo officially establishes Danantara, which is modelled on Singapore's investment arm Temasek Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than US$900 billion as President Prabowo Subianto looks to turbocharge growth in Southeast Asia's biggest economy.
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Committee of Supply 2025 debate, Day 1: Louis Chua on transparency of sovereign wealth funds
Singapore’s sovereign wealth funds are “falling short” when it comes to transparency, said MP Louis Chua in parliament on Friday (Feb 28). He noted that GIC does not share annual performance figures ...
Putin appoints Russia sovereign wealth fund chief Kirill Dmitriev special envoy
President Vladimir Putin on Sunday appointed Kirill Dmitriev, the chief of Russia's sovereign wealth fund, as a special envoy ...
Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator
Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will ...
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Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
At the launch of the Danantara fund on Feb 24, Indonesian officials also sought to address some concerns on transparency and ...
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Egypt plans to spur listings by moving state assets under wealth fund
Hassan El-Khatib said the government mandate has been clear to create a business environment that will allow the private ...
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Middle East's ambitious growth plans, sovereign wealth funds put capital markets on the map
Ambitious economic development plans, growth of private credit markets, and sovereign wealth funds are putting the Middle ...
QIA evaluating eight new VC firms for inclusion in $1 billion 'Fund of Funds'
Qatar's sovereign wealth fund is evaluating eight venture capital firms to add to its "fund of funds" venture capital ...