A new sovereign wealth fund unit, Danantara, has been founded, reports directly to the president, and is a potential investor in a bond sale.
4 reports, 3 independent
Updated Aug 18
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What happened
A new sovereign wealth fund unit, Danantara, has been founded, reports directly to the president, and is a potential investor in a bond sale.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Danantara achieved high returns and plans to hire specialized hedge fund managers.1 source
- President Prabowo Subianto oversees the state asset consolidation agency, Danantara, which is a new sovereign wealth fund unit.Sub-event
Danantara's role is key to hitting the 8% economic growth target by 2029.1 source
Sovereign wealth fund unit Danantara founded, reports to president, and is potential bond investor.1 source
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