Danantara launched | February 24, 2025

Say hello to Indonesia's US$900 billion sovereign wealth fund

Hello reader,

I hope you’re not getting 1MDB flashbacks — Indonesia has launched a massive new sovereign wealth fund, Danantara, which may one day manage up to US$900 billion in assets.

More details on the fund below. Let’s just hope that Danantara will be run with complete transparency (like they said they would) and competence. Now that it’s launched, we want this endeavor to fly high, not produce our very own Jho Low.

Cheers,

Andra

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