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Sovereign fund Danantara Indonesia names 'dream team' of former presidents, Sachs, Dalio and ex-Thai PM Thaksin

  • Danantara Indonesia has formed a 'dream team' including former Presidents Joko Widodo and Susilo Bambang Yudhoyono, along with Ray Dalio and Jeffrey Sachs to guide its investment strategy.
  • The fund aims to manage over US$900 billion and support Indonesia's target of 8% economic growth by 2029 through investments in various sectors.
  • Danantara's initial investment of US$20 billion will focus on natural resources, artificial intelligence, and energy security, responding to market concerns about political interference.
  • Analysts believe the inclusion of credible global figures in Danantara's team may enhance market confidence in Indonesia's economic outlook.
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opalesque.com broke the news in on Sunday, March 23, 2025.
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