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Pandu Sjahrir now investment chief of ID’s sovereign wealth fund

AC Ventures’ founding partner Pandu Sjahrir has been appointed as the chief investment officer (CIO) of Danantara, Indonesia’s newly established sovereign wealth fund.

Danantara’s initial funding is projected at 326 trillion rupiah (US$20 billion).

The sovereign wealth fund is set to cover various sectors such as renewable energy, advanced manufacturing, downstream industries, and food production.

Recent Danantara developments

Timeline
24-Feb-2025 🔍 Indonesian investment body must be open to audits: president
  • President Prabowo calls for Danantara audits.
  • Danantara to be overseen by KPK and other bodies.
24-Feb-2025 📈 Indonesia launches Temasek-like investment arm with $20b fund
  • Indonesia launches Danantara investment body
  • Projected funding of $20 billion for major projects
14-Nov-2024 🌐 Indonesia to launch Temasek-style fund amid transparency concerns
  • Indonesia set to launch Danantara investment agency.
  • Experts stress need for transparency and political freedom.

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