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Danantara pledges $5B to Indonesian businesses

1 reports1 report sources2 days agoUpdate

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Indonesia's sovereign wealth fund Danantara plans to invest $5 billion in Indonesian businesses over the next six to nine months, its chief investment officer said, as the country faces market uncertainty and a deadline of April 2027 to enact reforms. Danantara also said on Oct. 6 it was investing $250 million in HighPeak Energy, a Texas-based oil and gas producer. A fourth unit, Danantara Resources Indonesia, fully launches next January.

AI-generated from reports · 2 days agoUpdate

Latest updatesOct 16 20:00
Indonesia's Danantara Pledges $5 Billion to Homegrown Companies Amid Market Uncertainty

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Oct 16
  1. Fortune Term Sheet
    Indonesia's Danantara Pledges $5 Billion to Homegrown Companies Amid Market Uncertainty

    Indonesia's sovereign wealth fund Danantara plans to invest $5 billion in Indonesian businesses over the next six to nine months.

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