ASIATODAY.ID, JAKARTA — Danantara Investment Management (DIM), the investment holding arm of Danantara Indonesia, has officially joined the International Forum of Sovereign Wealth Funds (IFSWF) as an Associate Member, marking a major step in Indonesia’s efforts to build a globally recognized sovereign investment institution.
The approval by the IFSWF Board represents international recognition of Danantara Indonesia’s commitment to strengthening governance, transparency, responsible investment practices, and institutional credibility in line with global standards.
Through its membership, DIM will become part of a global community of sovereign wealth funds committed to advancing professional investment management and implementing the Santiago Principles — internationally accepted guidelines that promote sound governance, accountability, transparency, and prudent investment practices.
“Joining IFSWF reflects Danantara Indonesia’s commitment to world-class governance, transparency, and accountability. As Indonesia’s national asset manager, we are determined to build an institution that meets the highest international standards while delivering sustainable value for the Indonesian people,” said Pandu Sjahrir, Chief Investment Officer of Danantara Indonesia.
Building Trust Among Global Investors
The membership provides Danantara Indonesia with a platform to engage with leading sovereign investors worldwide, exchange knowledge, participate in global investment discussions, and strengthen its institutional framework through international best practices.
Duncan Bonfield, Chief Executive of IFSWF, welcomed Danantara Indonesia’s entry into the global sovereign wealth fund community.
“We are pleased to welcome Danantara Indonesia as an Associate Member of IFSWF. Since its establishment, Danantara Indonesia has demonstrated a strong commitment to good governance, professionalism, and transparency,” he said.
Danantara Indonesia will also continue aligning its governance framework with the Santiago Principles self-assessment process as part of its commitment to building a trusted and competitive investment institution at the international level.
Driving Indonesia’s Next Economic Growth Engine
Established under Law No. 1 of 2025, Danantara Indonesia — officially known as Badan Pengelola Investasi Daya Anagata Nusantara (BPI Danantara) — serves as Indonesia’s strategic investment management institution with a mandate to optimize government investments and state-owned enterprise (SOE) assets.
As an independent institution under the President, Danantara Indonesia is designed to support national strategic priorities, accelerate industrialization, strengthen economic competitiveness, and create long-term economic value.
The institution is expected to play a crucial role in transforming Indonesia’s state assets into productive investments while supporting the country’s ambition to become a stronger force in the global economy.
Indonesia’s Rising Role in Global Investment Landscape
The inclusion of Danantara Investment Management in the IFSWF network marks a significant milestone in Indonesia’s sovereign investment journey.
By adopting international governance standards and expanding cooperation with global investment communities, Danantara Indonesia aims to enhance investor confidence, attract strategic capital, and strengthen Indonesia’s position in the global financial ecosystem.
As emerging economies compete for investment and pursue economic transformation, Danantara’s global engagement signals Indonesia’s ambition to establish a world-class investment institution capable of creating long-term value and competing on the international stage. (AT Network)
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