Support SWF Jokowi-GoTo, Who is this ‘Sultan of the Desert’ of Abu Dhabi?

Jakarta, CNBC Indonesia – The name of the Abu Dhabi Investment Authority (ADIA), the endowment fund or sovereign wealth fund (SWF) belonging to the United Arab Emirates (UAE) is again being discussed by capital market players. This is because, ADIA just led GoTo’s pre-IPO fundraising with an investment of US$ 400 million or equivalent to […]

Erick’s Hard Code, Makes Construction Stocks Move Wild

Jakarta, CNBC Indonesia – The majority of construction issuers immediately rose in the green zone at the beginning of today’s trading, Friday (4/6/2021). This strengthening appears to be in response to news related to signals from the Minister of State-Owned Enterprises (BUMN) Erick Thohir regarding the divestment of toll roads owned by state-owned subsidiaries in […]

Official! INA Jokowi Makes Consortium Abu Dhabi-APG-CDPQ Rp. 54 T

Jakarta, CNBC Indonesia – Indonesia’s endowment fund, namely the Indonesia Investment Authority (INA), formed a consortium with Caisse de dépôt et placement du Québec (CDPQ), APG Asset Management (APG) and a subsidiary of the Abu Dhabi Investment Authority (ADIA). CDPQ is an institutional investor managing several pension and public insurance programs based in Canada, APG […]

Manage Trillions of Fund Investors, INA Boss: We Are Not Brokers

Jakarta, CNBC Indonesia – The investment needs for Indonesia’s infrastructure projects are still large. Role The Indonesian Investment Management Institute (LPI) under the name Indonesia Investment Authority (INA) is expected to be able to patch up these shortcomings. INA President Director Ridha Wirakusumah explained that the investment requirement for infrastructure in Indonesia reaches US $ […]

This is it! Erick Thohir Issues Rules for Selling BUMN Assets to SWF

Jakarta, CNBC Indonesia – The Ministry of BUMN issued a new regulation to support the implementation of transferring BUMN assets to the Sovereign Wealth Fund (SWF) – Indonesia Investment Authority (INA). So that BUMN assets can now be sold to this newly formed investment management institution. This is stated in the Regulation of the Minister […]

Luhut Called SWF Directors Announced Next Week

Jakarta, CNN Indonesia – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan mention the figures who are on the board of directors Investment Management Institution (Indonesia Investment Authority / INA) or endowment fund manager (SWF) will be announced next week. The directors will later manage the largest endowment investment management institution in Indonesia. […]

Luhut’s Mace, Japan Wants to Plant Rp. 57 T in the Indonesian Endowment Fund

Jakarta, CNBC Indonesia – Coordinating Minister for Maritime Affairs and Investment Luhut B. Pandjaitan revealed the investment commitment from the governor of Japan Bank for International Cooperation (JBIC) MAEDA Tadashi for the establishment of a Sovereign Wealth Fund (SWF) or ‘endowment fund’ in Indonesia. “JBIC is ready to support SWF Indonesia’s funding of US $ […]

Top Mr. Luhut! Japan Welcomes RI’s Endowment Fund

Jakarta, CNBC Indonesia – Meeting of the Coordinating Ministers for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan with the Advisor to the Prime Minister of Japan, Izumi Hiroto to produce sweet results. Japan welcomed and promised to participate in the ‘RI endowment’, namely the Indonesian Sovereign Wealth Fund (SWF) or the Nusantara Investment […]

IDR 75 trillion in capital, this is the complete structure of Jokowi’s Endowment Fund

Jakarta, CNBC Indonesia – The government seems to be moving fast in implementing the Omnibus Law Law No. 11/2020 on Job Creation (Ciptaker). In the page website https://uu-ciptakerja.go.id, several draft government regulations (RPP) have entered into technical guidelines for the implementation of the Ciptaker Law. One of them is the RPP on the Investment Management […]

Adam Boehler goes to RI again to meet Luhut, so here is the Endowment Fund!

Jakarta, CNBC Indonesia – The meeting of the Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan with the Chief Executive Officer (CEO) of the United States International Development Finance Corporation (IDFC) Adam S Boehler last week caught the attention of financial industry players. The meeting took place in Jakarta, Friday (23/10), where Adam […]