US EditionPrabowo's 'Audacious' Wealth Fund
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Prabowo's 'Audacious' Wealth Fund
Since Indonesian President Prabowo Subianto on February 24 launched his massive sovereign wealth fund Danantara, theoretically to be worth US$900 billion by 2029, it has run into increasingly heavy going. Its CEO, Rosan Roeslani, last week had to bat down reports that its most illustrious adviser, Bridgewater Associates founder and CEO Ray Dalio, was backing away from a role on the advisory board. Dalio, the founder of Bridgewater Associates, de…
·Hong Kong
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