Danantara

Danantara Investment Management, SMBC Aviation Capital, Mandiri Investment Management team up for Indonesia’s first aviation leasing fund

Danantara Investment Management, SMBC Aviation Capital, and Mandiri Investment Management announced Wednesday the framework agreement for the development of Mandiri Aviation Leasing Fund, Indonesia's first dedicated aviation leasing investment platform. The initial portfolio value of the fund is around $800 million.

Indonesia sovereign wealth fund Danantara opens waste-to-energy partner registration

PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.

Danantara partners China’s GEM for $1.4B HPAL nickel facility in Indonesia

Indonesian state-owned fund Danantara has partnered with GEM, the China-based green metallurgy and circular economy solutions firm, to develop a $1.42 billion high-pressure acid leaching (HPAL) smelter facility in Indonesia.

NASDAQ-listed Grab denies reports of talks with Indonesia’s GoTo for a potential deal

Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.

Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal – report

Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.

Indonesia launches sovereign wealth fund Danantara – report

The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.