US Billionaire Ray Dalio Becomes Danantara Advisor

JAKARTA, investortrust.id - A prominent American billionaire has formally joined the advisory board of a new Indonesian investment entity, offering strategic guidance for the nation’s expanding economic ambitions. This development signals a heightened collaboration between global financiers and domestic enterprises, paving the way for substantial growth opportunities.

The newly formed institution, officially called Danantara, is part of Indonesia’s broader national investment and downstreaming agenda, led by President Prabowo Subianto. Meeting with major local business figures at the Merdeka Palace in Jakarta on Friday, Mar 7, 2025, the country’s leader welcomed the expertise of Ray Dalio, founder of Bridgewater Associates, to help bolster Danantara’s global reach.

Rosan Roeslani, who serves as Minister of Investment and Downstreaming as well as CEO of Danantara, confirmed Ray Dalio’s appointment as part of Danantara’s Advisory Board after attending the gathering. He revealed that Dalio shared insights gained from five decades of managing investments worldwide.

“If he is here today, and then shares his expertise with us, we are naturally grateful,” Rosan said. “Alhamdulillah, we already shook hands, and that alone means a lot.”

Rosan emphasized that Ray Dalio, widely regarded as one of the world’s most successful investors, has long offered guidance to sovereign wealth funds in various nations, including Temasek in Singapore and the Public Investment Fund in Saudi Arabia. This extensive experience, Rosan noted, is crucial for Danantara’s efforts to build credibility and secure lasting returns.

“Dalio’s advice for us is highly valuable,” Rosan added. “It ensures Danantara can fulfill its mandate effectively.”

Beyond investment strategy, Dalio also discussed corporate governance, risk management, and other best practices. According to Rosan, these areas remain essential for Danantara as it pursues partnerships with both local and international stakeholders.

Several prominent Indonesian entrepreneurs attending the meeting likewise offered their perspectives on how Danantara could develop into a transparent, well-managed institution. Rosan stressed that the success of Danantara hinges on collaboration with the business community, mutual trust, and open communication.

“The President was very clear that any joint efforts must be transparent and conducted prudently,” Rosan said. “Investments should be managed carefully to ensure measurable returns that benefit everyone.”