Jakarta, Indonesia
Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.

Indonesia President Jokowi Targets $200 Billion Sovereign Wealth Fund

10th April 2021 | Singapore

Indonesia President Jokowi has set a new target of $200 billion AUM for Indonesia’s newly setup Sovereign Wealth Fund (SWF).  The new $200 billion target for Indonesia Investment Authority (INA), which was setup only in January 2021, had an original target of $100 billion. (AUM ~ Assets under Management)

” Indonesia President Jokowi Targets $200 Billion Sovereign Wealth Fund “


Ads & Announcements

Indonesia Investment Authority Key Appointments in February 2021

Jakarta, Indonesia


In February 2021, Indonesia President Jokowi had announced several key appointments including former CEO of Bank Permata Ridha Wirakusumah as the first Chief Executive Officer of the fund.  Before Bank Permata, Ridha Wirakushmah was at leading global private equity firm KKR and one of the world’s largest bank, Citibank.

The Indonesia Investment Authority Appointments:

  • CEO: Ridha Wirakusumah (former CEO, Bank Permata)
  • Deputy CEO: Arief Budiman (former CFO, Pertamina)
  • CIO: Stefanus Ade Hadiwidjaja (former MD, Creador – Private Equity)
  • Director: Marita Alisjahbana (former Country Risk Manager, Citi)
  • Director: Eddy Porwanto (former CFO Garuda Indonesia)

Several of the new appointments had quit their job to join Indonesia Investment Authority (INA).


Indonesia Investment Authority (INA) $200 Billion AUM

Indonesia Investment Authority (INA) is pooling investments from Indonesia and global investors to finance projects in Indonesia, with a strong focus on infrastructure and other sectors such as healthcare.

Created in January 2021, the fund by February 2021 already have have $15 billion in assets.  $5 billion was seeded by the Indonesian government and $10 billion came from global investors.  More commitments have also been made by global investors in March 2021.


Building a Green Indonesia – $1.1 Trillion Economy and 270 Million People

Indonesia Flag

Indonesia President Jokowi wants to build a green economy and has called for investors to look at hydropower, geothermal sources, electric cars, and talks with Tesla about potential investment into Indonesia.

Indonesia is one of the largest economy in Asia and Southeast Asia with GDP of more than $1.1 trillion and GDP per capital of around $4,200.  In Asia-Pacific, only China, India, Japan, Korea and Australia has more than $1 trillion GDP.

Indonesia also has one of the largest population in the world and has the 4th largest population in the world with more than 270 million people.  Only China (1.3 billion), India (1.3 billion) and United States (320 million) have a larger population than Indonesia.

2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives

New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us

    Mailing ListFree TrialPromo $20 MonthlyPromo $180 YearlyInvestor $680 YearlyProfessional $680 YearlyExecutive $680 Yearly

    Financial Professional $60 YearlyWealth Managers $60 YearlyPrivate Bankers $80 YearlyBoutique Advisory $80 YearlyFamily Office $80 YearlyProfessional Investor $80 YearlyInvestment Bankers $80 YearlyPrivate Markets $80 YearlyInvestment Managers $80 YearlyManagement $80 Yearly

    Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights

    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014

    Web links may be disabled on mobile for security.
    Please click on desktop.

    Caproasia.com | The leading financial website for investment managers, professional investors, UHNW & HNW investors and advisors to institutions, billionaires, UHNWs & HNWs.  Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

    Caproasia is a financial information technology co. founded in 2014. We have 4 businesses in Media, Information, Services and Technology. We created 3 solutions: Membership, Events & Platforms to drive investment decisions in Asia through information, services, technology & people, that impact economies, societies & people. Our Mission: Driving the future of Asia

    For 2022 Investment Day: mail@caproasia.com
    For Family Office, Professional Investor, HNW Investor Events: mail@caproasia.com
    For Membership, Events, Networking, Roundtable, Summits: mail@caproasia.com
    For Investment Relations Network: mail@caproasia.com
    For Platforms, Media Kit, Advertising, Campaigns, Partnerships: angel@caproasia.com
    For press release: press@caproasia.com
    For all other enquiries: mail@caproasia.com

    2022 Upcoming Events
    Join Events in Hong Kong & Singapore. Investments, Alternatives, Private Markets
    Hedge Funds, Private Equity, Private Wealth, Family Office & more.
    View: 2022 Upcoming Events | Register here

    Join as Delegate, Speaker, Moderator, Host, Sponsor & Partner
    Contact: events@caproasia.com or mail@caproasia.com

    Caproasia Users
    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs
    • Learn More | Caproasia Users
    Caproasia Platforms | Join 10,000 Investors & Advisors Monthly Networking & Roundtables: Membership | Join a Powerful Network: Family Office Programs: Caproasia Summits: Special Coverage

    Previous article$342 Billion Investment Firm KKR Raises $15 Billion for Asia Fund
    Next articleAlibaba Fined $2.78 Billion by China State Regulator for Anti-Monopoly Practices
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia