Ray Dalio Reaffirms Role as Advisor to Indonesia's Danantara Investment Authority
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JAKARTA, investortrust.id — American billionaire investor Ray Dalio has reaffirmed his commitment as an informal advisor to Indonesia’s sovereign wealth fund, dispelling recent speculation that he was pulling out from his role with the Daya Anagata Nusantara Investment Authority (Danantara).
In a joint statement issued on Wednesday, June 4, 2025, Dalio and Danantara emphasized that there had been no changes in their partnership. Dalio remains actively involved in advising both the fund and President Prabowo Subianto as part of Indonesia’s broader investment transformation effort.
“I remain a devoted supporter of Danantara Indonesia’s mission,” said Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, in the statement written in Indonesian.
Over the past year, Dalio has played a pivotal role in shaping Danantara’s long-term strategy as it develops into a state investment institution focused on strategic sectors. His insights have been described as instrumental in aligning the fund’s approach with global best practices while tailoring it to Indonesia’s development priorities.
Danantara noted that Dalio’s advisory role is informal, voluntary, and unpaid—yet continues to be deeply valued by the fund’s leadership and the government.
“My engagement as an advisor remains unchanged. It is voluntary, and I receive no compensation. Danantara fully respects and appreciates this contribution,” he added.
The statement comes in response to rumors that Dalio might be stepping down from his position, which had raised questions about the fund’s credibility among some observers. Earlier this week, key Danantara board members including Rosan Roeslani and Pandu Sjahrir also denied the reports, insisting the collaboration remained intact.
With strong foundations in place, President Prabowo, Dalio, and Danantara reiterated their shared goal of accelerating Indonesia’s sustainable economic growth and unlocking the full potential of the country’s strategic sectors.