Weekly digest: Indonesia to roll out second sovereign wealth fund; South Korea's NPS completes Seoul office purchase

Feb 10, 2025

Indonesia approves second sovereign investment fund; South Korea's National Pension Service (NPS) closes $1.6 billion Seoul office deal; Singapore’s Temasek and US investment firm CenterSquare form $200 million debt fund; and more.

Weekly digest: Indonesia to roll out second sovereign wealth fund; South Korea's NPS completes Seoul office purchase

TOP NEWS OF THE WEEK

Indonesia’s parliament has approved the creation of a new sovereign wealth fund Danantara to oversee more than $600 billion worth of state assets.

The new entity is expected to function like Singapore's state investment company Temasek.

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