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Danantara plans first hedge fund allocations later this year

The Indonesian sovereign wealth fund intends to appoint a small group of hedge managers to run separately managed accounts as it expands into alternatives.

Reported · Written up by our desk · Fund Industry

Hedgeweek reports that Indonesia’s sovereign wealth fund Danantara is preparing to make its first allocations to hedge funds later this year.

According to a report cited by Hedgeweek, Danantara plans to appoint a small group of hedge fund managers to oversee separately managed accounts as it broadens its exposure to alternative investments.

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