Indonesian sovereign wealth fund Danantara has tapped two investment managers from Singapore peer GIC to lead its global private markets coverage, according to Bloomberg, citing sources familiar with the matter.
Daniel Lim and Weihan Wong have been appointed directors of investment, reporting to Stefanus Ade Hadiwidjaja, Danantara’s managing director of investment, the news agency says in the report published on October 23.
Lim is tasked with looking at private credit opportunities, and Wong is responsible for private equity.
Wong was a portfolio manager in GIC’s alternative credit group, according to his Linkedin profile, which shows he joined Danantara in July.
Lim hasn’t updated his profile, which shows he was vice-president of private equity at GIC.
Spokespersons for Danantara and GIC did not immediately respond to questions from Asia Asset Management.
