Indonesia Investment Authority

The Indonesia Investment Authority (INA), known in Indonesian as Lembaga Pengelola Investasi, is one of two sovereign wealth funds of Indonesia, established in February 2021 under the country's Job Creation Law and headquartered at Prosperity Tower in Jakarta. Unlike typical sovereign wealth funds that manage surplus oil revenue or foreign exchange reserves, the INA seeks foreign co-investors to help finance Indonesia's economic development, attract investment, create jobs and diversify into new asset classes, holding total assets of about 118.87 trillion Indonesian rupiah, roughly 7.9 billion US dollars, as of 2023 against a target of 24.5 billion US dollars in assets under management.