Famed American investor and Bridgewater Associates founder Ray Dalio has publicly reaffirmed his ongoing role as an advisor to Daya Anagata Nusantara (Danantara), amid swirling speculation about his departure from the Indonesian sovereign wealth fund.

In a joint statement released on Tuesday, June 4, 2025, both Danantara and Dalio clarified that there has been no change in their partnership, asserting Dalio’s continued involvement as an informal advisor to both the institution and President Prabowo Subianto.

"I remain a strong supporter of Danantara Indonesia’s mission," Dalio said. "My commitment to advise its leadership and President Prabowo remains unchanged, informal, voluntary, and unpaid."

Dalio’s comments follow rumors that he had stepped back from the role amid restructuring within Indonesia’s investment management institutions. The speculation prompted concerns over Danantara’s global credibility and long-term strategy, given Dalio’s prominence in international financial circles.

For over a year, Danantara has benefited from Dalio’s strategic counsel as it positions itself as Indonesia’s flagship long-term investment entity, focused on infrastructure, renewable energy, digitalization, and other key sectors.

"His advice has been instrumental in shaping our direction as a sovereign investment institution," Danantara stated. "We continue to value his guidance in our pursuit of sustainable economic growth."

The statement underscored that Dalio’s role is non-executive and advisory in nature, operating without formal ties or compensation, a model that reflects his similar engagements with other governments and philanthropic efforts worldwide.

Dalio’s reaffirmation is also seen as a vote of confidence for President Prabowo’s administration, which has made economic transformation and strategic foreign partnerships a central pillar of its agenda. His informal counsel is expected to help bolster investor sentiment and support Indonesia’s ambitions to become a regional investment hub.

“The foundation of this collaboration is strong, and will continue to support Indonesia’s journey toward unlocking the full potential of its strategic sectors,” Danantara cited.