Indonesia is calling it “impact investing.” In fact, it is not. The country’s new sovereign fund, Daya Anagata Nusantara, better known as Danantara, has been presented as a vehicle to align financial returns with national development goals. In practice, it looks far closer to a more assertive form of state capitalism, repackaged in the language […]The post Danantara’s ‘impact investing’ is really just state capitalism appeared first on Asia Times.