The Growing Reach of Indonesia Sovereign Wealth: Bloomberg Deals

Hi, it’s Elffie Chew in Singapore. I’ve been in touch with the CIO of Indonesia’s sovereign wealth fund INA to find out more about the key areas it’s targeting. Also today, Siemens agrees to its biggest buy and KKR targets a new buyout fund.

Today’s top stories

• Siemens agrees to buy software group Altair for $10 billion.
• Saudi Arabia nears deal to take over $4 billion Olam unit.
• KKR’s $20 billion goal tests investor appetite for buyout funds.
• Global Switch weighs selling control of $2 billion UK unit.
• Activist Elliott boosts Southwest interest to 11.3% after truce.

Diversifying efforts

After ...