The Government Investment Unit of Indonesia, also known as the Indonesia Investment Agency or Pusat Investasi Pemerintah (PIP), is a sovereign wealth fund managed by the country’s Ministry of Finance. Established in 2006 with a balance of $340 million, the PIP invests in a variety of asset classes such as equity, debt, infrastructure and direct investments.[1] Some of the PIP’s goals are to increase macroeconomic stability, economic growth, and government investment and it aims to follow in the successful footsteps of Singapore’s Temasek Holdings and Malaysia’s Khazanah Nasional.[1]