KUALA LUMPUR: The Retirement Fund Inc (KWAP) has won the Investment category at the Pensions and Investments (P&I) WorldPensionSummit Excellence & Innovation Awards for its RM6 billion Dana Pemacu initiative.
Launched in May 2024, Dana Pemacu channels long-term institutional capital into high-growth Malaysian companies and priority sectors, including energy transition, healthcare and the digital economy.
The award was presented on Nov 5 at the annual P&I WorldPensionSummit in The Hague, Netherlands.
Dana Pemacu's co-general partner (co-GP) model, which pairs global investment firms with Malaysian fund managers, offers other pension funds an example of how to build local investment capabilities while maintaining rigorous investment standards.
