SSG Capital Partners has closed its third Asia special situations fund at the hard cap of $915 million after approximately five months in the market.
Supported by Standard Chartered, Indonesia-based Navigat has evolved from a gas power equipment distributor into a fully-fledged independent power provider, serving geographies that others can’t reach
The Carlyle Group has opened has expanded its Asia presence to Indonesia, opening an office in Jakarta, its ninth in the region.
International Finance Corporation (IFC) will partner clean energy-focused investor Asia Green Capital Partners (AGCP) in backing renewable energy projects in Southeast Asia, particularly Indonesia.
Indonesia-focused PE firm Mahanusa Capital and Gunung Sewu Group have invested $21 million in Navigat Group, a distributed power plant developer and power equipment distributor in Southeast Asia.
Investors often cite elections as impediments to deal flow, as applications are delayed or applications held over until votes are counted. With Indonesia and India preparing for elections, what does it mean for PE?
Private equity investors are playing wait-and-see in Indonesia ahead of the country’s parliamentary and presidential elections this year, but they expect activity to rebound, in part driven by a more favorable economy and moderating valuations.
Creador is in the process of raising its second fund, which has a target of $250 million, to be deployed in Indonesia, Malaysia and India. CEO Brahmal Vasudevan explains where the firm is investing and why
With bumper LBOs few and far between, banks see limited opportunities for leveraged finance in Indonesia. And in the prevailing economic climate, they aren’t generous at acquisition or operating company level
E-commerce has emerged as the star of Indonesia’s expanding start-up space. Early-stage investors are scrambling to fill their shopping carts, but you have to pick the right spots and deploy the right resources
Indonesia appears to have weathered the worst of its recent economic storms, but the route towards long-term sustainable growth has yet to be mapped out. PE investment theses rely on sensible navigation
Limited partners around the globe are now returning to private equity opportunities in developed Western markets, especially those of the US, a number of recent surveys indicate. Asian private equity, and Southeast Asia in particular, has fallen a few...
Intrepid Mines was left with choice: continue to participate in the Tujuh Bukit copper-gold project in Indonesia as a minority investor, or sell up. It wasn't a choice the Australian resources company had envisaged making when it agreed to assume control...
CVC Capital Partners has raised IDR2.49 trillion ($215 million) by trimming its stake in Indonesian retailer Matahari Department Store. This follows a $1.3 billion share sale last year by the PE firm and its local partner, the Riady family’s Lippo Group.
Baring Private Equity Asia has sold its 41.65% stake in air freight and passenger services provider Cardig Aero Services (CAS) to Singapore Airport Terminal Services (SATS) for IDR1.1 billion ($93.5 million). The PE firm invested approximately $41 million...
Kendall Court has acquired Intrepid Mines’ interest in the Tujuh Bukit copper-gold project in Indonesia for $80 million, ending the Australia-listed resources company’s long-running ownership dispute over the asset.
500 Startups and existing investors Gree Ventures have together invested in Bukalapak, an Indonesian e-commerce marketplace, alongside two Japanese strategic investors: price comparison site Aucfan.com and digital marketing firm IREP.
Rocket Internet’s price comparison platform, PricePanda, has raised $3 million from German retailer Tengelmann Group to expand its Southeast Asia footprint. It currently operates in Malaysia, Philippines, Indonesia and Singapore.
Indonesian conglomerate The Bakrie Group has reportedly led a $25 million Series C round of funding for Path, a San Francisco-based social network platform. Existing investors also participated in the round, including Greylock Partners, KPCB, Index Ventures,...
KKR has reached a final close of $2 billion on its KKR Special Situations Fund (KSSF), double its original target of $1 billion. It will make distressed and event-driven investments in Europe, Asia and North America.
Blitzmegaplex, an Indonesian movie theater chain backed by Quvat Management, is targeting an IPO in the first quarter of 2014 as it seeks to raise capital for expansion.
Indonesian online babycare retailer Bilna.com has raised a new round of funding led by Digital Garage Incubation, with participation from Golden Gate Ventures, Japanese animation studios TMS Entertainment and existing investors Cyber Agent Ventures and...
Foreign investors will be able to take larger stakes in Indonesia’s power, advertising and pharmaceuticals sectors as part of efforts to boost the country’s slowing economy. The changes require formal presidential endorsement before they can come...