While Indonesia’s VC industry is taking off, private equity firms have found the last few years challenging due to economic headwinds. GPs are now feeling most positive, thanks in part to government policy
Sandiaga Uno, one of the founding partners at Indonesia-focused GP Saratoga Capital, is scaling back his formal corporate roles with a view to launching a career in politics.
Saratoga Capital is focusing on infrastructure opportunities in Indonesia with a particular emphasis on power and telecommunications, according to Sandiaga Uno, one of the firm’s founding partners.
Having promised a massive increase in infrastructure spending, Indonesia’s government wants foreign investors to help move projects along. Private equity players see opportunities, but also risks
Saratoga Capital is planning to raise $100 million through an IPO for Indonesian copper and gold miner Merdeka Serasi Jaya (MSJ) in the second half of this year.
Private equity investors in Indonesia will see slow growth in the immediate future but the economy is showing signs for growth, in part due to reforms introduced by the new government, according to Sandiaga Uno, co-founder of Saratoga Capital.
Indonesia’s middle market is a proxy for the robust services sector, but it is difficult for investors to penetrate and deal flow has been slow in recent years. Are we are about to see more?
Indonesia-focused GP Saratoga Capital has lost two of its five partners, with Eri Reksoprodjo departing the firm at the end of December and Nigel Khoo scheduled to leave in February.
Fifteen months ago this space was used to pour water on the notion of Asian private equity firms going public.
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
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
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.
While corruption is pervasive in emerging markets, GPs in Southeast Asia have found ways to profit from the imperfections.
There is substantial demand for infrastructure investment in Indonesia and plenty of opportunities to participate, yet progress is slow. Does the does the sector still hold promise for private equity?
ASEAN integration is a game changer for companies from China and India as well as for those in Southeast Asia, but a lack of familiarity with private equity in more peripheral markets remains an obstacle, fund managers told the AVCJ Singapore forum.
A vehicle containing legacy assets that predate Saratoga Capital’s institutional funds has raised $151 million through an IPO in Indonesia. Saratoga Investama Sedaya (SIS), which is controlled by the private equity firm’s founders, Sandiaga Uno and...
For all the foreign strategic interest in Indonesia’s financial services sector, most deals are thwarted due to a huge gap in price expectations. PE investors are steering clear of the mainstream and looking for niche value
Mitra Pinasthika Mustika (MPM), the Indonesian motorcycle distributor in which Affinity Equity Partners and Saratoga Capital invested around $100 million last year, is looking to boost its car rental business. The comes as the company prepares to raise...
Indonesian GP Saratoga Capital is said to be the leading candidate to buy a combined 41.4% stake in Bank Bukopin.
Saratoga Capital-owned Mandala Airlines plans to quadruple the size of its fleet by 2014 in order to boost its share of a rapidly expanding Indonesian aviation market, driven by the country’s emerging middle class.
Indonesia has emerged as the next big thing in Asian PE, but there are concerns about rising valuations and whether the market is deep enough to meet expectations. Industry participants share their views
Indonesian private equity will remain intensely competitive at the larger end of the market as regional and global buyout firms compete for a limited number of deals, industry participants told the AVCJ Indonesia Forum in Jakarta today.
Sandiaga Uno and Kay Mock, founding partners of Saratoga Capital, transformed a family office into a private equity firm on the back of strong growth and sound investments in Indonesia
Indonesia has become a priority for global and regional PE firms looking to source deals in a high-growth market. The first step is finding the right people, and it’s not easy