PE seeks post-election certainty in Indonesia – AVCJ Forum
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.
"There is a lot of wait and see before taking the plunge," Veronica Lukito, CEO of Ancora Capital, told the AVCJ Indonesia Forum in Jakarta yesterday. "A lot of people have it in the back of their minds...
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