Quvat's Tom Lembong made Indonesia trade minister
Tom Lembong, former CEO and managing partner of Quvat Capital, has been made Indonesia's trade minister as part of a broader cabinet reshuffle by President Joko Widodo.
Lembong co-founded Indonesia-focused Quvat in 2006. The GP closed two funds in 2006 and 2008 that raised $150 million and $350 million, respectively. According to AVCJ Research data, a third fund was...
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