Carlyle hires UBS banker to open Indonesia office – report
The Carlyle Group plans to become the first global buyout firm to open an Indonesia office and has hired a banker from UBS to lead its efforts in a country that has so proved difficult to navigate for many larger PE players. Carlyle completed its first investment in Indonesia last year after several years of thwarted efforts.
According to Reuters, Rajiv Louis, who has a decade of M&A experience in Indonesia, will serve as country head. His past deals include advising on Carlyle's acquisition of a minority stake in telecom towers...
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