Banker formally launches $1b Indonesia fund
A new Indonesian merchant banking operation plans to raise a $1 billion private equity fund that will target investments in the country. If successful, it would be the largest ever Indonesia-focused fund as well as one of the largest vehicles of its type in Southeast Asia.
Regulatory approval for the Java Fund is expected towards the end of the first quarter, after which further information will be disclosed regarding the organizational structure of the fund and its executive...
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