Holm plans to tap Indonesia’s rich
There is no shortage of Indonesia-focused funds seeking capital. Of the established players, Northstar Pacific has already completed fundraising and Saratoga is on course for a final close this year. At least five other first-time GPs are currently in the market but despite general investor enthusiasm for Indonesia, none of them have announced a first close.
So what does a debutant do? Chad Holm's solution is to target local high net worth individuals, with institutional money little or no role. A seasoned M&A practitioner in the region from his days with...
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