Indonesia is an attractive market for private equity investors thanks to its strong macro fundamentals, but sourcing large-cap deals remains a protracted process as family owners look for partners they can trust
The Indonesia Stock Exchange has seen the first IPOs of domestic tech start-ups in Kioson and M Cash. The appeal of these listings may lie chiefly on the non-financial side
Provident Capital has joined a consortium of investors in a bid to acquire Finders Resources that values the Indonesian mining project developer at about A$177.7 million ($138 million).
With private equity executives playing an unprecedented role in the Trump administration, the advantages that PE can bring to government – and vice versa – has come into the spotlight
Saratoga Capital's Sandiaga Uno is the latest Indonesian PE professional to enter public service following his election as deputy governor of Jakarta. This trend is a function of a relatively shallow talent pool
Sandiaga Uno, one of the founding partners of Indonesia-focused GP Saratoga Capital, has been elected deputy governor of Jakarta. Uno and his running mate Anies Baswedan (pictured right, with Uno), a former education minister, secured a comprehensive...
While the number of GPs active in Indonesian venture capital has mushroomed in recent years, there has been no change on the private equity side. The market suffers from talent and perception issues
Indonesia’s resources sector has proven a socially and politically tumultuous investment environment in recent years. GPs are monitoring the headline issues and maintaining long-term confidence
Singapore-based alternative credit investor Pierfront Capital has committed $25 million to Merdeka Copper Gold, an Indonesia-based operator of copper and gold mines backed by Saratoga Capital and Provident Capital.
While Indonesia’s VC industry is taking off, private equity firms have found the last few years challenging due to economic headwinds. GPs are now feeling most positive, thanks in part to government policy
Sandiaga Uno, one of the founding partners at Indonesia-focused GP Saratoga Capital, is scaling back his formal corporate roles with a view to launching a career in politics.
Saratoga Capital is focusing on infrastructure opportunities in Indonesia with a particular emphasis on power and telecommunications, according to Sandiaga Uno, one of the firm’s founding partners
Having promised a massive increase in infrastructure spending, Indonesia’s government wants foreign investors to help move projects along. Private equity players see opportunities, but also risks
Saratoga Capital is planning to raise $100 million through an IPO for Indonesian copper and gold miner Merdeka Serasi Jaya (MSJ) in the second half of this year.
Private equity investors in Indonesia will see slow growth in the immediate future but the economy is showing signs for growth, in part due to reforms introduced by the new government, according to Sandiaga Uno, co-founder of Saratoga Capital.
Indonesia’s middle market is a proxy for the robust services sector, but it is difficult for investors to penetrate and deal flow has been slow in recent years. Are we are about to see more?
Indonesia-focused GP Saratoga Capital has lost two of its five partners, with Eri Reksoprodjo departing the firm at the end of December and Nigel Khoo scheduled to leave in February.
Fifteen months ago this space was used to pour water on the notion of Asian private equity firms going public.
With bumper LBOs few and far between, banks see limited opportunities for leveraged finance in Indonesia. And in the prevailing economic climate, they aren’t generous at acquisition or operating company level
Indonesia appears to have weathered the worst of its recent economic storms, but the route towards long-term sustainable growth has yet to be mapped out. PE investment theses rely on sensible navigation
Kendall Court has acquired Intrepid Mines’ interest in the Tujuh Bukit copper-gold project in Indonesia for $80 million, ending the Australia-listed resources company’s long-running ownership dispute over the asset.
While corruption is pervasive in emerging markets, GPs in Southeast Asia have found ways to profit from the imperfections.
There is substantial demand for infrastructure investment in Indonesia and plenty of opportunities to participate, yet progress is slow. Does the does the sector still hold promise for private equity?
ASEAN integration is a game changer for companies from China and India as well as for those in Southeast Asia, but a lack of familiarity with private equity in more peripheral markets remains an obstacle, fund managers told the AVCJ Singapore forum.