Join the Indonesia PE-VC Summit 2024 on January 25 at The Langham in Jakarta to meet and hear from four leaders who are bullish on investment opportunities in SE Asia’s top market.
Despite the current global economic uncertainties, Indonesia remains an attractive investment destination due to its size, rapid economic growth, and relatively supportive regulations.
Furthermore, as digital adoption cuts across new-age and mainstream sectors, new business models are emerging that are enabling the structural shifts between online and offline to provide access to goods and services to consumers.
Indonesia presents a long runway of investment opportunities for private equity investors given that it is SE Asia’s largest consumer market coupled with the demand for capital to fuel a plethora of sectors including infrastructure, financial services, and healthcare among others.
Our top leaders will share their insights on the case for private capital play in Indonesia despite a challenging exit landscape.
Do save your spot to take away vital insights on private equity, impact investment and private credit strategies from top players bullish on the market.
Meet the speakers
- Amit Kunal, Managing Partner, Growtheum Capital Partners
Amit Kunal is the managing partner at Growtheum Capital Partners, the Singapore-based private equity firm that secured the final close of its debut fund at $567 million.
Growtheum SEA Fund I, which will invest in Southeast Asia and India, has invested in Indonesia’s dairy products maker KIN Dairy, e-grocery platform AlloFresh, digital lender Bank Allo, hospital group Mitra Plumbon Healthcare Group, and IDP, among others. The firm deploys cheque sizes of between $50 million and $350 million. Previously, Kunal was the managing director and Head of Direct Investment Group, Southeast Asia, at GIC where he led private equity investments in the region.
- Rohit Anand, Regional Head (SE Asia) and Head of Infrastructure Equity, Asia; British International Investment
The UK-based development finance institution British International Investment (BII) has earmarked over $600 million for climate-related investments in SE Asia through 2026 and intends to allocate around half of it for debt investments. The remaining capital will be earmarked for direct equity investments and select fund investments. In 2023, Anand made a transition from his role as BII’s director and head of infrastructure equity for South Asia based in London, to his new position as regional head for Southeast Asia and head of infrastructure and climate (Asia), based in Singapore. In May, BII invested $15 million in SUSI Asia Energy Transition Fund (SAETF), which is managed by Swiss firm SUSI Partners, marking its first commitment in Southeast Asia under the current 2022-26 investment strategy.
- Pandu Sjahrir, Managing Partner, Indies Capital Partners
Pandu Sjahrir is one of Southeast Asia’s leading investors in the seed and early growth stages. He is a Managing Partner of Indies Capital, an alternative asset manager in South East Asia, with a focus on Indonesia. The firm has invested over $700 million in the past 7 years, and currently manages over $600 million in total assets, commitments and co-investments, on behalf of institutional investors and private clients.
Indies Capital Partners manages Indies Special Opportunities, the leading mezzanine and structured equity provider in the region, Indies Pelago Investments, the leading secondary tech fund in Southeast Asia. Indies Capital is in the market to raise $250 million for its credit fund for Southeast Asia. Indies Capital’s credit fund typically invests in high-growth, digital transformative, and high-margin companies in logistics, digital infrastructure, consumer, commercial property, and new economy sectors. It counts Indonesia’s last-mile delivery startup Sicepat among its portfolio firms.
- Rodney Muse, Co-Managing Partner, Navis Capital
Rodney Muse is one of the two managing partners at Navis Capital, where he leads investment teams in making, monitoring and exiting investments and sits on the boards and/or executive committees of several portfolio companies.
He has been active in many of Navis’ investments in consumer goods, food, business services, industrial goods and services. Navis Capital Partners plans to launch its ninth vehicle early next year and is targeting to raise around $1 billion. Navis has also joined a host of regional asset managers to pursue opportunities in Asia’s private credit. The firm is targeting a $300-million corpus for its maiden credit fund.
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