Trusted Insighthttp://thetrustedinsight.com/2017-09-21T07:51:06.579004-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
East Ventures Launches $30M Indonesia-Focused Fund
2017-09-21T07:51:06.579004-04:00https://www.thetrustedinsight.com/investment-news/east-ventures-launches-indonesia-focused-30-mn-fund-20170921473/
Singapore-based VC firm East Ventures has launched a $30 million investment fund. This is the sixth fund launched by the VC firm. The fund will look for Seed to Series A technology startups in Southeast Asia. It will focus on Indonesia to leverage on the fund’s local expertise.
Indonesia Boasts A Thriving Startup Ecosystem
2017-09-20T07:26:06.758331-04:00https://www.thetrustedinsight.com/investment-news/google-report-indonesian-startups-raised-3-bn-in-53-investment-deals-20170920341/
In the first eight months of 2017, Indonesian startups collectively raised $3 billion in 53 investment deals, as per a report by Google and management consulting firm AT Kearney. According to the study, titled “Indonesia Venture Capital Outlook 2017”, investment in the country’s startup market jumped 68 times in the last five years to around $1.4 billion in 2016.
Indonesian VC Funding Slowed, Startups Decreased
2017-07-31T10:26:22.236129-04:00https://www.thetrustedinsight.com/investment-news/indonesian-vc-funding-slowed-startups-decreased-20170731244/
VC funding activity in the Indonesian startup market slowed in the first half of 2017, many local VCs observed, noting a ‘significant’ decrement in the number of investable startups. As Indonesian VCs evolve, and after seeing a growing number of their portfolio companies shutting down, they are now beginning to realize that growth isn’t everything. Here's why.
Assessing Competitive Barriers To Entry: DST Global's Partner | Podcast
2017-07-26T10:04:58.064834-04:00https://www.thetrustedinsight.com/investment-news/assessing-competitive-barriers-to-entry-dst-globals-partner-podcast-20170726196/
Rahul Mehta, managing partner at DST Global, discusses how he leads the firm's efforts in the U.S., Indonesia and India, how he transitioned from tech investment banking to one of the leading growth funds and how to assess competitive barriers to entry.
10 Most Important Reads Of The Week - June 16, 2017
2017-06-16T12:19:48.358995-04:00https://www.thetrustedinsight.com/investment-news/10-most-important-reads-of-the-week-june-16-2017-20170616358/
<span style="font-size: 13px;">It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.</span>
Billionaire Tim Draper Shifts Attention From China To Indonesia
2017-06-12T11:41:40.588697-04:00https://www.thetrustedinsight.com/investment-news/billionaire-tim-draper-shifts-attention-from-china-to-indonesia-20170612239/
Tim Draper is a billionaire investor and founder of VC firm Draper Fisher Jurvetson. Draper sees opportunities in Indonesia, especially with bitcoin and blockchain technology, as entrepreneurs take advantage of a lack of modern banking infrastructure to build their own.
Mizuho Financial Group To Establish $252M Fund
2017-04-11T14:02:14.062750-04:00https://www.thetrustedinsight.com/investment-news/mizuho-financial-group-to-establish-252m-fund-20170411454/
Mizuho Financial Group will set up an US$252 million (28 billion Japanese yen) investment fund early this summer to invest in small- and medium-sized companies in Southeast Asia. The fund is targeting businesses in countries such as Viet Nam, Indonesia and Malaysia. Each selected SME will receive around $9 million (1 billion yen).
Coal India Actively Looking To Invest In Coal Assets In Australia
2017-04-06T10:46:30.657388-04:00https://www.thetrustedinsight.com/investment-news/coal-india-actively-looking-to-invest-in-coal-assets-in-australia-20170406262/
<p>Coal India Ltd is actively looking to acquire coking coal assets in Australia, a senior company official told Reuters, as the country looks to beef up its foreign coal assets.</p>
<p>The state-controlled company, which in January also listed the United States, Columbia, Canada and Indonesia as target destinations for investment, is currently zeroing in on Australia and South Africa, the Coal India official said.</p>
<p>The world's top coal miner is looking at investing in coking coal assets in Australia "a little more actively," the official said.</p>
<p>India's coal minister Piyush Goyal said in February the company planned to acquire coking coal assets abroad as India lacked technology to economically develop local reserves, and that a rise in coking coal prices was encouraging for foreign acquisitions.</p>
Asia’s Coal Markets Tighten On Indonesia Port Probe, Australian Cyclone
2017-03-30T15:33:04.217093-04:00https://www.thetrustedinsight.com/investment-news/asias-coal-markets-tighten-on-indonesia-port-probe-australian-cyclone-20170330035/
Port disruptions in Indonesia and a cyclone hitting mines in Australia have tightened Asia’s coal markets in March, while demand in China and other key import markets remains strong, lifting prices. Prompt thermal coal cargo prices for export from Australia’s Newcastle port have risen by more than 11 percent since March 10, partly reversing a ...
CPPIB, Caisse To Invest In Singapore, Indonesia Warehouses: Reuters
2017-03-13T10:02:20.789341-04:00https://www.thetrustedinsight.com/investment-news/cppib-caisse-to-invest-in-singapore-indonesia-warehouses-reuters-20170313397/
Canada’s two biggest pension funds have agreed to partner with LOGOS, a real estate logistics operator, to invest in warehouses in Singapore and Indonesia, betting on demand from the rise of e-commerce and a burgeoning middle class in southeast Asia.<br />
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Canada Pension Plan Investment Board (CPPIB), the top pension fund of the country, said in a statement it will initially commit S$200 million (US$142 million) for an about 48 percent stake in LOGOS Singapore Logistics Venture.
Uber Agreed To, Then Scrapped, A Non-Compete Deal With Indonesian Unicorn Go-Jek
2017-03-07T16:02:07.782838-05:00https://www.thetrustedinsight.com/investment-news/uber-agreed-to-then-scrapped-a-non-compete-deal-with-indonesian-unicorn-go-jek-20170307208/
Uber may have a reputation for steamrolling its competitors, but it can be conciliatory at times. In 2015, a year before its retreat from China via the sale of its Chinese business to rival Didi, the U.S. company agreed to a non-compete deal with Go-Jek, a fast-growing on-demand service from Indonesia that’s valued at over $1 billion, TechCrunch has learned.
Indonesia Is A Venture Investment Opportunity Like China Was In 2008
2017-01-30T12:06:06.059514-05:00https://www.thetrustedinsight.com/investment-news/indonesia-is-a-venture-investment-opportunity-like-china-was-in-2008-20170130942/
Most investors would jump at the chance to go back in time and invest in a sure thing. Imagine having the opportunity to time travel to China in 2007 or 2008 to make an early-stage stake investment in a startup like Alibaba, now a publicly-traded online giant valued at more than $250 billion.
Philippines: Ayala Invests In $150M Indonesia Wind Farm Project
2017-01-11T16:25:05.430227-05:00https://www.thetrustedinsight.com/investment-news/philippines-ayala-invests-in-150m-indonesia-wind-farm-project-20170111330/
Called Sidrap Project, it is the first utility-scale wind farm project in Indonesia targeted to have a generating capacity of 75 MW and is expected to be completed before 2017 ends.
Hong Kong Private Equity Firm Drawn To Southeast Asian Property
2016-12-06T14:54:51.547678-05:00https://www.thetrustedinsight.com/investment-news/hong-kong-private-equity-firm-drawn-to-southeast-asian-property-20161206109/
<p>A Hong Kong-based private equity firm specialising in real estate is eyeing opportunities in South-east Asia, particularly Singapore, Indonesia and the Philippines.</p>
<p>Its managing partner and chief investment officer Samuel Chu told The Straits Times yesterday: "The market is changing, and volatility - both political and financial - will continue. The key is to diversify your portfolio; you have to be rational in this irrational environment."</p>
Indonesia: LMIR Trust To Acquire Lippo Mall Kuta For $59.8M
2016-12-06T10:30:12.004848-05:00https://www.thetrustedinsight.com/investment-news/indonesia-lmir-trust-to-acquire-lippo-mall-kuta-for-598m-20161206066/
The manager of Lippo Malls Indonesia Retail Trust (LMIRT) has agreed to purchase 69.59 per cent shares of Lippo Mall Kuta for Rp 800 billion ($59.8 million). The acquisition plan had been approved in an extraordinary general meeting recently.
Sovereign, Pension Funds Line Up To Invest Post Demonetisation
2016-11-29T11:09:42.117138-05:00https://www.thetrustedinsight.com/investment-news/sovereign-pension-funds-line-up-to-invest-post-demonetisation-20161129816/
The Reserve Bank of India (RBI) on Monday said that if deposits had been made in legal tender, then depositors could withdraw that amount over and ab...
Mandiri Capital Indonesia Will Inject $15M Into Startups Next Year
2016-11-21T09:08:20.499165-05:00https://www.thetrustedinsight.com/investment-news/mandiri-capital-indonesia-will-inject-15m-into-startups-next-year-20161121509/
Corporate venture capital (CVC) firm Mandiri Capital Indonesia (MCI) will inject up to Rp 200 billion ($15 million) into four to five startups this year.
How Sequoia, Others Think About India Versus Indonesia
2016-11-21T07:46:59.191906-05:00https://www.thetrustedinsight.com/investment-news/how-sequoia-others-think-about-india-versus-indonesia-20161121506/
India and Indonesia’s tech ecosystems have a lot in common. A popular thesis is that Indonesia lags five years behind and that we’ll see it follow a similar tech development trajectory.
Sequoia-Backed Bike-Taxi Startup Go-Jek Acquires Mobile App Developer Leftshift
2016-11-08T13:57:20.980644-05:00https://www.thetrustedinsight.com/investment-news/sequoia-backed-bike-taxi-startup-go-jek-acquires-mobile-app-developer-leftshift-20161108991/
<p>The acquisition is aimed at strengthening and upscaling Go-Jek’s product development, design, and engineering platforms to support its Indonesia operations.</p>
Convergence Ventures Closes $30M Indonesia-Focussed VC Fund
2016-11-01T12:18:03.054101-04:00https://www.thetrustedinsight.com/investment-news/convergence-ventures-closes-30m-indonesia-focussed-vc-fund-20161101614/
Indonesian VC firm Convergence Ventures has announced the final close of Convergence Capital I with over $30 million in commitments, or 20% higher than the original target of $25 million.
500 Startups-Backed Indonesia Live Streaming Platform Zeemi Goes Offline
2016-10-13T13:01:28.753352-04:00https://www.thetrustedinsight.com/investment-news/500-startups-backed-indonesia-live-streaming-platform-zeemi-goes-offline-20161013556/
Indonesian live streaming platform Zeemi.tv has announced that it will go offline for an indefinite period of time. It’s app will also come offline soon, according to the announcement on Zeemi’s website.
Convergence Ventures To Close $25M Final Fund This Week
2016-10-03T14:55:37.743711-04:00https://www.thetrustedinsight.com/investment-news/convergence-ventures-to-close-25m-final-fund-this-week-20161003079/
Convergence Ventures, one of Indonesia’s most active early-stage VC firms, is expecting to close its $25 million fund “very soon”, according to Adrian Li, managing partner and co-founder of the company.
Pricebook Secures Funding From KLab Ventures, Aucfan
2016-09-29T12:16:52.206906-04:00https://www.thetrustedinsight.com/investment-news/pricebook-secures-funding-from-klab-ventures-aucfan-20160929941/
Price comparison site Pricebook announced today that it has received funding from two Japan-based firms – KLab Venture Partners and Aucfan. This marks the third round of investment for Pricebook.
E-Commerce Startup Kudo Raises Funding From Emtek Group, Others
2016-09-14T16:57:05.686824-04:00https://www.thetrustedinsight.com/investment-news/e-commerce-startup-kudo-raises-funding-from-emtek-group-others-20160914171/
Indonesian e-commerce startup Kudo announced today that it has raised an eight-digit funding in an investment round led by media conglomerate Emtek Group.
HaloDoc Secures $13M Series A From Clermont, Gojek, Others
2016-09-09T11:51:30.303590-04:00https://www.thetrustedinsight.com/investment-news/halodoc-secures-13m-series-a-from-clermont-gojek-others-20160909880/
Indonesia’s first online healthcare application HaloDoc announced today that it has secured a series A round worth $13 million led by <a href="http://www.clermont.com/" target="_blank">Clermont Group</a>, a Singapore-based private investment firm.
Indonesia Evaluating Mining Rules As 2017 Deadline On Metal Exports Nears
2016-09-08T16:49:07.315288-04:00https://www.thetrustedinsight.com/investment-news/indonesia-evaluating-mining-rules-as-2017-deadline-on-metal-exports-nears-20160908870/
<p>Indonesia's mining ministry is scrambling to find a way around a deadline on mineral processing that could prevent some miners, including U.S. copper mining giant Freeport-McMoRan Inc, from exporting minerals from the country from 2017.</p>
<p>Under a government regulation introduced in 2014, miners of copper, zinc, lead, manganese and iron are restricted to exporting partially processed minerals until January 2017, after which only shipments of refined metals will be allowed.</p>
Holtzbrinck Ventures Leads $4M Series A In Lyke, An Indonesian Fashion Ecommerce App
2016-08-29T16:38:54.547961-04:00https://www.thetrustedinsight.com/investment-news/holtzbrinck-ventures-leads-4m-series-a-in-lyke-an-indonesian-fashion-ecommerce-app-20160829367/
The round is led by German venture capital firm Holtzbrinck Ventures, an early-stage investor that has backed several companies in Europe, including Groupon, Quandoo, and HelloFresh.
Temasek, Google Figures Show Indonesia Will Dominate Southeast Asian Ecommerce
2016-08-26T11:48:18.180371-04:00https://www.thetrustedinsight.com/investment-news/temasek-google-figures-show-indonesia-will-dominate-southeast-asian-ecommerce-20160826267/
Figures released by Google and Temasek show promising development in Indonesia online buying behavior.
Cooper Energy Seeks New Buyer For Tangai-Sukananti KSO In Sumatra
2016-08-24T12:35:06.275218-04:00https://www.thetrustedinsight.com/investment-news/cooper-energy-seeks-new-buyer-for-tangai-sukananti-kso-in-sumatra-20160824178/
Cooper Energy seeks buyer for its stake in the Tangai-Sukananti KSO in South Sumatra, Indonesia after the ACL-Lamara joint venture terminated the purchase transaction.
Telstra Ventures Seeks More Opportunities In South East Asia
2016-08-05T14:25:11.624659-04:00https://www.thetrustedinsight.com/investment-news/telstra-ventures-seeks-more-opportunities-in-south-east-asia-20160805159/
Telstra and Telkom Indonesia will jointly explore opportunities to invest in tech startups in South East Asia under a memorandum of understanding signed by the two companies’ venture arms.
Indonesia News App Baca Lands $20M Series B From Bertelsmann Asia, Others
2016-07-29T16:30:38.562493-04:00https://www.thetrustedinsight.com/investment-news/indonesia-news-app-baca-lands-20m-series-b-from-bertelsmann-asia-others-20160729804/
Indonesian news app Baca has raised more than $20 million of Series B investment from Chinese companies Bertelsmann Asia Investment (BAI), Crystal Stream, and CC Zhuang, according to its president director Jimmy Sie.
KKR, Warburg Pincus Negotiating $400M Funding For Indonesia's Go-Jek, A Ride Hailing App
2016-07-27T09:36:16.229271-04:00https://www.thetrustedinsight.com/investment-news/kkr-warburg-pincus-negotiating-400m-funding-for-indonesias-go-jek-a-ride-hailing-app-20160727586/
Indonesia’s most popular ride-hailing app Go-Jek is in negotiations with two of the world’s largest investment firms, KKR and Warburg Pincus, to raise funds totaling $400 million, according to several market sources, tracking the development.
PE Firm Creador To Back 3 Companies By Next Quarter
2016-07-18T13:43:29.847886-04:00https://www.thetrustedinsight.com/investment-news/pe-firm-creador-to-back-3-companies-by-next-quarter-20160718103/
<span style="line-height: 20.8px;">Southeast Asia and India-focused private equity (PE) firm Creador Capital Group is in the process of investing into three companies, one each in India, Indonesia and Malaysia</span>
Indonesia M&A Sees 72% Jump In H1, Significant Recovery In IPO, PE/VC Deals
2016-07-07T16:54:03.810490-04:00https://www.thetrustedinsight.com/investment-news/indonesia-ma-sees-72-jump-in-h1-significant-recovery-in-ipo-pevc-deals-20160707676/
Indonesia has recorded a 72 per cent increase in merger & acquisition (M&As) deal value in the first half of this year even as it sported a significant recovery in private equity and venture capital investments and IPOs compared to the same period last year, a Duff & Phelps report noted.
Crude Oil Recovery To Help Videocon Revive Oil & Gas Asset Sale
2016-06-13T15:08:55.582232-04:00https://www.thetrustedinsight.com/investment-news/crude-oil-recovery-to-help-videocon-revive-oil-gas-asset-sale-20160613391/
The conglomerate has 18 overseas oil and gas assets in Brazil, Indonesia and East Timor
Indonesian Investment Fund To Invest $147M In Infrastructure Projects
2016-05-31T14:20:11.065090-04:00https://www.thetrustedinsight.com/investment-news/indonesian-investment-fund-to-invest-147m-in-infrastructure-projects-20160531536/
Indonesia investment company and infrastructure developer PT Astratel Nusantara, will be investing Rp 2 trillion (US$147.06 million) in infrastructure projects in this year.
KinerjaPay Corp. Enters Partnership With Bitcoin Indonesia
2016-05-31T10:41:40.661584-04:00https://www.thetrustedinsight.com/investment-news/kinerjapay-corp-enters-partnership-with-bitcoin-indonesia-20160531485/
KinnerjaPay Corp., (OTCQB: KPAY), a digital payment and ecommerce platform, today announced that it has partnered with Bitcoin Indonesia to accept the bitcoin currency for transactions conducted on its platform.
Microsoft Indonesia To Partner Local VCs For Funding 20 Startups Annually
2016-05-26T15:50:27.009304-04:00https://www.thetrustedinsight.com/investment-news/microsoft-indonesia-to-partner-local-vcs-for-funding-20-startups-annually-20160526374/
Microsoft Indonesia has announced that it would partner with several local venture capital (VC) firms to help fund 15 to 20 startups per year, as part of its Indonesia M-Powered program that works with underprivileged children in remote areas.
Logistics Solutions Startup OpenPort Closes Series A, To Push Into Indonesia
2016-05-24T11:50:24.026155-04:00https://www.thetrustedinsight.com/investment-news/logistics-solutions-startup-openport-closes-series-a-to-push-into-indonesia-20160524166/
Mobile logistics solutions provider OpenPort has secured a Series A investment led by SIG Susquehanna and Caldera Pacific Ventures.
French Engie Eyes $500M Mop-Up From Energy Asset Sale In Malaysia, Indonesia
2016-05-11T14:00:14.170859-04:00https://www.thetrustedinsight.com/investment-news/french-engie-eyes-500m-mop-up-from-energy-asset-sale-in-malaysia-indonesia-20160511296/
Engie, which joins a number of European utilities in selling oil and gas exploration and production assets after a sharp drop in energy prices is looking to offload its oil and gas assets in Indonesia and Malaysia as a package
Indonesia OPEC Governor: No Urgency To Freeze Output With Oil At $45
2016-04-25T16:09:42.312103-04:00https://www.thetrustedinsight.com/investment-news/indonesia-opec-governor-no-urgency-to-freeze-output-with-oil-at-45-20160425231/
Indonesia's governor to the Organization of the Petroleum Exporting Countries says oil at $45 a barrel is "not bad" and warns there will be no urgency to freeze output if crude remains at that price.
Indonesia Lands $20.5B Investment In Energy & Industry From European Firms
2016-04-25T16:03:45.941260-04:00https://www.thetrustedinsight.com/investment-news/indonesia-lands-205b-investment-in-energy-industry-from-european-firms-20160425227/
Indonesia has sealed business agreements worth $20.5 billion from companies - representing three European countries - who will invest across energy, telecom, industrial and farm sectors during President Joko ‘Jokowi’ Widodo's recent official tour.
Does BHP Billiton Exit Signal The End For Indonesia?
2016-04-25T14:41:01.031938-04:00https://www.thetrustedinsight.com/investment-news/does-bhp-billiton-exit-signal-the-end-for-indonesia-20160425195/
<span style="line-height: 20.8px;">Unexpected move yesterday announced by one of the largest mining companies globally. Showing it may be bailing out of a country that used to be one of the world’s go-to minerals destinations.</span>
Power Firms Planning To Bid For Chevron’s $3B Asian Geothermal Energy Assets
2016-04-07T11:34:25.847906-04:00https://www.thetrustedinsight.com/investment-news/power-firms-planning-to-bid-for-chevrons-3b-asian-geothermal-energy-assets-20160407715/
Southeast Asian power firms Aboitiz and Banpu Power may bid for Chevron's assets as also Chinese power firms. The post Engie, Marubeni, Aboitiz, Banpu Power among those planning to bid for Chevron’s $3b Asian geothermal energy assets appeared first on DealStreetAsia.
Land-Based LNG Plant Could Save Inpex $6B In Indonesia
2016-03-23T11:24:39.193912-04:00https://www.thetrustedinsight.com/investment-news/land-based-lng-plant-could-save-inpex-6b-in-indonesia-20160323054/
By LNG World News A US$6 billion could be saved by Japan’s Inpex and Shell if Indonesia opts to build the Masela Abadi LNG facility on land instead of offshore, according to a government official.
Will Indonesia Replace Singapore And Malaysia As Regional Logistics Hub?
2016-03-19T10:30:15.209870-04:00https://www.thetrustedinsight.com/investment-news/will-indonesia-replace-singapore-and-malaysia-as-regional-logistics-hub-20160319834/
Indonesia is eyeing to take over the role of its neighboring countries as Southeast Asia’s main logistics hub as the country launched on Thursday its first-ever bonded logistics centers (PLB) that will ease the flow of basic materials in and out of the country.
China Should Invest More In Thailand Rail Project, Minister Says
2016-03-09T16:30:21.281936-05:00https://www.thetrustedinsight.com/investment-news/china-should-invest-more-in-thailand-rail-project-minister-says-20160309255/
The proposed line, part of China's efforts to expand infrastructure in Southeast Asia, would cover 845 kilometers from the Thai-Laos border to Thailand's industrial seaboard along the Gulf of Thailand.
OJK’s New Regulation On Licensing And Organization Of Venture Capital Companies
2016-03-06T15:30:17.551246-05:00https://www.thetrustedinsight.com/investment-news/ojks-new-regulation-on-licensing-and-organization-of-venture-capital-companies-20160306046/
OJK Issued a new regulation with regards to Venture Capital Companies. The new provision changes the licensing and organization of venture capital companies, and includes sharia law and sharia-based legal entities.
Ematic Solutions Raises Pre-Series A Funding From MDI Ventures
2016-03-06T09:30:22.256281-05:00https://www.thetrustedinsight.com/investment-news/ematic-solutions-raises-pre-series-a-funding-from-mdi-ventures-20160306022/
Ematic Solutions, a Singapore-headquartered software company helping marketers improve digital marketing channels, has raised nearly US$1 million in pre-Series A funding.
Mobile Startup Jana Gets $57M From Verizon Ventures For Expansion
2016-03-04T15:30:16.587558-05:00https://www.thetrustedinsight.com/investment-news/mobile-startup-jana-gets-57m-from-verizon-ventures-for-expansion-20160304951/
Mobile startup Jana has a new influx of cash and an old industry hand as a new adviser. It recently nabbed a $57 million funding from Verizon Ventures for expansion in developing countries.
Singapore-Based Ecommerce Marketing Startup Raises $1M To Enter Indonesia
2016-03-04T14:00:23.544279-05:00https://www.thetrustedinsight.com/investment-news/singapore-based-ecommerce-marketing-startup-raises-1m-to-enter-indonesia-20160304946/
The startup has just opened a new office in Jakarta as part of its regional expansion.
Oaktree Worst Impacted By Australia's Future Fund Cuts Back From Its PE Portfolio
2016-03-01T09:30:09.508367-05:00https://www.thetrustedinsight.com/investment-news/oaktree-worst-impacted-by-australias-future-fund-cuts-back-from-its-pe-portfolio-20160301729/
The Future Fund, Australia’s sovereign wealth investment firm, has been cutting back on its private equity portfolio and US investment powerhouse Oaktree Capital is the latest to feel the impact.
US Venture Firm Fenox Joins Forces With Japan’s Infocom Corporation To Launch Startup Accelerator In Jakarta
2016-02-29T17:00:12.579871-05:00https://www.thetrustedinsight.com/investment-news/us-venture-firm-fenox-joins-forces-with-japans-infocom-corporation-to-launch-startup-accelerator-in-jakarta-20160229714/
US's Fenox Venture Capital (Fenox) and Japanese IT services provider Infocom Corporation are joining forces to launch a first-of-its-kind startup accelerator in Indonesia, the GnB Accelerator.
IFC To Invest $25M In Online Eyewear Startup Lenskart For Its Offline Expansion Into 100 Cities In India
2016-02-29T16:30:26.039853-05:00https://www.thetrustedinsight.com/investment-news/ifc-to-invest-25m-in-online-eyewear-startup-lenskart-for-its-offline-expansion-into-100-cities-in-india-20160229713/
In December, it raised $22 million in a series C round from TPG Capital, Hong Kong-based TR Capital and existing investor IDG Ventures, that valued the firm at around $100 million.
Uber Alles No More? The First Cab App Off The Rank Runs Into Traffic
2016-02-25T11:30:11.666704-05:00https://www.thetrustedinsight.com/investment-news/uber-alles-no-more-the-first-cab-app-off-the-rank-runs-into-traffic-20160225482/
The taxi-hailing tech firm has a higher valuation than General Motors. But there's trouble in China and competitors are beginning to get organised too. Is the shine coming off the world's most valuable start-up?
GIC To Invest S$540M In Retail Arm Of Indonesia's CT Corp
2016-02-24T10:22:07.126671-05:00https://www.thetrustedinsight.com/investment-news/gic-to-invest-s540m-in-retail-arm-of-indonesias-ct-corp-20160224426/
<p>Singapore sovereign wealth fund GIC has inked a deal to invest 5.2 trillion rupiah (S$540 million) in Trans Retail, the main retail arm of Indonesian conglomerate CT Corp.</p>
New OJK Regulation On Licensing And Organization Of Venture Capital Companies
2016-02-20T12:00:12.145890-05:00https://www.thetrustedinsight.com/investment-news/new-ojk-regulation-on-licensing-and-organization-of-venture-capital-companies-20160220280/
The venture capital sector was regulated under Minister of Finance Regulation No. 18/PMK.010/2012 on Venture Capital Companies. However, OJK re-regulates the sector to revitalize venture capital business in Indonesia.
Google Acquihires Work Chat Startup Pie To Build Engineering Team In Southeast Asia
2016-02-19T15:00:13.341206-05:00https://www.thetrustedinsight.com/investment-news/google-acquihires-work-chat-startup-pie-to-build-engineering-team-in-southeast-asia-20160219245/
The acquisition was undisclosed — both Pie founder and CEO Pieter Walraven and Google declined to comment on the price of the deal. The deal, which is an acquihire, has been made to boost a new Google team that will focus on developing products for Southeast Asia in the same way that Google has done in India over the past year.
Indonesia Bourse, Industry Body To Set Up Incubators To Get Startups IPO-ready
2016-02-18T10:12:19.737049-05:00https://www.thetrustedinsight.com/investment-news/indonesia-bourse-industry-body-to-set-up-incubators-to-get-startups-ipo-ready-20160218147/
IDX and OJK are in talks to set up a special board for SMEs or startup companies. The post Indonesia bourse, industry body to set up incubators to get startups IPO-ready appeared first on DealStreetAsia.
This Venture Capital Firm Is Trying Something Different: Supporting The Public Sector
2016-02-16T13:19:20.498533-05:00https://www.thetrustedinsight.com/investment-news/this-venture-capital-firm-is-trying-something-different-supporting-the-public-sector-20160216089/
East Ventures is set on injecting a bit of startup mentality into the Indonesian public sector. It may pay off somewhere down the line.
Five Foreigners In Top Asian Infrastratucture Investment Bank Positions
2016-02-08T15:30:11.107925-05:00https://www.thetrustedinsight.com/investment-news/five-foreigners-in-top-asian-infrastratucture-investment-bank-positions-20160208712/
The Asian Infrastructure Investment Bank (AIIB) has appointed five non-Chinese top officials, the China-backed lender said yesterday, following vows that it would be an international institution and not be used to boost Beijing's influence.
Exclusive: Indonesia VC Kejora Group To Raise $80M Second Fund
2016-02-01T16:00:21.987181-05:00https://www.thetrustedinsight.com/investment-news/exclusive-indonesia-vc-kejora-group-to-raise-80m-second-fund-20160201296/
Indonesian venture capital firm Kejora Group has hired Eri Reksoprodjo, formerly of PT Saratoga Capital Management, LLC, as a partner as it looks to raise up to $80 million for its second institutional fund.
Govt Serious In Boosting Effort To Raise Sabah’s Reserve Margin
2016-01-28T10:00:14.120885-05:00https://www.thetrustedinsight.com/investment-news/govt-serious-in-boosting-effort-to-raise-sabahs-reserve-margin-20160128117/
KOTA KINABALU: The government is striving to raise Sabah’s energy reserve margin to 25 per cent in the next five to seven years from between six and eight per cent. Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili said with a 25 per cent reserve margin, Sabah would be able to reduce […]
Indonesia: Bank Mandiri Launches VC Unit, Targets Investments In Fintech
2016-01-27T15:00:13.029165-05:00https://www.thetrustedinsight.com/investment-news/indonesia-bank-mandiri-launches-vc-unit-targets-investments-in-fintech-20160127088/
PT Bank Mandiri Tbk (BMRI), Indonesia’s largest bank in terms of assets, has launched a venture capital business unit PT Mandiri Capital Indonesia (MCI), to invest in promising financial technology (fintech) startups.
China’s Hunger For Commodities Wanes, And Pain Spreads Among Producers
2016-01-11T13:46:58.538698-05:00https://www.thetrustedinsight.com/investment-news/chinas-hunger-for-commodities-wanes-and-pain-spreads-among-producers-20160111343/
<span style="line-height: 20.8px;">For years, China voraciously gobbled up all manner of metals, crops and fuels as its economy rapidly expanded. Countries and companies, fueled by cheap debt, aggressively broadened their operations, betting that China’s appetite would grow unabated.</span>
Mining Tycoon Tinkler Stays Believer On Coal's Future
2016-01-06T17:52:19.411047-05:00https://www.thetrustedinsight.com/investment-news/mining-tycoon-tinkler-stays-believer-on-coals-future-20160106162/
Former mining tycoon Nathan Tinkler is betting on a strong future for coal in Australia, despite plummeting coal prices and the increasing global focus on limiting climate change.
Foreign Venture Capital Funds Obliged To Join With Local Indonesian Companies
2016-01-05T17:11:18.675182-05:00https://www.thetrustedinsight.com/investment-news/foreign-venture-capital-funds-obliged-to-join-with-local-indonesian-companies-20160105062/
OJK commissioner Firdaus Djaelani welcomed the fast-growing investment environment that venture capital funds had brought to support startup companies in Indonesia. However, he expressed his concern about the limited market that local venture capital funds could win.
Indonesia 2015: A Comeback Year For Private Equity
2016-01-04T17:21:32.601888-05:00https://www.thetrustedinsight.com/investment-news/indonesia-2015-a-comeback-year-for-private-equity-20160104996/
Private equity activity in Indonesia posted a sharp recovery in 2015 with over two dozen deals accounting for investments worth $432.5 million as opposed to $230-million fund-raise spread across just six transactions in 2014.
Vietnam, Indonesia Boost Agriculture Partnership
2015-12-29T09:41:53.512985-05:00https://www.thetrustedinsight.com/investment-news/vietnam-indonesia-boost-agriculture-partnership-20151229825/
Vietnam and Indonesia could further cooperation in agriculture, especially reducing poverty, developing rural areas and addressing natural disasters consequences.
Coal’s Unpopularity Is No Barrier For Some Miners’ Growth In Asia
2015-12-28T15:34:14.349758-05:00https://www.thetrustedinsight.com/investment-news/coals-unpopularity-is-no-barrier-for-some-miners-growth-in-asia-20151228785/
Falling coal demand in the West and in China, the world’s largest consumer of the pollution-prone fossil fuel, and escalating opposition against coal consumption from environmentalists have not killed the enthusiasm for expansion for some coal miners, Singapore-based Agritrade Resources is one.
As China's Demand Wanes, The Golden Age Of Coal Comes To An End - IEA
2015-12-18T10:49:39.000662-05:00https://www.thetrustedinsight.com/investment-news/as-chinas-demand-wanes-the-golden-age-of-coal-comes-to-an-end-iea-20151218366/
China faces peak coal demand for the first time as a cooling economy and shifts in industry hit consumption, paving the way for a decline in global use even as India becomes the main driver for demand, the International Energy Agency said. C
Indonesia Plans New Revenue Deals To Lure Oil And Gas Companies
2015-12-17T16:30:06.252043-05:00https://www.thetrustedinsight.com/investment-news/indonesia-plans-new-revenue-deals-to-lure-oil-and-gas-companies-20151217333/
Indonesia plans more generous production- sharing arrangements for oil and gas companies to spur exploration and lift a flagging economy, the minister overseeing the energy industry said.
Singapore’s Sinarmas Invests $644M In Batam
2015-12-16T15:21:30.538227-05:00https://www.thetrustedinsight.com/investment-news/singapores-sinarmas-invests-644m-in-batam-20151216230/
Indonesia real estate has been active with Singapore-listed developer Sinarmas Land Ltd – the holding entity for property companies of Sinar Mas Group– announcing Rp 9 trillion ($644.85 million) plans to develop Nuvasa Bay.
Ecommerce aggregator iPrice gets $1.2m funding boost to focus on mobile
2015-12-15T15:47:57.463844-05:00https://www.thetrustedinsight.com/investment-news/ecommerce-aggregator-iprice-gets-12m-funding-boost-to-focus-on-mobile-20151215106/
iPrice raised its second seed round from Asia Venture Group, 500 Startups, IMJ Investment Partners, Venturra Capital, F2 Capital, and Startstrike Ventures.
A Mansion, A Shell Company and Resentment In Bel Air
2015-12-15T10:50:35.478771-05:00https://www.thetrustedinsight.com/investment-news/a-mansion-a-shell-company-and-resentment-in-bel-air-20151215063/
In the booming high-end market of Los Angeles, where
hidden ownership is common, one house stands out.
Rocket Internet’s Oliver Samwer Talks Cloning, Uber And New Frontiers
2015-12-08T13:53:21.770924-05:00https://www.thetrustedinsight.com/investment-news/rocket-internets-oliver-samwer-talks-cloning-uber-and-new-frontiers-20151208712/
What’s it like to be the billionaire co-founder of a sprawling digital business empire that wasn’t born in Silicon Valley? Oliver Samwer, co-founder of Rocket Internet, gave a glimpse during an on stage interview with TechCrunch’s Mike Butcher.
Beijing buys into Southeast Asia's economic troubles
2015-12-07T10:50:29.729205-05:00https://www.thetrustedinsight.com/investment-news/beijing-buys-into-southeast-asias-economic-troubles-20151207604/
China is keen to assist infrastructure projects across Southeast Asia in an effort to extend its business lines and political influence.
Hong Kong and Singapore-Based Private Equity Fund Managers at a Glance
2015-12-01T13:04:07.976252-05:00https://www.thetrustedinsight.com/investment-news/hong-kong-and-singapore-based-private-equity-fund-managers-at-a-glance-20151201356/
Hong Kong and Singapore, two of Asia’s established economies and biggest trading ports, host some of the largest private equity firms in the region. Preqin’s Fund Manager Profiles database tracks 308 private equity fund managers headquartered in these locations, with 166 based in Hong Kong and the remaining 142 in Singapore. Collectively, this group makes up 23% of all Asia-based GPs active in the asset class.
Port of Darwin: This is about more than China's economic interest
2015-11-24T15:43:13.661415-05:00https://www.thetrustedinsight.com/investment-news/port-of-darwin-this-is-about-more-than-chinas-economic-interest-20151124054/
The decision to offer a century-long lease over the Port of Darwin to a Chinese company feeds into the PRC's global strategic aims. Australia ignores this consideration at its peril.
Real estate crowdfunding booms in Asia despite regulatory uncertainties
2015-11-23T17:32:53.718358-05:00https://www.thetrustedinsight.com/investment-news/real-estate-crowdfunding-booms-in-asia-despite-regulatory-uncertainties-20151123961/
In Asia, real estate crowdfunding is mostly about presales and debts, instead of equity investment, as regulators have yet to pin down the details on how they would like to govern the fledging industry.
Indonesia's biodiesel push is vital for emission cuts target
2015-11-23T16:12:51.681133-05:00https://www.thetrustedinsight.com/investment-news/indonesias-biodiesel-push-is-vital-for-emission-cuts-target-20151123941/
Indonesia's biodiesel consumption is seen soaring to 7.9 million kilolitres next year from 1.1-1.2 kilolitres in 2015, an industry body said, adding that increased demand was crucial for the country's to meet its commitments on cutting greenhouse gas emissions.
With Funding From Sinar Mas VC arm, fashion startup Cantik comes out of closet
2015-11-20T15:22:15.835103-05:00https://www.thetrustedinsight.com/investment-news/with-funding-from-sinar-mas-vc-arm-fashion-startup-cantik-comes-out-of-closet-20151120884/
This new startup aims to keep itself as simple as possible while Indonesia’s ecommerce sector continues to bloom.
7 Indonesian startups doing real estate with a twist
2015-11-20T14:57:00.266931-05:00https://www.thetrustedinsight.com/investment-news/7-indonesian-startups-doing-real-estate-with-a-twist-20151120866/
While old school giants Rumah.com and Rumah123 rue Indonesia’s real estate market, young startups are looking at niche opportunities.
Hi-tech coal plants cheaper than solar to fight India's climate battle: WCA
2015-11-19T13:53:54.437691-05:00https://www.thetrustedinsight.com/investment-news/hi-tech-coal-plants-cheaper-than-solar-to-fight-indias-climate-battle-wca-20151119737/
It would be cheaper for India to reduce global carbon emissions by investing in hi-tech and more efficient coal-fired power plants than pumping an equivalent amount into European renewables, according to the London-based World Coal Association.
Blackstone Sells 50% Stake In Synergy Property
2015-11-18T12:26:10.632689-05:00https://www.thetrustedinsight.com/investment-news/blackstone-sells-50-stake-in-synergy-property-20151118651/
<span style="line-height: 20.8px;">Private equity company Blackstone said it will divest 50% of its investment in Synergy Property Development Services to the firm's promoter, Sankey Prasad, through a buyback agreement. </span>
Canadian Pension Fund Arm Ivanhoe Cambridge Doubling Investment In China
2015-11-16T16:42:12.621619-05:00https://www.thetrustedinsight.com/investment-news/canadian-pension-fund-arm-ivanhoe-cambridge-doubling-investment-in-china-20151116520/
Ivanhoe Cambridge, the real estate investment arm of Canada’s second-largest pension fund, is doubling its investment in mainland China and looking for opportunities in other Asian economies, including Hong Kong, Singapore, India and Japan.
Why Japanese Venture Capital Is Fuelling Indonesia's Tech Boom
2015-11-16T12:23:32.685639-05:00https://www.thetrustedinsight.com/investment-news/why-japanese-venture-capital-is-fuelling-indonesias-tech-boom-20151116491/
Why is it that Tokopedia, one of Indonesia’s most established ecommerce marketplaces, calls its employees “Nakama” – the Japanese word for “friend”?
US Fines Alstom $772M For Bribery
2015-11-16T12:03:11.057205-05:00https://www.thetrustedinsight.com/investment-news/us-fines-alstom-772m-for-bribery-20151116471/
The United States fined the French energy and transport giant Alstom SA $772 million for bribing government officials in Indonesia, Egypt and several other countries to win business, the US Justice Department said Friday.
Indonesia Expects Study On Abadi LNG Project To Complete By Year-End
2015-11-16T11:54:18.912415-05:00https://www.thetrustedinsight.com/investment-news/indonesia-expects-study-on-abadi-lng-project-to-complete-by-year-end-20151116461/
Indonesia expects Poten and Partners to complete a study on the development plan for the Abadi gas project in Masela Block in Arafura Sea by year-end, a senior official of the Ministry of Energy and Mineral Resources says.
Indonesia Ups The Ante In Disputed South China Sea, Oil and Gas Lurks In The Background
2015-11-13T12:30:29.010918-05:00https://www.thetrustedinsight.com/investment-news/indonesia-ups-the-ante-in-disputed-south-china-sea-oil-and-gas-lurks-in-the-background-20151113420/
<span style="line-height: 20.8px;">The noose finally appears to be closing on China, well at least a little.</span>
UK Becomes Only G7 Country To Increase Fossil Fuel Subsidies
2015-11-12T12:22:07.146086-05:00https://www.thetrustedinsight.com/investment-news/uk-becomes-only-g7-country-to-increase-fossil-fuel-subsidies-20151112307/
Tory government is giving billions in ever increasing handouts to oil and gas majors at the same time as cutting support for clean energy, report reveals.
Golden Gate Ventures Announces 6 New Investments Into Southeast Asian Startups
2015-11-11T13:25:48.640754-05:00https://www.thetrustedinsight.com/investment-news/golden-gate-ventures-announces-6-new-investments-into-southeast-asian-startups-20151111237/
The Singapore-based VC is building up its Southeast Asia portfolio with new and old startups in ecommerce, marketplaces, and mobile services.
Uber’s Rival In The Middle East, Careem, Raises $60M In Series C Financing
2015-11-11T13:25:06.381520-05:00https://www.thetrustedinsight.com/investment-news/ubers-rival-in-the-middle-east-careem-raises-60m-in-series-c-financing-20151111236/
There seems to be no limit to the amount of cash investors are willing to pour in to the likes of GrabTaxi, Didi Kuaidi, and Uber.
PE HUB | PE-backed CLS acquires TRE
2015-11-10T16:05:47.686190-05:00https://www.thetrustedinsight.com/investment-news/pe-hub-pe-backed-cls-acquires-tre-20151110200/
Paris, November 10th 2015 – CLS, a leading French satellite services specialist and a subsidiary of CNES, Ardian and IFREMER, is pleased to announce the acquisition of TRE (Tele-Rilevamento Europa), an Italian company specializing in the measurement of ground movement by satellite radar sensors accurate to within millimetres. With this acquisition CLS reinforces its position as a key player in the field of terrestrial observation and surveillance. Created in 2000 and based in Milan, TRE is a spin-off of the Politecnico di Milano which uses a unique algorithm to detect, measure and monitor ground movement phenomena. The acquisition complements CLS’s...
Ascendas Inks Joint Venture With China Partner For Investments Across Asia
2015-11-09T11:23:38.413797-05:00https://www.thetrustedinsight.com/investment-news/ascendas-inks-joint-venture-with-china-partner-for-investments-across-asia-20151109046/
Business space solutions provider, Ascendas Group, said on Monday (Nov 9) that it has signed a joint venture agreement with China's state-owned industrial and trading enterprise, China Machinery Engineering Corporation (CMEC), to partner in industrial and business park investments and developments across Asia.
Santos settles for share sales, new CEO
2015-11-09T10:39:06.141462-05:00https://www.thetrustedinsight.com/investment-news/santos-settles-for-share-sales-new-ceo-20151109023/
Oil and gas producer Santos hopes to set on a path of recovery after announcing it will raise $3.5 billion through share and asset sales, and appointing an industry veteran as its new chief executive. The embattled company will raise $2.5 billion through a rights entitlement offer, sell $500 million worth of shares to China-based private equity firm Hony Capital, and offload its 35 per cent stake in Victoria's Kipper gas field to Japan's Mitsui for $520 million. It has also appointed former Woodside executive Kevin Gallagher as new chief executive to replace David Knox, who resigned in...
Boustead proposes to acquire energy asset in Indonesia
2015-11-09T10:20:17.802568-05:00https://www.thetrustedinsight.com/investment-news/boustead-proposes-to-acquire-energy-asset-in-indonesia-20151109013/
Boustead Singapore has proposed to acquire an energy asset in Indonesia.
Bali Might Become the Silicon Valley of Asia
2015-11-06T17:30:42.693128-05:00https://www.thetrustedinsight.com/investment-news/bali-might-become-the-silicon-valley-of-asia-20151106998/
Instead of unwinding in the tropical paradise of Bali, entrepreneurs are opting to plug into the island’s emerging tech startup scene because of a thriving startup ecosystem, low overheads and,...
DNA-testing startup gets funding injection from Lippo-backed VC, enters Indonesia
2015-11-06T11:10:31.799269-05:00https://www.thetrustedinsight.com/investment-news/dna-testing-startup-gets-funding-injection-from-lippo-backed-vc-enters-indonesia-20151106919/
The DNA-testing startup from Hong Kong will launch its tests in Indonesia.
Why Indonesia Faces Challenges in Becoming a Tech Hub
2015-11-05T11:39:06.972778-05:00https://www.thetrustedinsight.com/investment-news/why-indonesia-faces-challenges-in-becoming-a-tech-hub-20151105829/
Enticed by a $100 million investment last year in online marketplace Tokopedia â the Alibaba of Indonesia â and by recent investments in motorcycle transport app Go Jek, tech entrepreneurs and government officials are optimistic.