Crain's New York Business reported:
Discover Indonesia, the World’ Sexiest Destination for Investments, with Edgar Perez @ Private Equity Happy HourThe last time private equity and sex interacted, the globe experienced a financial implosion.
It shouldn’t come as a surprise that new investors are pushing into Indonesia’s private-equity market; newcomers will compete for deals with global firms such as KKR, Carlyle Group, TPG Capital and CVC Capital Partners, plus local firms such as Northstar Pacific Partners, Saratoga Capital, Yawadwipa and Falcon House. Firms are now shifting focus to companies that will benefit from growing consumption in the world’s fourth-most populous nation, 240 million people, away from natural resources investments.Funny, Indonesia is alluring again. Drink up at the PEU Happy Hour, but beware any urges.