Saratoga Capital Website http://www.saratoga-asia.com/rss 2013-05-24T16:25:54+01:00 http://www.saratoga-asia.com/ http://www.saratoga-asia.com//0_images/logo.gif text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/saratoga-news/sandiaga-uno---2012-olympic-torch-bearer Sandiaga Uno was chosen among 4 other Indonesians to carry the Olympic Torch which took place at Manchester, England, June 24. Besides Sandiaga Uno, Samsung Electronics Indonesia, one of the 2012... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-iii/pt-mitra-pinasthika-mustika-mpm MPM was established in 1987 as an exclusive Master Distributor for Honda Motorcycles in East Java and NTT. Over the years, MPM expanded its businesses beyond distribution to include production of... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/medco-news-release Jakarta, May 9th, 2012 – PT Medco Power Indonesia, “MPI” is a Company owned by PT Medco Energi International TBK and Saratoga Capital. Medco power Indonesia as independent power... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/mandala-airlines-appoints-president-director Jakarta, 20 June 2012 – PT Mandala Airlines (Mandala) has appointed Mr Paul Rombeek as President Director with effect from 1 September 2012. He will be taking over from Michael Coltman, who... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/mandala-airlines-doubles-flights-between-jakarta-and-kuala-lumpur-jakarta-and-medan Jakarta, 13 June 2012 – Mandala Airlines (Mandala) has doubled its frequencies between Jakarta and Kuala Lumpur and Jakarta and Medan starting this month. Read the full article. text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/mandala-airlines-to-launch-jakarta---bangkok-flights-from-august-2012-exceptional-promotional-fares-from-rp-699000 Jakarta, 11 June 2012 – Mandala Airlines (Mandala) is expanding its international network. The airline is launching 7 weekly flights between Jakarta and Bangkok from 10 August 2012. Bangkok... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/partners/nigel-khoo Nigel joined Saratoga Capital in February 2012. He has over 17 years of experience in finance and private equity, most recently acting as CEO of Maybank Ventures, the private equity arm of... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/esg-risk-management/imelda-adhisaputra ESG Director Imelda Adhisaputra joined Saratoga Capital in November 2011. Ms. Adhisaputra has over 15 years of experience in environmental compliance, government relations and corporate affairs,... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/esg-risk-management/kemal-mawira Enterprise Risk Manager Kemal joined Saratoga Capital in 2012. Prior to joining the Firm, Mr. Mawira spent over 8 years at Ernst & Young Advisory Services in Jakarta, most recently as Head of... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/esg-risk-management/gracia-sista-paramita Analyst Gracia started her career at Mediterranean Shipping Company in Australia, which has exposed her to dealing with clients and sales processes for Asian and European markets. Previously,... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/partners/eri-reksoprodjo Eri has 23 years of experience in finance, originating important mandates in M&A, corporate debt restructuring, corporate financing, and capital markets transactions involving Indonesian... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-iii/pt-medco-power-indonesia Medco Power Indonesia is a clean energy power-generating company. The company owns assets all over Indonesia (Riau, South Sumatera, Sulawesi). In addition to its power-generating business, the... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/frp-products-co-pte-ltd FRP is a Singapore company that provides surface preparation and engineering-related services to petrochemical companies. FRP has an extensive track record, strong management team and top-tier... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/global-kalimantan-makmur Global Kalimantan Makmur (GKM) is a palm oil plantation with 41,000 ha concession in Sanggau, West Kalimantan and potential area for development of approximately 27,000 ha.  GKM has a planted... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/pt-mandala-airlines Mandala Airlines, in a strategic partnership with Tiger Airways, is a budget airline based in Jakarta. The company is currently serving 3 routes, which are Jakarta-Medan, Medan-Singapore and... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/iforte-solusi-issues-10-million-in-bonds-1 JAKARTA: PT Iforte Solusi Infotek has issued US$10 million in bonds to Karya Investments Pte. Ltd. of Singapore for financing its Internet broadband connection network and building new micro BTS... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/bonecom Bonecom operates one of the largest fish processing companies in Indonesia with 10.000 tons cold storage facility in Jakarta. It is one of the six companies in Indonesia with licences to export... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/iforte iForte is a fast growing infrastructure company with significant fiber optic network presence and Micro-BTS license in the Jakarta-Bogor-Depok-Tangerang-Bekasi (Jabodetabek) area. www.i4te.com text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/saratoga-news/edwin-soeryadjaya---2010-indonesia-entrepreneur-of-the-year Edwin Soeryadjaya of Saratoga Group was announced as 2010 Ernst & Young Indonesia Entrepreneur Of The Year at gala dinner held at the Ritz-Carlton, Pacific Place on 25 November 2010. Edwin will... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/saratoga-news/sandiaga-uno---towards-indonesia-inc Born in a prominent family of educators, Sandiaga Salahuddin Uno, affectionately known as Sandi, graduated from Wichita State University in Kansas, the United States, with a Bachelor of Business... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/devin-wirawan Senior Investment Manager Devin started his career in the US working for UCSG, a merger arbitrage hedge fund, as a Strategy and Trading Analyst. He was subsequently appointed to set up and head the... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/edi-anto Senior Investment Manager Edi started his career at ST Microelectronics as a Device Manager, managing a team of Device Engineers piloting and enhancing new product prototypes. He joined Saratoga in... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/easy-arisarwindha Investment Manager Easy was with Arup Consulting Engineers and Land Transport Authority, Singapore, as a civil and structural engineer. She was involved in the planning, design, and implementation... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/tony-halim Investment Officer Tony spent three years in Accenture and was involved in system and operations improvement projects in oil and gas, utility, and mining industries. He also has exposure to the... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/saratoga-news/rtrs-update-1--interview PT Saratoga Investama Sedaya, one of Indonesia's top private equity firms, expects to raise up to $500 million in new capital next year by targeting newly-minted Indian and Chinese investors as it... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/operating-partners/husni-heron Husni started his career at PT Astra International Tbk in 1988 and has been the Managing Director of Saratoga Capital since 2001. He was involved in numerous projects involving IPO, bond issuance,... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/operating-partners/kumari Kumari started his career as an internal auditor at PT Astra International Tbk in 1989. He joined Saratoga Capital as Chief Financial Officer in 2003. He is currently the President Director... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/operating-partners/handianto-ganis Handi started his career at Dynaflare Industries Corporation (Canada) in 1978 and joined PT Astra International Tbk in 1982 as Head Budget Controller. He is currently the Managing Director of PT... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/operating-partners/budianto-purwahjo   Budianto started his career at Astra Graphia, a subsidiary of PT Astra International Tbk, in 1989. He was the Director of Business Development in Ariawest International, responsible for... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/founding-partners/edwin-soeryadjaya Edwin started his career in 1978 at Astra International, one of Indonesia's largest diversified companies founded by his late father, William Soeryadjaya. He spearheaded Astra’s financial... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/operating-partners/herman-setyabudi Prior to joining Saratoga in September 2008, Herman was the Managing Director of PT Finansia Multi Finance. Having joined Finansia in 1997, Herman was responsible for restructuring the company during... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/operating-partners/yuliantina-wangsawiguna Yuliantina started her career at Arthur Andersen (now Ernst & Young) in 1997. She joined Saratoga in 2005 where she was involved in various projects, involving acquisition, bank financing, IPO... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/arleen-wiryo Investment Officer Arleen started her career at GE Capital Aviation Systems as a Database Architect. She later joined FocusFrame, a US-based IT management consulting firm, where as a Business... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/iman-adiwibowo Investment Officer Iman joined Saratoga Capital in 2012. Prior to joining the Firm, Iman spent 4 years at Astra International group’s infrastructure investment arm, where he was involved in... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/founding-partners/sandiaga-s-uno As a prominent young entrepreneur, Sandi is active in the Indonesian business community promoting entrepreneurships and empowering the Indonesian Micro, Small and Medium Enterprises. He was elected... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/founding-partners/kay-mock   Kay Mock was with the Government of Singapore Investment Corporation (GIC) from 1989 to 2006. Prior to his departure, he was a Senior Vice President in charge of GIC’s private equity... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/revata-pingkan-hananta   Investment Officer Pingkan joined Saratoga Capital in May 2012. Pingkan started her career as an auditor in a local public accounting firm in Singapore. Prior to joining Saratoga, Pingkan... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/adaro-energy Adaro Energy (ADRO.JK) is the second largest coal producer in Indonesia with integrated coal mining, processing and logistics operation, making it one of the lowest cost coal producers in the world.... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio/saratoga-asia-ii/tower-bersama-group Saratoga successfully built Tower Bersama Group (TBIG.JK) from a small company with seven telecommunication sites into Indonesia’s second largest independent tower operator with 2,700... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/jeldine-madjukie Investment Analyst Prior to joining Saratoga in 2011, Jeldine worked in the Global Transaction Services division at Citi. Jeldine holds a Bachelor of Business Administration with a Finance Emphasis... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/deal-team/michael-djuita   Investment Analyst Prior to joining Saratoga in 2012, Michael worked as a Private Equity Analyst at Tembusu Partners in Singapore, with a primary focus in education, green technology, oil... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-signs-barging-contracts-to-improve-efficiency-and-lower-cost-1 Jakarta, November 18th, 2010 -- Adaro Energy is pleased to announce its wholly-owned subsidiary PT Adaro Indonesia has signed three new innovative long term coal barging contracts today, which will... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-third-fastest-growing-asian-energy-company SINGAPORE: The 2010 Platts Top 250 Global Energy Company Rankings put Indonesia’s largest single-site coal producer, publicly-listed PT Adaro Energy, as third fastest growing Asian energy... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/tower-shares-gain-185-in-stock-trading-debut Telecommunication infrastructure firm Tower Bersama Infrastructure’s share price climbed 18.5 percent to Rp 2,400 on its trading debut on the Indonesia Stock Exchange (IDX) on... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/tower-bersama-oversubscribed-17-times JAKARTA: Shares of telecommunication infrastructure provider Tower Bersama were oversubscribed by more than 17 times in its Oct. 18-20 initial public offering (IPO), the company said... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-energy-recorded-6-increase-in-net-revenue-to-us20-billion-due-to-12-production-growth Jakarta, October 28th, 2010 -- PT Adaro Energy Tbk (IDX: ADRO) today announces consolidated unaudited net revenue for the nine month period ended 30th September 2010 increased 6% to US$1.98 billion... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/tower-bersama-aims-to-raise-200-million-via-ipo JAKARTA: Telecommunication infrastructure firm Tower Bersama Infrastructure aims to raise US$200 million through an initial public offering (IPO) and a private placement to fund acquisitions and... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/saratoga-news/sandiaga-to-spend-214m-for-new-investments-this-year Uno's PT Saratoga Investama Sedaya, which manages about US$1.5 billion in assets, may invest as much as Rp 2 trillion (US$214 million) to buy stakes in consumer companies, he said. Jakarta-based... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-secures-500-m-loan The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 million worth of loans from 11 foreign... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaros-net-profit-soars-1506-percent-on-high-prices JAKARTA: The country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 percent on the back of higher... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-shares-surge-on-first-trading-day PT Adaro Energy, Indonesia's second-largest coal producer, surged on its first day of trading after the country's biggest initial share sale in 13 years. Adaro gained Rp 630, or 57 percent, to Rp... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-energy-shares-five-times-oversubscribed Last week's initial public offering of PT Adaro Energy, the holding company of the country's second-largest coal producer, was 5.01 times oversubscribed, says the lead underwriter of IPO. text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/adaro-cleared-for-biggest-indonesia-ipo PT Adaro Energy, the holding company of Indonesia's second-largest coal producer, won approval to raise Rp 12.3 trillion rupiah (US$1.3 billion) in the nation's biggest initial public offering since... text/html http://www.saratoga-asia.com/ John Doe http://www.saratoga-asia.com/post/portfolio-news/coal-firm-adaros-ipo-swamped-by-international-investors Shares offered by PT Adaro Energy, the country's second biggest coal producer, in a book building process that ran from May 26 to June 5 were oversubscribed by 6.57 times, with 81.3 percent of the...