Prasetya, Bhargava and So to enhance KKR’s focus on Indonesia and
Southeast Asia credit
Leading global investment firm KKR today announced that Jaka Prasetya,
former Managing Partner and Founder of Leafgreen Capital Partners, is
joining the firm as Managing Director to lead KKR’s Indonesia efforts as
well as credit and special situations initiatives in Southeast Asia.
Also joining KKR in the role of Director are Rahul Bhargava and Allan
So, both formerly managing directors and partners at Leafgreen. Messrs.
Prasetya, Bhargava and So will be based in Singapore. The appointments
are effective August 26, 2014.
In his role, Mr. Prasetya will work with KKR’s private equity, credit
and special situations teams to enhance the firm’s strategy in
Indonesia. In addition, supported by Messrs. Bhargava and So, Mr.
Prasetya will also lead KKR’s credit business in Southeast Asia. They
bring extensive investment experience to the region through their work
at Leafgreen, a provider of mezzanine and structured growth funding in
Southeast Asia with a focus on Indonesian opportunities.
“Indonesia continues to be a dynamic market for investment with great
growth potential and positive demographics driving opportunities. With
our first deal in the market in 2013, we look forward to exploring new
opportunities to provide both equity and credit solutions to companies
to suit their long-term needs,” said Ming Lu, Member & Co-Head of Asia
Private Equity at KKR. “The addition of Jaka, Rahul and Allan – who have
a deep understanding of Indonesia’s local culture and business
environment – greatly enhances our ability to partner with Indonesian
companies. We welcome them and the experience that they bring to the
Mr. Prasetya launched Leafgreen in 2011 to finance mid-cap companies in
Indonesia, Malaysia and Singapore. Prior to his time at Leafgreen, Mr.
Prasetya was the Managing Director and Head of Principal Investments
Asia at Raiffeisen Bank International. He previously held senior
management positions at United Fiber System and Deutsche Bank. He holds
an MBA from MIT Sloan School of Management and earned his Bachelor of
Engineering from the Institut Teknologi Bandung in Indonesia.
Mr. Bhargava joined Leafgreen in 2013 after 12 years at Henderson Global
Investors, where he was a founding member of the Asian private equity
business. Mr. Bhargava is a CFA charterholder, has an MBA from the
Australian Graduate School of Management and earned his Bachelor of
Science degree in Economics, with honors, from the University of
Before joining Leafgreen in 2011, Mr. So held structured-credit
responsibilities at SociÉtÉ GÉnÉrale, Standard Chartered, Calyon, J.P.
Morgan and Centre Solutions in Hong Kong, and Salomon Smith Barney in
New York. Mr. So holds a Bachelor of Science from Columbia University.
“With urbanization, rising wages and a young and growing working class,
we see excellent opportunities in Indonesia with good companies looking
for varied financial solutions,” said Mr. Prasetya. “KKR’s holistic
approach to providing businesses with capital solutions, from debt to
straight equity, is a unique prospect in this market – Rahul, Allan and
I look forward to expanding upon the firm’s investments there.”
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world-class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners' capital and brings opportunities to others through its capital
markets business. References to KKR's investments may include the
activities of its sponsored funds. For additional information about KKR
& Co. L.P. (NYSE:KKR), please visit KKR's website at www.kkr.com.
Anita Davis, +852 3602 7335
Kristi Huller, +1 212 230 9722
Indonesia (For KKR)
Wulan Suling, +62-21-721-59000