Carlyle to Launch its First Indonesia Office | Wires
(The Insider Stories) — US private equity fund, Carlyle Group LP (CH.O) to launch an Indonesia office . Carlyle has tapped Rajiv Louis, a former PT UBS Scurities Indonesia’s banker to be its country head.
Carlyle, founded in 1987 by three colleagues and named after the New York hotel where they gathered for early meetings, has gone from a U.S.-focused leveraged buyout firm to a global asset manager with more than $170 billion under management.
Louis, who was born in Sri Lanka 42 years ago work with UBS AG (UBSN.VX) since 2003. He was the UBS country head of Indonesia and head of its Indonesian investment banking business prior to his departure. He resigned from his job earlier this year.
Louis’s dealmaking experience, includes serving as a key adviser for Carlyle last year on its first investment ever in Southeast Asia: a 25 percent stake in publicly traded Indonesian telecom towers operator PT Solusi Tunas Pratama (SUPR.JK) worth $100 million.
