Indonesian PE firm Novae Capital hits $100m first close of debut fund

Indonesian PE firm Novae Capital hits $100m first close of debut fund

(clockwise from top left) : Aaron Nio, Partner; Elliott Setiawan, managing partner; and Nicholas Umar, Partner at Novae Capital

Indonesian private equity firm Novae Capital Partners has secured the first close of its debut fund at $100 million, a top executive told DealStreetAsia.

Edited by: Pramod Mathew

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