KKR has named Jaka Prasetya as a managing director to lead its Indonesia coverage as part of its push to beef up its Southeast Asia team.
Prasetya was founder and former managing partner of Leafgreen Capital Partners, which finances midcap companies in the country.
In his role, Prasetya will work with KKR’s private equity, credit and special situations teams to develop the firm’s presence in Indonesia.
The appointment comes at an intriguing time for the Southeast Asian country, following governmental and presidential elections that ultimately anointed Joko “Jokowi” Widodo. The president-elect is under pressure to relax foreign investment rules that have at best...