Ikhlas Capital — Email, Phone & Partners

Overview

Ikhlas Capital is an ASEAN-focused private equity fund manager dedicated to partnering and growing companies that positively impact the region's development. With a local presence in Singapore, Kuala Lumpur, Jakarta, and Manila, the firm leverages its extensive network and regional expertise to identify and oversee compelling investment opportunities that deliver superior returns while adhering to the highest standards of integrity and governance. The founding partners—Nazir Razak, Kenny Kim, Gita Wirjawan, and Cesar Purisima—bring a combined total of over 100 years of experience in the ASEAN region, having held prominent positions in their respective countries. The firm's investment strategy focuses on growth, transformation, and cross-border value creation, targeting sectors such as financial services, consumer goods, technology, healthcare, infrastructure, real estate, energy, telecommunications, media, retail, education, transportation, agriculture, hospitality, and logistics. Ikhlas Capital primarily invests in growth and buyout stages, with investment sizes ranging from $10 million to $50 million. The firm is licensed by the Monetary Authority of Singapore and has a dynamic portfolio of regional investors, including sovereign funds and family offices of major F&B conglomerates. Ikhlas Capital's commitment to integrity and governance is reflected in its name, 'Ikhlas,' which translates to 'sincere, honest, and without pretence' in Bahasa. This principle guides the firm's approach to investment decision-making, ensuring that environmental, social, and governance (ESG) standards are integrated into their processes. The firm's recent strategic partnership with Food Empire Holdings exemplifies its focus on driving growth and expansion in Southeast Asia and South Asia, with an initial capital injection of $40 million to support the company's capital expenditures and mergers and acquisitions in these regions.

Investment Focus

Strong growth potential
Positive impact on ASEAN development
Alignment with ESG standards

Portfolio Companies

Food Empire HoldingsPelikan International Corporation

Reach Ikhlas Capital directly

Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.

Unlock full contacts →

Frequently asked questions about Ikhlas Capital

What sectors does Ikhlas Capital invest in?

Ikhlas Capital invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Singapore. Ikhlas Capital is listed as a private equity in the ConnectSafely investor database.