Opportunistic investors
in Indonesia

Consumer-focused, concentrated owner operators

Our Portfolio

Hangry
Hangry Logo

Hangry

Lead investor & operator

Jakarta, Indonesia

Largest online F&B company in Indonesia

Manuva
Manuva Logo

Manuva

Lead investor & operator

Jakarta, Indonesia

Fastest growing consumer staples business in Indonesia

Our Team

Weng Kin Choo

Weng Kin Choo

Managing Partner

Weng Kin possesses deep M&A experience within Southeast Asia’s technology and consumer sector across various stages, investments and sub-industries. In addition to helping manage funds over US $300 million and across dozens of deals, he also acted as director and board observer across multiple portfolio companies and focused strongly on financing solutions, M&A and special situations. Weng Kin was previously at Provident Growth and Provident Capital.

Ashok Palaniappan

Ashok Palaniappan

Managing Partner

AAshok is originally from Singapore and as one of the founders of Journey, he has been involved in investing in and building businesses of around $100m+ in revenue in the Consumer space in Southeast Asia. He was previously the founder of nobos – a technology company that sold SaaS technology to Fortune 500 companies in hospitality across the US and Southeast Asia. Before that, he worked as a public/private equity investor at a $bn+ concentrated New York-based hedge fund and started his career at Morgan Stanley.

Lloyd Lin

Lloyd Lin

Managing Partner

Lloyd has deep operating experience across fashion, ecommerce and growing multiple businesses from zero to more than US$250 million in value. He has acted as founder, coo and advisor to a range of companies with his expertise in strategy, management, supply chain and product development. Lloyd was previously a pioneering team member of Pomelo Fashion and was previously the founder of two tech consumer companies focused on e-commerce and data mining.

Building

How we invest

Concentrated Portfolio

No more than 2-3 assets at a time

Consumer (Technology Enabled)

We've built $100m+ revenues in the consumer space

Operational Focus

We work day in day out with our portfolio companies

Long Term Capital

Thoughtful about liquidity in the short term but act as forever owners