Ikhlas Capital

Ikhlas Capital is a private equity firm established in 2018 and headquartered in Singapore, with additional offices in Kuala Lumpur, Jakarta, and Manila. The firm focuses on investing in Southeast Asian companies across various sectors, including consumer, financial services, transportation, logistics, and technology. Ikhlas Capital is committed to partnering with and fostering the growth of enterprises that contribute positively to the development of the ASEAN region.

Kenny Kim

Founding Partner and CEO

Cesar Purisima

Co-Founder and Partner

Nazir Razak

Co-Founding Partner and Chairman

Ek Ming Tay

Managing Director

Gita Wirjawan

Chairman and Founding Partner

Past deals in Central Asia

Food Empire Holdings

Post in 2024
Food Empire Holdings is a global company specializing in the branding and manufacturing of food and beverage products. Its portfolio includes instant beverages such as coffee mixes, cappuccinos, chocolate drinks, and flavored fruit teas, along with frozen convenience foods, confectionery, and snack items like potato crisps. The company also supplies raw ingredients, including instant coffee and non-dairy creamer, to other food manufacturers. Food Empire's products are distributed to over 50 countries, with a significant presence in markets such as Russia, Ukraine, Kazakhstan, Central Asia, China, Indochina, the Middle East, Mongolia, and the US. The company operates nine manufacturing facilities across India, Malaysia, Myanmar, Russia, Ukraine, and Vietnam, supported by 24 offices worldwide.
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