Private equity in Indonesia is set to explore, according to Edgar Perez, author of The Speed Traders (http://www.thespeedtraders.com); Mr. Perez is currently writing a book on investment opportunities in Indonesia, the world’s 4th most populous country. He delivered these remarks at the Investing in Asia panel at the 18th Annual Venture Capital and Private Equity Conference at Harvard Business School, held in Boston, February 17-18, 2012.
Perez pointed out that Indonesia-focused private-equity firms increased fundraising about fourfold from 2010. Indonesia’s gross domestic product will increase 6.2 percent in 2012, the World Bank said this month, compared with a global average of 2.5 percent. Perez highlighted that Indonesia’s growth has weathered the faltering global economy, helping it regain an investment grade rating for its sovereign debt at Fitch Ratings and Moody’s Investors Service for the first time since the Asian financial crisis. Indonesia is the world’s biggest palm oil producer and holds some of the largest deposits of natural gas and minerals such as coal and copper. Consumer confidence has been buoyed by political stability under President Susilo Bambang Yudhoyono not seen since the ouster of former dictator Suharto in 1998.
The 18th Annual Venture Capital and Private Equity Conference was the largest and most anticipated student-run conference at Harvard Business School. Over 900 students, alumni, faculty and industry professionals joined Mr. Perez and dozens of speakers for a day to gather knowledge and share experiences. Distinguished keynote speakers included Daniel A. D’Aniello, Founder, The Carlyle Group; Guy Hands, Founder & Chairman, Terra Firma; C. Richard Kramlich, Chairman & Co-Founder, New Enterprise Associates; and Alexander Navab, Co-Head of North American Private Equity, Kohlberg Kravis Roberts & Co.
Perez is widely regarded as the preeminent speaker in the specialized areas of high-frequency trading and Asia investing. He is author of The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World. He has been featured on CNBC Cash Flow (with Oriel Morrison), CNBC Squawk Box (with Geoff Cutmore), BNN Business Day (with Kim Parlee), The Street (with Gregg Greenberg), Channel NewsAsia Asia Business Tonight and Cents & Sensibilities (with Lin Xue Ling), NHK World, iMoney Hong Kong, Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Los Angeles Times, TODAY Online,Oriental Daily News and Business Times. He has been engaged as speaker at Harvard Business School’s Venture Capital & Private Equity Conference, High-Frequency Trading Leaders Forum 2011 (New York, Chicago, Hong Kong, Sao Paulo, Singapore), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University (New York), Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and 2nd Private Equity Convention Russia, CIS & Eurasia (London), among other global forums.
Perez was a vice president at Citigroup, a senior consultant at IBM, and a consultant at McKinsey & Co. in New York City. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration fromColumbia Business School, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Perez resides in the New York City area and is an accomplished salsa and hustle dancer.