Navis Capital to Open Offices in Vietnam, Indonesia

The private equity firm will open offices within the next 18-20 months, says Managing Partner Nicholas Bloy at a press briefing in Singapore. *Navis currently has seven offices in Asia *Private-equity inflows into Southeast Asia will increase, with industry wide internal rate of return between 15%-25% over the next 5 yrs *Companies with scale advantage will benefit from creation of Asean Economic Community *Malaysia is most vulnerable country in certain sectors, due to relatively small population and higher proportion of “sub-scale and domestically oriented manufacturing companies” *Thailand and Indonesia have clear scale advantage *NOTE: Southeast Asian nations plan to form an Asean Economic Community by the end of 2015, where members will eliminate trade barriers for goods and services *NOTE: Navis was founded in 1998 and manages over $3 billion

To contact the reporter on this story: Klaus Wille in Singapore at kwille@bloomberg.net

To contact the editor responsible for this story: Andreea Papuc at apapuc1@bloomberg.net

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