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Indonesia > Capital markets > Law firm and leading lawyer rankings


Index of tables

  1. Capital markets
  2. Leading individuals
  3. Next Generation Partners

Leading individuals

  1. 1

Next Generation Partners

  1. 1

Assegaf Hamzah & Partners is well known for equity and debt issuances, with clients that include Medco Energi and the Indonesian government. Managing partner Bono Daru Adji helms the team and is an expert in public offerings, refinancings and acquisition finance; he advised ABM Investama on its bonds issuance worth $300m. Ahmad Fikri Assegaf assisted SEA Limited with the Indonesian elements of its US IPO and acted for the Indonesian government on the establishment of its first green sukuk bond. Mohammad Renaldi Zulkarnain  is skilled in handling high-yield debt and equity offerings, as well as issuances of sovereign and corporate sukuk bonds. Also recommended is Tunggul Purusa Utomo who is experienced in onshore and offshore offerings.

Ginting & Reksodiputro in association with Allen & Overy covers the full spectrum of capital markets work and is particularly active on high yield deals. As an example, Daniel Ginting, who co-heads the department, recently advised Indika Energy on its high yield senior notes issuance and assisted a consortium on its purchase of fixed-rate senior notes from Wijaya Karya. Meanwhile, co-practice head Harun Reksodiputro advised the Indonesian government on its issuance of $900m samurai bonds. Sugianto Osman is also a key figure and assisted the underwriters on the $300m bonds issuance from Geo Coal International.

Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie runs the gamut of capital markets work with a client roster including Bank Central Asia and Bank Negara Indonesia. Iqbal Darmawan leads the team and has expertise in debt and equity capital markets, advising on both the buyer and issuer side; he recently acted for Jasa Marga which issued an offshore rupiah-denominated bond valued at IDR4tn. Indah Nurwitri (Indah) Respati is another notable name and assisted PLN with a shelf registration valued at IDR4.145tn. Senior associate Ken Prasadtyo regularly supports Darmawan on transactional matters.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills provides 'professional and well-thought-out advice' with 'strong industry knowledge' and 'has good traction with the regulator'. Key figures from the group include David Dawborn, Tjahjadi Bunjamin and Viska Kharisma Fajarwati. Highlight matters include advising a consortium on the $2bn issuance by Paiton Energy; assisting a consortium with the purchase of $1.35m shares of Sarana Menara; and working with the underwriters on the IPO of Integra Indocabinet on the Indonesian Stock Exchange.

Under the leadership of managing partner Yozua Makes, capital markets work is a cornerstone of Makes & Partners. In recent highlight matters, Iwan Setiawan advised Tunas Baru Lampung on its $200m bond issuance and also assisted Gajah Tunggal on a bond issuance worth $250m. New partner Bernardus Billy acted for Global Digital Niaga on the equity fundraising of Go-Jek. Senior associates Ika Ompusunggu and Aga Parsaoran Samuel Marpaung are also recommended.

Witara Cakra Advocates (WCA) in association with White & Case's capital markets practice is headed by Kristo Molina, who handles IPOs, rights issues and debt offerings. Recent work highlights include advising Credit Suisse, DBS and Standard Chartered as sponsors on a $300m bond issuance by ABM Investama and assisting a consortium with its purchase of $400m bond offering from Medco Strait Services. Banking and finance specialist Fajar Ramadhan is also recommended.

Ali Budiardjo, Nugroho, Reksodiputro acts in big-ticket transactions and has 'a good legal knowledge and understanding of the regulatory and political landscape' in Indonesia. Rita Tyastuti Taufik leads the practice and is an expert in debt and equity capital markets; she advised Samurai Paint on the listing of parent company Samurai 2K Aerosol on the Singapore Stock Exchange. Freddy Karyadi is another key figure and assisted Saipem with the Indonesian aspects of its $2bn bonds issuance. Also recommended are Chandrawati Dewi and Theodoor Bakker, who is 'well networked at the regulatory level' and provides 'clear and reliable advice'.

Soemadipradja & Taher advises the Indonesian government on its bond issuances; Emalia Achmadi jointly heads the team and advised the government on its second draw-down of government bonds as part of its Global Medium Term Notes Programme. She also acted as local counsel for Saka Energy on its $625m issuance of bonds to be listed on the Singapore Stock Exchange. Meanwhile, fellow practice head Retno Muljosantoso advised the government on its issuance of Sukuk bonds.

Capital markets mandates at Widyawan & Partners are primarily undertaken by banking specialist Adrian Pranata. Recent instructions include advising a consortium on a potential high yield bonds offering by Soechi Lines and assisting Bank CIMB Niaga with a shelf-registration programme arranged by  CIMB NiagSekuritas, BCA Sekuritas and Danareksa Sekuritas. David Holme is also a key figure.

Hanafiah Ponggawa & Partners advises on IPOs, equity and debt offerings. Erwin Kurnia Winenda co-leads the group and assisted Marga Lingkar Jakarta with its issuance of IDR1.5tn project bonds and advised Logindo Samudramakmur on regulatory issues surrounding its fundraising plans. Andre Rahadian also heads the practice and is instructed by both international and domestic clients. Al Hakim Hanafiah is also a key figure.

Makarim & Taira S. is led by Maria Sagrado who is experienced in advising multinational clients on capital market transactions in Indonesia. She is supported by Lina Amran and Kurniawan Tanzil, an expert in handling IPOs.

The PWC network's Melli Darsa & Co. has notable strengths advising on debt and equity capital market transactions, particularly on the lender side. Named partner and practice head Melli Darsa is the key point of contact.

Oentoeng Suria & Partners handles IPOs as well as bond and share issuances. Corporate partners Ratih (Ipop) Nawangsari and Felix Soebagjo, along with banking and finance specialist Atik Susanto, are recommended.

SSEK Legal Consultants has strong expertise in bond issuances and IPOs. Key figures in team include Ira Eddymurthy and Michael Carl.

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