Firm Profile > Makes & Partners > Jakarta, Indonesia

Makes & Partners
MENARA BATAVIA 7TH FLOOR
JL KH MAS MANSYUR KAV 126
JAKARTA 10220
Indonesia

Capital markets Tier 1

Makes & Partners is the best independent firm in the capital markets space, often working alongside non-affiliated international firms on complex and often precedent-setting capital markets deals. Managing partner Yozua Makes leads the practice and recently advised three real estate property companies on their collective public listing of the largest real estate investment trust in Indonesia. Bernardus Billy also specialises in capital markets and is currently very active in shelf registration offerings. Corporate partner Iwan Setiawan is also active in the capital markets space.

Key clients

Citigroup Global Markets Singapore Pte. Ltd

UBS AG Singapore Branch

Credit Suisse (Singapore)

PT Agung Podomoro Land

PT Lippo Karawaci Tbk

PT Sinarmas Asset Management

PT Plaza Indonesia Realty Tbk

PT Indonesian Paradise Property Tbk

PT Tunas Baru Lampung Tbk

Corporate and M&A Tier 2

Private equity and equity capital markets are the two standout strengths of Makes & Partners. Founding partner Yozua Makes and practice head Fransisca, S.H. assisted PE giant KKR on the Indonesia elements of its $2,2b of consumer brands from the iconic Australian snack company Arnott’s, Kimball, Country Ladle, and Campbell. Both partners are also skilled in advising on initial public offering and real estate investment trusts. Bernardus Billy, who is particularly strong in the TMT sector, is also recommended. The team also has an alliance with Singaporean law firm WongPartnership.

Key clients

PT Agung Podomoro Land Tbk

Lippo Malls Indonesia Retail Trust (LMIRT) Management Ltd

PT Profesional Telekomunikasi Indonesia

Snacking Investments BidCo Pte. Ltd

Temasek Capital Management Pte. Ltd.

De Heus Animal Nutrition B.V.

REA Group Limited

PT Gozco

PT Sinarmas Asset Management

PT Plaza Indonesia Realty Tbk

PT Indonesian Paradise Property Tbk

PT Fajar Surya Wisesa Tbk

Konecranes Global Corporation

Banking and finance Tier 3

Property finance is a key strength of Makes & Partners, advising major local investors such as Agung Podomora Land and Lippo Malls Indonesia Retail Trust. Managing partner Yozua Makes and Fransisca S.H. are the key names of note.

Practice head(s):

Key clients

PT Agung Podomoro Land Tbk

Lippo Malls Indonesia Retail Trust (LMIRT) Management Ltd

PT Surya Semesta Internusa Tbk

PT Plaza Indonesia Realty Tbk

The firm: Makes & Partners is an independent, innovative and creative Indonesian law firm and a leader in the Indonesian corporate finance and corporate commercial legal services market. The firm promotes the commercial interests of clients by providing high-quality legal services to Indonesian and international clients.

The market recognises Makes & Partners as a strategic leader for integrated commercial business and legal solutions. Since its inception, the firm has adopted and inculcated the philosophy: ‘solving a legal problem means more than knowing the law’, to achieve a result-oriented commercial approach and high-completion rate for all of its transactions.

The firm adopts a practical business approach in all its dealings with clients in order to provide meaningful legal solutions. Established in the early 1990’s, Makes & Partners maintains solid relationships with the government, as well as legal and business communities in Indonesia. It currently has approximately 30 lawyers, including foreign attorneys. Its lawyers are also assisted by special counsels who have previously served in senior capacities in the academy, private practice and with various government ministries and institutions and the Indonesian Supreme Court. The lawyers’ work is based on a co-ordinated team approach and its client’s personnel are considered integral members of our team.

Makes & Partners welcomes the era of greater ASEAN and pan-Asian economic cooperation and integration with leading Singapore firm, WongPartnership LLP. Through its recent strategic alliance, the excellent legal services of the firm complemented by WongPartnership’s strengths will reach far and wide into ASEAN and beyond. Recognising the increasing number of deals taking advantage of Indonesia’s burgeoning investment climate and China’s position as one of the world’s largest economic powers, Makes & Partners has established a China desk for corporate and commercial legal services, with a dedicated team especially tasked to provide assistance to Chinese investors for complex transactions developing within the Indonesian business landscape. It’s strategic alliance with WongPartnership, with its award-winning China practice, also boosts its resources in providing support for cross-border matters.

Makes & Partners is comprised of Indonesian and international lawyers (on full employment and not on a seconded basis) who work as a team. It has a wealth of experience in international work, having represented major multinational companies and international strategic and institutional investors in connection with their investments in Indonesia. Several of its practitioners have lived, studied and worked in the United States, Europe and various parts of Asia,

Makes & Partners represents major multinational companies, strategic and institutional investors, banks and investment houses in connection with their investment in Indonesia. The firm’s portfolio of clients also includes Indonesian and international issuers, underwriters, banks and investors, as well as Indonesian borrowers, the government of Indonesia and other public entities.

Areas of practice: Capital markets; corporate finance and banking; mergers and acquisitions; privitisations and divestments; capital investment (including joint ventures); energy, resources and mining (including power plants); project finance, public utilities, and infrastructure; restructurings, reorganisation, workouts and bankruptcy; real property development; media and broadcasting; telecommunications and information technology; fintech, environment; general corporate and commercial; international trade; corporate governance; anti-monopoly and competition; and litigation and dispute resolution.

Department Name Email Telephone
Capital markets Iwan Setiawan
Corporate finance and banking Fransisca
Mergers and acquisitions Yozua Makes
Privatisations and divestments Yozua Makes
Capital investment (including joint ventures)
Energy, resources and mining (including power plants)
Project finance, public utilities and infrastructure
Restructurings, reorganisation, workouts and bankruptcy
Real property development
Media and broadcasting
Telecommunications and information technology
Environment
General corporate and commercial
International trade
Corporate governance
Anti-monopoly and competition
Litigation and dispute resolution; and Fintech Rangin Prabowo
Photo Name Position Profile
Mr Bernardus Billy photo Mr Bernardus Billy Partner of Makes & Partners Law Firm
 Yozua Makes photo Yozua Makes Founder and Managing Partner of Makes & Partners Law Firm
Ms Fransisca S.H.  photo Ms Fransisca S.H. Partner of Makes & Partners Law Firm
Mr Iwan Setiawan photo Mr Iwan Setiawan Senior Partner of Makes & Partners Law Firm
Number of lawyers : 30+
English
Indonesian
Contacts : Yozua Makes SH, LLM, MM, PhD (Managing Partner)
Contacts : Iwan Setiawan SH (Senior Partner)
Contacts : Ms Fransisca SH (Partner)
Contacts : Bernardus Billy (Partner)
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