Rainbow Capital, LLC

About The Fund

Rainbow Capital, LLC, which operates under the brand name Northstar Group, is a Singapore-based investment firm that specializes in private equity and venture capital. With over US$2.6 billion in committed equity capital, Northstar Group focuses on investing in high-growth and leading businesses within Southeast Asia, particularly targeting opportunities in Indonesia. Their investment strategy spans various stages from seed to growth, aiming to support entrepreneurs and management teams throughout their development journey. They place an emphasis on sectors such as Consumer, Financial Services, and the Digital Economy. Northstar Group stands out for partnering with transformative businesses that demonstrate a potential to lead their market sectors. A critical part of their approach is accelerating company growth by providing not only capital but also operational expertise and the establishment of strategic partnerships within their extensive ecosystem. Northstar Group's track record includes a series of successful investments and exits, such as the substantial exit from Indomaret and the IPO of GoTo on the Jakarta stock exchange. Operational since 2003, Northstar has transitioned from an Indonesian merchant bank to a significant player in private equity and venture capital across the region, advising on significant transactions in telecommunications, energy, and financial services sectors. Northstar Group is also dedicated to responsible investing, incorporating Environmental, Social, and Governance (ESG) factors into their investment process, and supporting ESG positive outcomes in their portfolio companies. Northstar Impact Initiatives further demonstrate their commitment to having a positive effect on the communities where they operate. Registered with both the Monetary Authority of Singapore and the United States Securities Exchange Commission, the group prides itself on a team of experienced professionals driving their success.