Subscribe to unlock this article
Thanks for your support.
As the concept of SF continues to gain momentum across Asia, Nusatu Capital is Malaysia’s first traditional SF, joining the ranks alongside recent launches like Garlic Equity Capital in Singapore and Prospect Search Capital in China.
Malaysia is an attractive investment destination with its robust economy, access to the thriving ASEAN market, and a flourishing SME sector buoyed by supportive government initiatives. Against this backdrop, Nusatu Capital sets out to tap into the immense potential of Malaysian SME businesses.
Founder and Managing Director, Nazrul Johari, brings expertise in strategy, operations, and transformation. His career includes roles such as Malaysia’s Strategy and Operations Lead at Amazon Web Services (AWS) and nearly a decade of experience as a management consultant at McKinsey & Company, spanning both the Kuala Lumpur and New York offices.
“Malaysia is an untapped market for the SF model – approximately 97% of companies are SMEs that drive 38% of GDP. The country is facing an aging population with succession planning being a key pain point among family businesses. I am excited to be starting this journey as an entrepreneur through acquisition and to unleash the tremendous potential of small and medium-sized businesses in Malaysia” comments Johari.
Johari acknowledges the pivotal role played by Nusatu Capital’s supportive investors and advisors in bringing this vision to reality. Nusatu Capital garnered support from a consortium of local and global investors and advisors, who joined forces to acquire a Malaysian business to drive long-term sustainable growth. Notable among them are the family office Zak Capital, institutional investors Ambit Partners, AIJ Global, Novidam, along with various private investors including Tan Sri Nazir Razak, Will Thorndike, Li-Kai Chen, Tycen Bundgaard, Douglas Cook, and Diaan-Yi Lin.
