About Us

Learn about our history and values

AvantGarde Capital

Established in 2012, AvantGarde Capital has quickly become a trusted and prominent independent investment banking advisory firm in Indonesia.

Our firm is led and managed by our founders and senior management team, who rank among the country’s most seasoned and respected investment bankers. With a robust track record spanning over 30 years in executing complex transactions, both cross-border and within the Indonesian market, we deliver unparalleled expertise and strategic insight to our clients.

Our Approach

AvantGarde Capital partners with clients to explore and execute strategic options that drive companies to new levels of growth and development. Our advisory services include:

Domestic and cross-border Mergers and Acquisitions
Divestitures and Sale Transactions
Initial Public Offerings and Equity Capital Markets transactions
Private Equity transactions and Private Placements
Corporate and Capital Restructuring

We focus on realizing strategic values, maximizing shareholder value, and facilitating capital raises to support expansion, ensuring a transformative impact on our clients’ businesses.

Our Team and Commitment

Our team, a blend of junior and senior investment bankers, is dedicated to providing:

Best-in-class international investment banking advisory practices
High-quality advice with on-the-ground presence for timely support
Original ideas and a personal approach
Strategic, value-added advice
Excellent execution for successful outcomes in every transaction

We strive to be present whenever our clients need us, ensuring a seamless and value-driven experience.

Our Principles & Values

Top Quality Advice

We are dedicated to delivering unparalleled advisory services, grounded in high-quality and independent financial expertise.

Excellence

Our commitment is to consistently provide the highest standard of service and professionalism in all our undertakings, ensuring excellence in every deliverables.

Genuine, Truthful and Independent

As an independent and unbiased firm, we are free from affiliations, allowing us to always act in the best interests of our clients.

Trustworthy and Reliable

Trust is a core value we uphold in every advisory service we provide. We strive to be the most trusted firm in our industry, ensuring reliability in every aspect of our work.

In-Depth Local Knowledge

Our extensive understanding of the local market enables us to offer valuable insights and connect clients with key industry players.

Global Network

Leveraging our extensive global network, we connect our clients with potential investors and strategic partners overseas, ensuring access to the best opportunities.

Laurentius Sutikno

CEO

Laurentius Sutikno, also more intimately known as Larry Sutikno, is a prominent and seasoned investment banker in Indonesia with over 30 years of track record in corporate finance and investment banking, where he has advised many reputable corporates and business groups in major transactions, ranging from cross-border and domestic Mergers & Acquisitions, international IPOs, corporate restructurings to private capital raisings, across various industry sectors. He has established an extensive network and strong relationships within the Indonesian business community, capital markets industry and regulatory authorities.

He is the founder and CEO of AvantGarde Capital. Prior to founding AvantGarde in 2012, Larry was the Managing Director, Country Head, and CEO of Rothschild Indonesia from 2008 to 2012. He was responsible for developing and building up the franchise and financial advisory business in Indonesia and played an instrumental role in originating and leading key transactions. He built and led BNP Paribas Investment Banking franchise in Indonesia as Director and Head of Investment Banking for 13 years (1996–2008). He also previously worked with Nomura Securities in corporate finance, Gunung Sewu Group, and Astra International’s automotive division.

Larry received his MBA degree with summa cum laude from Lehigh University, Pennsylvania, USA. He holds a Bachelor of Economics degree in Accounting (Honors) from the University of Parahyangan, Bandung.

Key international recognitions received for the transactions he advised and managed include:

“Best Domestic M&A Deal of the Year 2011 in Southeast Asia” by Alpha Southeast Asia
“Best Private Equity Deal of the Year 2011 in Asia” by Finance Asia
“Most Innovative for Growth Companies” – 2011 by The Banker Investment Banking Awards
“Asia’s Restructuring Deal of the Year” – 2012 by IFR Asia Awards

Selected notable transactions in which he led and executed include:

Advised in the US$365 million sale of PT BFI Finance Tbk to TPG/Northstar Consortium
Advised PT Astra International Tbk in its US$215 million acquisition of GE Capital’s stake in Astra Sedaya Finance
Advised PT Bank Permata in its US$332 million acquisition of PT GE Finance Indonesia
US$680 million sale of PT Bank Ekonomi Tbk by the Wings Group to HSBC
US$625 million acquisition of PT Lippo Bank Tbk by Khazanah Nasional Bhd Malaysia
US$600 million debt restructuring of PT Arpeni Pratama Ocean Lines Tbk
US$530 million IPO privatization advisory of PT Garuda Indonesia Tbk
Advised PT Semen Indonesia Tbk (PT Semen Gresik Tbk) in the US$350 million syndicated debt financing
Advised Samtan Co. Ltd. (Korea) in the sale of a total 51% stake in PT Kideco Jaya Agung to Indika Energy and Bayan Resources
Advised the Government of Indonesia/IBRA in the sale of their entire interest in PT Indo Tambangraya Megah (ITMG) to BANPU Pcl (Thailand)