IFLR 1000 (2023)
Banking - Tier 1
Capital markets: Debt - Tier 1
Capital markets: Equity- Tier 1
Mergers and acquisitions - Tier 1
Project development - Tier 2
Project finance - Tier 1
Restructuring and insolvency - Tier 1
Bono Daru Adji (Highly Regarded) – Capital markets, Banking, M&A
Fikri Assegaf (Market Leader) – Capital markets, Banking, Project finance, M&A
Ibrahim Sjarief Assegaf (Highly Regarded) – Banking, M&A
Kanya Satwika (Highly Regarded) – Project development, Project finance, Islamic finance
Mohammad Renaldi Zulkarnain (Highly Regarded) – Capital markets, Islamic finance
Tunnggul Purusa Utomo (Notable Practitioner) – Capital markets, Banking, Project finance, M&A
Yanu Wiriasmoko (Notable Practitioner) – Restructuring and insolvency, Banking
Founded in 2001, Assegaf Hamzah & Partners has established itself as one of the leading firms in the Indonesian legal market. The firm is headquartered in South Jakarta and has extended its presence throughout the region with its membership of the Rajah & Tann Asia network.
Focusses / specialisms
The firm excels in banking and finance, capital markets, M&A, and restructuring and insolvency work and has a formidable projects practice. In addition to advising across a spectrum of traditional capital markets and banking and finance transactions, the firm has a special focus on the fintech sector and Shariah-compliant investment and financing transactions.
In M&A, the firm has experience across the banking and financial services, energy, resources, aviation, automotive, retail, media, and technology and telecommunication sectors. The firm also has a strong track record in representing private equity investors.
The projects team has significant experience in matters such as PPPs, production sharing agreements, power purchase agreements, oil and gas supply agreements and oil and gas supply agreements.
The firm’s extensive client list includes Bangkok Bank, China Development Bank, DBS Bank, Haji Financial Management Agency, The Government of the Republic of Indonesia and Abu Dhabi Future Energy Company (Masdar).
Research period review: 32nd edition (2021/2022)
During the research period, the firm was active in capital markets, M&A, project development and restructuring and insolvency work.
The capital markets team actively acted for issuers on high-yield bonds, note offerings and rights issues. The firm also acted for investors on a range of transactions.
In M&A, the firm was mostly active on strategic deals on the sell side. In a landmark mandate, the firm advised on one of the largest rights issues ever done on the Indonesian Stock Exchange to date.
Projects highlights include advising the first Indonesian port development under a PPP scheme.
In restructuring and insolvency, the firm acted for creditors, debtors, rescuers and guarantors in the financial services, industrials and manufacturing and retail sectors.
Deal highlights: 32nd edition (2021/2022)
• Chandra Asri Petrochemical $1.1 billion rights issue
• Supreme Energy divestment of equity
• Garuda Indonesia (Persero) restructuring
• Sri Rejeki Isman debt restructuring
• The Haji Financial Management Agency acquisition of Bank Muamalat Indonesia
Client Feedback: 32nd edition (2021/2022)
"They are very thorough with their work and take a very conservative view on matters, which makes them a great firm to partner with for better risk management on deals. "
"The firm provides reliable advice and practical recommendations. It offered assistance throughout the deal, even though the deal was dragged on for over a year, and still managed to keep its enthusiasm and active participation. "
"The firm has the in-depth knowledge and experience necessary in providing the services that we required. They also have an expert team within their firm which allow them to provide comprehensive advice. "
"They produce a high-quality legal product. They are very knowledgeable and responsive. They are also a pleasure to work with."
"She has great analytical skills and attention to the drafting. She is very valuable as team lead, particularly in negotiations. She also has a pleasant personality. "
M. Insan Pratama
"Good knowledge and has the necessary experience in oil & gas sector."
"Very user friendly.
"Attentive to details, understands his client's current needs and challenges."
"She is very responsible and is always available when I need her. Very friendly and nice to deal with. Great for managing Indonesian clients. "