Elliott Setiawan oversees all aspects of the fund. Prior to Novae Capital Partners, Elliott was an Investment Director at INA, where he led investments across the healthcare, consumer and technology sectors. Before his role at INA, Elliott played a key role at Affinity Equity Partners, responsible over all aspects of the Indonesia operations. Elliott invested cumulatively over USD 1 billion in previous roles. Prior to direct investments, he also had experiences in TC Capital and PricewaterhouseCoopers.
Elliott is a Chartered Accountant and Certified Public Accountant with a double major in finance and accounting from the University of British Columbia.
Loves sunsets and romantic walks on the beach.
Nicholas Umar is responsible for deal origination and execution across SEA, with Vietnam and Singapore as his key focus. Prior to Novae Capital Partners, Nicholas was at Affinity Equity Partners where he was involved in USD 500 million investments across Indonesia, Vietnam, and Thailand, and at Goldman Sachs as co-lead of ASEAN Financials Research coverage.
He holds an MBA degree from Harvard Business School and Bachelor of Business Management from Singapore Management University.
Loves CrossFit (ranked 11th in Indonesia).
Aaron Nio is responsible for value creation, operations, and digital transformations across all of our portfolios. Before joining Novae Capital Partners, Aaron held investment roles in Monk’s Hill Ventures, Foremast Ventures and Plug and Play Indonesia, where he invested in over 20 early-stage tech companies across SEA. Before being an investor, he was a founder, co-founding the largest online dating startup in Indonesia (Setipe.com).
He is an University of Southern California Accounting alumni.
Loves basketball and a frosty glass of beer.
Before joining Novae Capital Partners, Felix Tolis was part of General Atlantic’s Jakarta office, where he was underwriting growth opportunities across Indonesia, with a focus on the healthcare, consumer, and technology sectors. Prior to his role at General Atlantic, Felix was a Manager at PricewaterhouseCoopers (PwC) in Indonesia, specializing in mergers and acquisitions.
Loves hunting, stemming from generational family of hunters.
Prior to joining Novae Capital Partners, Steven Ho spent more than 6 years as an equity research analyst at Credit Suisse Indonesia and CLSA covering consumer, healthcare, media, and internet sectors in Indonesia. During his tenure, he was involved in several high-profile consumer IPOs such as Sarimelati Kencana (Pizza Hut Indonesia), Surya Pertiwi (TOTO), GOTO Group, Blibli.com, and one of the largest consumer nutritionals company in Indonesia.
Loves golf and hitting balls.
Revani Paramita is responsible for overseeing the finance, accounting and compliance functions in Novae Capital Partners. Prior to Novae Capital Partners, Revani held an investment role in Creador where she focused on investments in the financing and consumer sectors. She started her career as a transaction advisor with Ernst & Young.
She holds a Master degree in Applied Finance and Bachelor of Commerce with a double major in Accounting and Finance from Monash University.
Loves cooking and enjoy hosting on Airbnb (earned 'guest favorite' tier).
