01
Building Value

As a business builder, Provident has decades of experience and a strong reputation for building value, attracting blue chip international institutional investors and high-quality banks.

02
Strong Partnerships

Provident prides itself on its wide network of investment, financing and operating partners.

03
Quality Companies

Provident investee companies have outstanding reputations with a commitment to high quality management, corporate governance and high ESG standards.

04
Long-Term Outlook

As a privately held conglomerate, Provident has no requirement to divest. Provident invests and builds companies with a long-term outlook.

Our Principles
Image by Eko Herwantoro
A Brief History

Since 2004, the founding partners have been responsible for the establishment of Tower Bersama, JD.ID, and Merdeka Copper Gold, creating three wholly separate businesses with a combined value in excess of US$9.5 billion.

Provident continues to actively manage these businesses.

Provident has also either founded or invested in a variety of other businesses including:

  • United Towers (a tower company based in China) - Founded by Provident

  • Provident Growth (a Southeast Asian tech fund) - Founded by Provident

  • Provident Biofuels (a biomass company) - Founded by Provident

  • Provident Agro (a mining investor) - Founded by Provident

  • Thompson Robbins (an airport ground support equipment provider)

Timeline of Major Milestones
2004

Provident Capital Partners Founded.

Tower Bersama Group Founded.

2006

Provident Agro Founded.

2010

Tower Bersama Group Listed.

2011

Provident Biofuels Founded.

United Towers Founded.

2012

Merdeka Copper Gold Founded.

2015

Merdeka Copper Gold Listed.

JD.ID  Founded.

2017

Provident Growth Fund Founded.

2018

Provident takes ownership stake in gojek.

2020

Provident Acquisition Corp (SPAC) Listed.