East Ventures appoints Avina Sugiarto as partner
By Digital News Asia July 20, 2022
- Joined as venture partner in January 2022
- Brings 12 years of experience in investing
East Ventures, a sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced the appointment of Avina Sugiarto (pic) as a partner at the firm.
Willson Cuaca, co-founder and managing partner of East Ventures, said ”It is an honor to promote Avina as one of the women leaders in our investment leadership team. During her work as venture partner, Avina has promptly demonstrated a robust understanding and broad experience in both investment and sustainability framework.
“As a partner, Avina will work across both seed and growth teams, supporting our portfolios and founders in this fast-paced tech industry while holding on strong with our core values,” he said.
Sugiarto joined East Ventures as the venture partner in January 2022, where she brings 12 years of experience in investing across alternative assets.
This included venture capital, private equity, private credit, and special situations across industries from technology, property, logistics, natural resources, to consumers and financial services, the firm said.
The presence of Sugiarto has further stepped up East Ventures’ commitment towards sustainability; proven by impactful initiatives, it said.
Prior to joining East Ventures, Sugiarto was a senior vice president at an asset management firm. She was responsible for deal sourcing, analysis, execution, and fundraising across firm’ investment products, it said.
She was also a key member of the investment partnership with a global alternative investment firm headquartered in the United States, it added.
Of her appointment Sugiarto said, “It’s my pleasure to be part of East Ventures, the leading venture capital firm in Indonesia and Southeast Asia. It has been a great time working closely with the team to empower startups, founders, and creating initiatives to accelerate the overall growth and impacts of the tech industry and ecosystem in the region.”
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