KONTAN.CO.ID - JAKARTA. The performance of private equity, aka investment portfolio management companies, tended to decline in the first half of this year, in line with the decline in stock prices that became their investment portfolio.
As of June 2023, PT Saratoga Investama Tbk (SRTG), for example, posted a net loss on investments in stocks and other securities of IDR 15 trillion. During a similar period in 2022, Saratoga made a profit of IDR 2.7 trillion.
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