# Bakrie & Brothers Bakrie & Brothers is a Corporate Investor based in Jakarta, Indonesia. ## Overview - **Organization type:** Corporate Investor - **Headquarters:** Jakarta, Indonesia - **Region:** Asia - **Address:** Jakarta, Indonesia - **Founded:** 1942 - **Assets under management:** Undisclosed - **Website:** bakrie-brothers.com - **LinkedIn:** https://linkedin.com/company/bakrie-&-brothers - **Wikidata:** Q31204173 ## Regulatory record - **Reports private funds:** No ## About Founded in 1942, Bakrie & Brothers grew alongside the Indonesian economy under the stewardship of the Bakrie family. Anindya Bakrie serves as CEO, while his father Aburizal Bakrie — former Coordinating Minister for People’s Welfare and ex-chairman of the broader Bakrie Group — shaped the group’s political and business architecture. The firm’s publicly traded entity, PT Bakrie & Brothers Tbk, operates as a holding company with wealth originating in commodities trading, mining, and agriculture, later expanding into construction and telecommunications. The group operates four core industrial units. Bakrie Metal Industries provides steel fabrication for bridges and pipe networks. Bakrie Indo Infrastructure holds the Cimanggis-Cibitung Toll Road concession in West Java and participated in infrastructure development for Indonesia’s new capital city, IKN, in collaboration with Pertamina. Bakrie Building Industries manufactures construction materials for domestic and export markets. Bakrie Autoparts produces ferrous foundry and precision-machined automotive components. The portfolio also includes the Bakrie Tower office complex, the mixed-use Rasuna Epicentrum development, and a stake in the electric-vehicle transition through a partnership with BYD Auto. On the media side, the group owns a digital broadcasting license through its subsidiary PT Visi Media Asia. In May 2025, shareholders approved a rights issue, and the firm reported an 11.6% year-on-year revenue increase for the first quarter of 2025 (per firm website). Anindya Bakrie leads Indonesia’s Chamber of Commerce and Industry (Kadin Indonesia), sits on the APEC Business Advisory Council, and participates in the World Economic Forum. The family office-like structure extends into sports with ownership of Oxford United Football Club and Jakarta-based basketball team Pelita Jaya Bakrie. Philanthropic activity runs through the Bakrie Amanah, Bakrie Center Foundation, and Bakrie Untuk Negeri foundations. Bakrie & Brothers’ structural differentiator is the fusion of a publicly listed industrial holding with family-office-style principal investing and top-tier government connectivity. The group co-invests alongside state-owned enterprises like Pertamina, holds infrastructure concessions, and directs strategic capital into sectors aligned with national industrial policy — a posture inaccessible to most purely private family offices. ## Sectors - Manufacturing - Infrastructure - Automotive - Energy Transition & Renewables - Real Estate - Media & Entertainment ## People - Anindya Bakrie — CEO - Aburizal Bakrie — Family Member ## Questions ### Who runs investment decisions at Bakrie & Brothers? Anindya Bakrie, as CEO of the publicly listed PT Bakrie & Brothers Tbk, oversees the group’s strategic direction and capital allocation. His father Aburizal Bakrie, though no longer chairman, remains a significant influence given the family’s controlling stake and legacy within the business. ### How does Bakrie & Brothers source proprietary deal flow? Deal flow is heavily tied to Indonesia’s national infrastructure agenda. Anindya Bakrie’s roles as Chairman of Kadin Indonesia and Chairman of the APEC Business Advisory Council for Indonesia provide early visibility into public-private partnership opportunities and regulatory shifts. ### Does Bakrie & Brothers participate in fund commitments or only direct deals? The group operates primarily through direct investments and wholly owned subsidiaries across infrastructure, manufacturing, and media. It does not publicly report a fund-of-funds program, instead deploying capital into strategic joint ventures such as the EV partnership with BYD Auto. ### What investment sectors does Bakrie & Brothers target? Core sectors are manufacturing (metal fabrication, building materials, automotive components), infrastructure (toll roads, telecommunications, power plants), and energy transition (electric vehicles). The group also holds real estate and media assets. ### Which sectors does Bakrie & Brothers explicitly avoid? The firm does not publish an explicit exclusion list. Its publicly disclosed activity clusters in heavy industrial, infrastructure, and strategic media, with no apparent exposure to software, healthcare, or consumer brands. ### What is Bakrie & Brothers’ known posture on co-investments alongside external partners? The group co-invests with state-owned enterprises and foreign strategic partners. Documented collaborations include infrastructure work with Pertamina at the new capital city IKN and the BYD Auto partnership for EV development in Indonesia. ## Related profiles - [Bakken & Bæck](https://altss.com/profile/bakken-b-ck) - [Baladi Ventures](https://altss.com/profile/baladi-ventures) --- Last updated: 2026-07-06T00:31:15.143Z Canonical page: https://altss.com/profile/bakrie-brothers Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology