# TSM

TSM is an Asset Manager based in Jakarta, Indonesia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Jakarta, Indonesia
- **Region:** Asia
- **Address:** Jakarta, Indonesia
- **Founded:** 1993
- **Assets under management:** Undisclosed
- **Website:** tsmakmur.com
- **LinkedIn:** https://www.linkedin.com/company/tsm

## Regulatory record

- **Reports private funds:** No

## About

TSM, also known as Touchstone Spend Management, operates in procurement consulting and spend management applications. The company provides services including source-to-pay process transformation, procurement platform implementation, and supplier management. Founded in 1982, TSM is based in London, England.

## Sectors

- Media & Entertainment
- Financial Services
- Energy Transition & Renewables
- Real Estate
- Infrastructure

## People

- Harry Tanoesoedibjo — Founder

## Questions

### Who runs investment decisions at TSM?

Harry Tanoesoedibjo exercises final investment authority over TSM's portfolio. The firm does not maintain a publicly disclosed professional investment committee structure. Day-to-day execution draws on MNC Group's senior finance and strategy personnel, creating a tight linkage between the operating conglomerate's capital allocation and TSM's investment pacing.

### Does TSM invest in venture capital or early-stage technology?

TSM has not publicly disclosed a dedicated venture capital allocation. The firm's known investments skew toward control-oriented or large minority stakes in asset-heavy sectors, such as banking, real estate development, and energy. Tanoesoedibjo has occasionally participated in seed-stage digital media ventures through separate personal vehicles, but TSM's core mandate is late-stage and strategic capital aligned with MNC Group's corporate ecosystem.

### Does TSM take outside LP capital?

TSM does not publicly solicit or report third-party LP capital. All disclosed investments are funded through MNC Group's retained earnings and the Tanoesoedibjo family's personal balance sheet. The firm does not operate a fund-of-funds or open-ended vehicle structure accessible to external allocators.

## Related profiles

- [HDK Solutions](https://altss.com/profile/hdk-solutions)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/tsm

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