BANGKOK -- While the giants of private equity -- including KKR, Blackstone, and Carlyle -- are just starting to make waves in Southeast Asia, smaller local funds have long recognized the region's potential, particularly in times of crisis. And they have proved themselves adept at filling niches larger players have so far overlooked.
Navis Capital Group was founded in Kuala Lumpur in 1998, the year after the Asian currency crisis struck. The firm's founders -- Richard Foyston, Nicholas Bloy and Rodney Muse -- all previously worked with The Boston Consulting Group and put their know-how to good use.
