Gunung Capital
Gunung / Raja Paksi family's Single Family Office · Singapore, Singapore
$500M estimated AUM
AUM figures are estimates compiled from public sources. How we source our data.
About Gunung Capital
Gunung Capital is a Singapore-based single family office linked to the Indonesian Tanoto family behind PT Gunung Raja Paksi Tbk (GRP), a vertically integrated steelmaker whose roots trace to a privately owned steel mill founded in 1970. The firm is a private investment management company that originated from PT Gunung Raja Paksi Tbk, which became a vertically integrated steel company within Southeast Asia. It was co-founded in 2019 by Kimin Tanoto, former Executive Chairman of GRP, together with Kelvin Fu. The office pursues ESG-guided impact investing, with a particular emphasis on decarbonizing carbon-intensive sectors. Its investments span infrastructure, building materials, energy, supply chain logistics, trading, land development and consumer-related businesses. Third-party estimates place assets under management at roughly $500 million.
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Frequently Asked Questions
What is Gunung Capital?
Gunung Capital is a single family office associated with Gunung / Raja Paksi family, based in Singapore, Singapore.
Where is Gunung Capital located?
Gunung Capital is based in Singapore, Singapore.
How much does Gunung Capital manage?
Gunung Capital is estimated to oversee approximately $500M in assets. As a private family office it files no public AUM disclosures, so figures are third-party estimates compiled from public sources.