Founded in 2009, our firm has built successes on developing trusted advisor relationships and delivering innovative solutions that make a clear economic sense.
Our understanding of the markets in Indonesia and Asia allows us to look beyond the immediate need and see the actual business to measure the true value of the asset. As an investment holding, NorthCliff primarily focuses on activities in the Corporate Finance, including Mergers & Acquisitions, Debt Capital Market Issuances, Infrastructure Financing and Debt Restructurings.

Our network varies from highly individual net worth groups to financial institutions, from local sources to overseas such as Pension Funds, Hedge Funds, Distressed Funds and Strategic Investors. As a key part of the future strategic and business plans, our firm expands its focus on real estate investments, such as by acquiring several boutique and independent hotels with the goals of creating long term values and strengthening the core holdings.

Northcliff Group is one of South East Asia’s leading investment firm with US$ 180 million (IDR 2 Trillion) in assets under management through our expertise in distressed securities and assets.


To be the preferred investment partner for business owners and management teams that seek outstanding returns and to be a positive contributor to the country.


To become a leading investment group in Indonesia and Southeast Asia, one with integrity and public trust.


NorthCliff spans a diversity of business activities which allows us to take advantage of opportunities across multiple markets. Our subsidiaries in Asset Management and Financial Services act as a backbone to support all activities within the group.



Founder & Chairman of Northcliff Group

Mr. Sulistio holds a Bachelor Degree in Economics and Finance from the University of Wisconsin, USA. Since 1995, he has been serving in Banking, Finance and Capital Markets with a proven capacity in Mergers and Acquisitions transactions.

Chief Advisor to the Chairman of Northcliff Group

Mr. Wong has over 45 years of experience in the International Finance and Project Arena.
For 30 years, he has been serving as a trusted advisor to the Ministry of Public Administration and Head of States.

Managing Director of Northcliff Group

Mr. Prokscha has prior experiences in Advisory, Management Consulting, and Big4 firms responsible for leading industries and sectors across a broad geographical set, such as Asia, Africa, Europe, and Australia. He exhibits strong expertise in Turnaround, Capital-Intensive Projects, and Asset Management.

Chief Financial Officer of Northcliff Group

Mr. Sastro holds a Master of Accountancy and Financial Information Systems and a Master of Business Administration from Cleveland State University, Ohio. He had extensive working experiences with multinational companies, such as BAM Decorient, Mattel, Northstar Group and ING.