We invest globally, with a particular focus on Asia. Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. Bridget has also worked at Walkers in the global investment funds team based in Cayman and also Dubai. The fund was called the Hillhouse Real Asset Opportunities Fund (RAOF). All rights reserved. The company was established in Asia in China. The company invested heavily in technology and created innovative features like car comparisons and reviews. You have reached your free article limit. The company was founded in 2005 and is based in Beijing, China. Hillhouse has deep . [5] Find out more about, 79% of Hillhouse Capital Management employees would recommend working there to a friend, superb culture and pay, limited mobilities, Disorganized HR system can't provide employment verification, Above street pay but cant verify employment. Prior to Hillhouse, Michael was an equity research analyst with CICC. We also support Malay language, do you want change to it? Hillhouse partners with world-class entrepreneurs who operate at the intersection of growth and sustainability. Hillhouse Capital's chief executive Lei Zhang. Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. These cookies do not store any personal information. - WLB - Brilliant colleagues - great pay( competitive base and guaranteed bonus for the first two years). Belle's management, in fact, would be part of the buyout. Their latest acquisition was George Clinical on December 09, 2022. Hillhouse Capital Hillhouse Capital invests globally with the aim of working with entrepreneurs and management teams to build high quality businesses that achieve sustainable long-term growth . Published on : 28 Feb, 2023, 9:23 am. Prior to joining Hillhouse, he was managing director and partner at Warburg Pincus from 2005 to 2020, leading its real estate business in Asia as co-head from 2008 to 2012 and sole head from 2012 to 2020. . IASO previously completed a $60m Series B financing round led by GL Ventures in March 2020. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Hillhouse Capital headquarters are located in 900 3rd Ave, New York, New York, 10022, United States, Hillhouse Capitals main industries are: Venture Capital & Private Equity, Finance, Investment Banking, Hillhouse Capital appears in search results as Hillhouse Capital Fund LP, HillHouse, Hillhouse Capital Group, Get Free Access to Hillhouse Capital Contacts Info. Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor. Win whats next. Their latest portfolio exit was Yikang on February 10, 2023. We invest across Asia and the world from home bases in Singapore, Hong Kong and Beijing . , ? Capital plan update from Branden Kelly. I handled several cases in a quite short period. [12], When it comes to buyout investments in traditional industries Hillhouse has argued that technological innovation can be harnessed for job creation, saying that technology can act as an "equalizer" as opposed to a "disruptor. from Beijing Normal University. Zhang Yushuo. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. The main office of represented VC is situated in the Changyang. We also support Bengali language, do you want change to it? These cookies will be stored in your browser only with your consent. On July 18, Yinglefei Semiconductor (Nanjing) Co., Ltd. changed its business registration information and added several new shareholders, including Hubei Xiaomi Changjiang Industrial Investment Fund Partnership. Hillhouse Capital is an Asia focused global private investment firm. generous pay and benefit. Necessary cookies are absolutely essential for the website to function properly. Prior to Warburg Pincus, Sean also previously worked at McKinsey and Goldman Sachs. current Chief Executive Officer, Lei Zhang, CBI websites generally use certain cookies to enable better interactions with. Get the latest business insights from Dun & Bradstreet. 1 min read. All the best, amazing colleagues to work with. [16] In 2021, among Hillhouse Capital Management's investments were Xtep,[17] JD Health International, Miniso Group Holding, XPeng, Pinduoduo, BeiGene, and Zoom Video Communications. A spokesperson for Hillhouse Capital subsequently denied the news. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. 2023 PitchBook. It takes less than ten minutes to set up your company page. Prior to joining Hillhouse, he was managing director and partner at Warburg Pincus from 2005 to 2020, leading its real estate business in Asia as co-head from 2008 to 2012 and sole head from 2012 to 2020. It is mandatory to procure user consent prior to running these cookies on your website. Hillhouse Capital Management acquired 11 companies. This website uses cookies to improve your experience. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. This rating has decreased by -10% over . The secondary private equity market refers to transactions of pre-existing investor commitments, and the demand of transferring shares of private equity exists in the secondary market of private equity. This website uses cookies to improve your experience. Hillhouse is a long-term fundamental equity investor. "[19] In 2022, it invested in J&T Express, a delivery company,[20] and it also invested in EventX, a company in Hong Kong, through its early-stage investment arm GL Ventures. honorhsu. I know I can handle the work its just the matter of receiving the opportunity to do so, Anyone here work at Prudential Financials in Newark, NJ? Adam grew up in a small town of 500 people in central Nebraska and still owns cattle on his familys ranch. Hillhouse works with the Mayo organization to expand its healthcare outreach in China. February 28, 2023. from Beijing Normal University. LTD. - RELYING ADVISER, HILLHOUSE CAPITAL MANAGEMENT LIMITED - RELYING ADVISER. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric Capital, where he served as a manager of business development with GE Real Estate in Tokyo. Previously, he practiced law in the United States, including for O'Melveny & Myers LLP. 79% of employees would recommend working at Hillhouse Capital Management to a friend and 82% have a positive outlook for the business. This employer has not claimed their Employer Profile and is missing out on connecting with our community. The company also expects to receive around 700 million euros in the coming years, as Hillhouse will license the Philips brand name for 15 years under the deal. ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. At the time, that was the largest buyout of an Asian company. She is extraordinarily proud that around 50% of Hillhouse employees and partners are women. [40], 804/Zhang-Value_Investing_Congress_West_2010.pdf, "Hillhouse in talks to take developer SOHO China private, sources say", "Ex-Warburg real estate veteran to team up with Hillhouse", "Hillhouse Capital to Bid for Thyssenkrupp Elevator Unit", "Hillhouse Capital Management Cuts Passive Stake", "Hillhouse Capital to Combine Singapore Offices in New Location", "EXCLUSIVE Hong Kong's PAG seeking to raise $9 bln with new buyout fund", "Low-profile Beijing fund with envious record" (subscription only), "Hillhouse Capital Said to Raise $2 Billion Private Equity Fund", "Asia's Biggest Private Equity Acquirer Is Seeking $6 Billion", "Tencent, Hillhouse-backed GaoTeng launches fund to invest in debt securities", "Private Equity Giant Hillhouse Sets Up 10 Billion Yuan Venture Fund - Caixin Global", Airwallex aims to upend global payments system, Chinas Xtep Closes At New Record On Hillhouse Investment; Ding Clans Fortune Tops $2 Bln, Hillhouse Builds Investing War Chest With $18 Billion Raise, Snow Lake to liquidate Asia fund after executives quit, Hong Kongs offline and virtual events platform EventX closes $18M Series B, "CPPIB Boost Hillhouse Real Estate Fund to Final Close- Mingtiandi", "Hillhouse, DST And Capital Today To Exit In JD.Com's $500M Follow-On Offering", "What China's Leading Tech Investor Saw In a Traditional Shoe Company", "China's Hunger for Safe Food Attracts Tencent-Backer Hillhouse", "Tencent, Hillhouse Agree to $145M Deal With Retailer MINISO - Mingtiandi", "Philips Sells Appliances to Hillhouse in $4.4 Billion Deal", "Mayo and Hillhouse Capital China for the first time to develop flexible business model of medical services", "Peet's opens Shanghai cafe and roastery in first international foray", "Goldman Sachs | Talks at GS - Lei Zhang, Founder and CEO of Hillhouse Capital", "Stanford Is Giving This Chinese Investor $200 Million", "Stanford to hand $200 million to Chinese fund manager", "Stanford moves into Hillhouse with $200m", "Private Equity Asia | CPPIB | Canada Pension Plan Investment Board", https://en.wikipedia.org/w/index.php?title=Hillhouse_Capital_Group&oldid=1136490201, This page was last edited on 30 January 2023, at 15:44. Get the full list, Youre viewing 5 of 34 team members. 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China. Hillhouse provides solution capital to exceptional entrepreneurs . Founded by billionaire Zhang Lei 17 years ago, Hong Kong-based Hillhouse has grown from a boutique hedge fund into a behemoth with US$106 billion (S$144 billion) in assets at the end of 2021. Hillhouse Capital is an Asia focused global private investment firm. Hillhouse Capital and its group members manage over US$35 billion in assets on behalf of institutional clients such as university endowments, foundations, sovereign wealth funds, and family. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . [2][3][4] Hillhouse was founded by Lei Zhang in 2005 with initial seed capital from the Yale University endowment and invests across East Asia, Southeast Asia, North America, and Europe. [2] [3] [4] Hillhouse was founded by Lei Zhang in 2005 with initial seed capital from the Yale University endowment and invests across East Asia, Southeast Asia, North America, and Europe. Get the full list, Morningstar Institutional Equity Research, PingAn International Financial Center, No. We also support Tagalog language, do you want change to it? 3E Bioventures, Cenova Ventures, Hillhouse Capital Management, Lilly Asia Ventures, Oriza Holdings, Quan Capital, and Yuexiu Industrial Investment Fund, China Structural Reform Fund, Hillhouse Capital Management, TigerYeah Capital, Undisclosed Investors, Xiamen C&D, Yuexiu Industrial Investment Fund, and Zhenji Capital. Investment Adviser Firm Summary. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. Hillhouse did not want to get rid of a management team capable of running 20,000 stores, but rather enable them with technology and innovation. She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. Tracy was Hillhouses very first employee in 2005. This stage-agnostic investment style allows us to focus on multi-year results, rather than on quarterly earnings. [citation needed] Hillhouse Capital was nearing raising US$18 billion to back three new funds in May 2021, higher than the projected $13 billion in April 2021, according to reports, with $10 billion to be allocated to buyouts, and the rest "split between growth equity and venture." Zhang Lei of Hillhouse (speaking) may be linking tech and real estate with his latest fund (Source: Getty Images) Canada's CPP Investments (CPPIB) revealed earlier this month that it had committed $300 million to Hillhouse Capital Group's inaugural real estate fund during the quarter ending 30 June, with that vehicle having now reached a . Hillhouse Capital Management recently partnered with Trumid, and Singapore Exchange on February 2, 2021. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. [13] GaoTeng Global Asset Management, a partnership between Tencent Holdings and Hillhouse, launched GaoTeng Asian Income Fund in November 2018, to focus on investing in government and corporate bonds. Sean and his team are active across sectors and geographies with a focus on global LBOs and carve-outs. Hillhouse Capital Management operates as an investment management firm. Hillhouse Capital is one of the biggest investment firms in Asia, currently managing over $65 billion. Hillhouse Capital Management operates as an investment management firm. This website uses cookies to improve your experience while you navigate through the website. [5] Hillhouse is headquartered in Singapore and maintains offices in Beijing, Hong Kong, London, New York City and Shanghai. Hillhouse bought into 22 companies, 10 of which are in the biomedical field, according to a third-quarter report the Beijing-based company released yesterday. by Cheyenne Dong Sep 21, 2022. Private equity heavyweight Hillhouse Capital will spin off its venture capital (VC) unit into an independent fund with 10 billion yuan ($1.42 billion) in initial capital to invest in emerging startups. from Doane College, and has been admitted to practice law in California and Nebraska. Over more. The company's investment covers health care, consumption and retail, TMT (technology, media, and telecom), advanced manufacturing, finance and enterprise services. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. In 2018, the company raised $110 million in a funding round led by Sequoia Capital and Hillhouse Capital, among others. Nov 10, 2021 - 7:43am. Colleagues View in org chart Manager Lei Zhang Founder and CEO Peers Tracy Ma COO Adam Hornung General Counsel and Chief Compliance Officer Michael Yi Co-Chief Investment Officer Luke Li Chief Innovation Architect Teams Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya? Text. [37] With Stanford's investment, the firm manages "money for at least six of the 10 wealthiest universities in the U.S."[38], The other university investors in Hillhouse include Princeton University, Massachusetts Institute of Technology, University of Pennsylvania, University of Texas, and Yale University. You can read more about your. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Name Country Fund Identification Number Fund Type . The capital planning process begins in December when we start developing a Q2 forecast for current-year capital spending and funding. He joined Warburg Pincus in 1996 and spent 20 years with the firm across New York and London. Company Description Hillhouse Capital Group is a fundamental equities investment firm focused on the long, long-term. This latest strategic move comes after the company set up independent venture fund GL Ventures in 2020. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. Active, Closed, Alternate or previous names for the organization, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, This describes the type of investor this organization is (e.g. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Ardian, one of the largest PE funds in the world with a management scale of $120 billion, completed fundraising of the worlds largest secondary fund of $19 billion in 2020, causing a sensation in the industry. Before and after the asset portfolio transaction, the GP share remains unchanged. Its main participants include many sellers, buyers and intermediaries, and have undergone three waves of growth. Find company research, competitor information, contact details & financial data for Hillhouse Capital Management, Ltd. of GEORGE TOWN, GRAND CAYMAN. Early Stage Venture, Late Stage Venture, Post-Ipo, Private Equity, Find More Contacts for Hillhouse Capital Group, Edit Lists Featuring This Company Section, Hillhouse Capital Group Portfolio Companies, Early Stage Venture Investors with Investments in Nanjing, Jiangsu, Private Equity Firms with Investments in Greater Boston Area. The new fund is called GL Ventures. At the time of the listing of JD.com on NASDAQ in May 2014, the company was valued at $26 billion. But in 2021, many experts think that it has entered an inflection point. , ? We also use third-party cookies that help us analyze and understand how you use this website. The essence of a secondary transaction is asset continuation rather than simple asset sale. We are energized by helping the best companies in the world reach their full potential. This rating has decreased by -1% over the last 12 months. We are long-term investors focused on building high-quality businesses that last. Separated payroll systems, cannot verify employment, work hard, time is urgent, data to analyze. Today, CarDekho is one . Read more Industries Investment Management Lei also spent two years as an investment analyst covering Southeast Asia and Africa. Contact Information Website www.hillhouseinvestment.com Year Founded 2005 Investor Status Actively Seeking New Investments ByteDance's plan to launch a VC brand Jinqiu Venture Capital has been reportedly changed, and the brand name was no longer called Jinqiu. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Tracy was Hillhouses very first employee in 2005. Despite currently living in an apartment in Hong Kong, Adams young daughters are hard at work trying to convince him to get a pony as their next pet. [12], By 2017, the firm had participated in more private equity acquisitions in the Asia-Pacific region than any other private equity firm, totaling $26 billion worth of transactions. Lei is an avid snowboarder. [29], Miniso: In October 2018 Hillhouse and Tencent signed a strategic investment agreement with Japanese-style retailer Miniso worth RMB 1 billion ($145.6 million). This category only includes cookies that ensures basic functionalities and security features of the website. Master's degree (Finance) 2019 - 2021; Pandaily is a tech media based in Beijing. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. Today, Mayo Clinic announced it has entered into a joint venture agreement with Hillhouse Capital to advance the quality of health care in China. Hillhouse Capital Management has 2 service provider relationships. Hillhouse was also one of the first firms to invest in JD.com, the e-commerce company. [6], Hillhouse's assets under management ("AUM") were US$73.3 billion as of July 2021. Having problems? The market share of its liquid detergent has been ranked #1 in China for the past eight consecutive years, from 2010 until 2018. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. Secondary funds and various financial institutions constitute the largest buyers funds in 2021, which are converted into a significant level of actual transactions. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Since our founding in 2005, weve had the privilege of working with iconic leaders to redefine their industries. January 15, 2015. Our team members are sector experts in consumer, Internet, media, and healthcare. Learn more. There is a new private-equity king in Asia. Too many divisions (funds) and no centralized HR department, making it difficult for internal transfer and employment check. Hillhouse's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. The firm focuses on buyouts and growth investments in the Asia region as well as selective investments in North America and Europe. Founded in 2005, Hillhouse Capital Management is a private equity firm based in Beijing, China. Prior to joining Hillhouse in 2017, Sean was a former Managing Director at Warburg Pincus. Philips described the buyer, Hillhouse Capital, as an investment firm that will continue to innovate.