Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . Founded by Lei Zhang in 2005, Hillhouse invests with a long-term time horizon and employs a fundamental, bottom-up approach. Founded by Chinese businessman Zhang Lei, Hillhouse is raising what would be Asia's largest U.S. dollar-denominated fund targeting $13 billion, and its largest-ever yuan fund of over 20 billion. Hillhouse is a long-term fundamental equities investor. The company at the time was managing $100 billion. Tracy was Hillhouses very first employee in 2005. [36], According to the Wall Street Journal, Stanford University pledged to invest about US$200 million with Hillhouse in August 2015. Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya? Independent proprietary research is key to our investment pr . ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. Get data-driven expert analysis from the CB Insights Intelligence Unit. [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. 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. Hillhouse Capital Management has 5 strategic partners and customers. We are energized by helping the best companies in the world reach their full potential. Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. Read more Industries Investment Management Copyright 2023 Hillhouse Terms of Use. We'll assume you're ok with this, but you can opt-out if you wish. If there is no certain investor e-mail then it can be as their e-mail is not publicly accessible, available in other sources or even due to GDPR reasons. We also support Thai language, do you want change to it? Get the full list, Morningstar Institutional Equity Research, PingAn International Financial Center, No. good title and colleagues!!! Hillhouse Capital Group is a global private equity firm with an East Asian heritage. in Management from the Chinese Academy of Sciences, and a B.S. We also support Malay language, do you want change to it? Name Country Fund Identification Number Fund Type . Zhang added that . . This partnership combines Trumid 's cutting-edge technology and fixed income expertise , Singapore Exchange 's deep experience in Asian financial market infrastructure and electronic trading , and Hillhouse 's expertise and network in Asia and the financial services sector . [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. But opting out of some of these cookies may have an effect on your browsing experience. Chinas private equity market has experienced more than 30 years of development, and has exceeded 20 trillion yuan ($2.99 trillion) of market scale. If you are an investor and dont want your data to be available here, then write to us. [citation needed], Belle International: In July 2017 Hillhouse purchased for $6.8 billion the largest women's Chinese footwear company, Belle International Holdings Ltd.[27][28], Global Logistic Properties: Hillhouse, together with Hopu Investment Management, purchased Singapore-based warehouse operator Global Logistic Properties in 2017 for $12 billion. By combining Mayo Clinic's patient care, medical . [32], In November 2017 Peet's Coffee China, a partnership between Hillhouse Capital and San Francisco-based Peet's Coffee, opened the first Peet's Coffee roastery in Shanghai. Tablespace Technologies Private Limited has received an investment from the Hillhouse Capital Group involving a primary issuance and a secondary transfer of convertible and ordinary shares. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Before and after the asset portfolio transaction, the GP share remains unchanged. Hillhouse Capital Management operates as an investment management firm. We also support Punjabi language, do you want change to it? SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. [9], Hillhouse was also an early investor in Expanding on Sequoias generative AI market map: The 250 companies driving generative AI forward, Blockchain And Smart Contract Auditing Firm CertiK Raises At Nearly $1B Valuation From Sequoia Capital China And Others, Here Are The Most Active Healthcare Investors, This Sequoia Capital-Backed Company Raised $200M To Expand Its Overnight Delivery Services In South Korea, Tiger Global-Backed AfterShip Raises A $66M Series B To Expand Shipment Tracking, These 12 Industries Are Gaining Traction Amid The Covid-19 Pandemic, This Week In AI: AI Chip Maker Eswin Raises $283M, MIT Researchers Develop New AI Chip, Retail Startup Scandit Raises $80M, This Week In AI: OpenAI Debuts New Language Model, Synack Raises $52M, Singapores Central Bank Partners With Element AI on Credit Scoring, Chinas IASO Biotherapeutics snaps almost $74m in Series C round, DealShot: 15 Deals Worth $540 Million With GL Ventures, China Structural Reform Fund And More, Notizie da: EY, East Ventures, Init-6, GMO VenturePartners, Saison Capital, LCatterton, Cygnus Equity, Meridian Capital China, GL Ventures, GF Xinde Investment e altri, Hillhouse Reportedly Moving to Singapores MBFC and More Asia Real Estate Headlines, Royal Philips - Domestic Appliance Business. Joe is recently married, but still gets to keep his long hair - both of which are evidence of his negotiating prowess. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: Independent, proprietary research lies at the heart of our investment process. Hillhouse Capital Management acquired 11 companies. 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. In early November, Zhang made a rare public appearance on a panel at the Bloomberg New . Adam holds a J.D. During her legal career, Bridget specialized in all aspects . Hillhouse team members are sector specialists with deep vertical knowledge in the consumer, healthcare, financials, and business services sectors. Bridget has also worked at Walkers in the global investment funds team based in Cayman and also Dubai. Prior to Hillhouse, Tracy worked with China Securities Co., Ltd. Tracy holds an M.B.A. from the University of Chicago Booth School of Business, an M.S. Hillhouse does not have a real estate fund or a team specializing in the sector, according to its website. Hillhouse Capital Group is a leading investment management firm. The firm has responded to the news, claiming that secondary fund is our new strategy. The main office of represented VC is situated in the Changyang. Name Country Fund Identification Number Fund Type . Ive inquired about pay but its gotten nowhere. 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. If there are no contacts of this investor, please write to us, we will try to find them as soon as possible and get back to you! Necessary cookies are absolutely essential for the website to function properly. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. in Economics from Renmin University. Prior to Warburg Pincus, Sean also previously worked at McKinsey and Goldman Sachs. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. Our team hails from universities in Singapore, Boston, Hong Kong, Beijing, Chicago, Dublin, Lincoln, London, New York, Palo Alto, Paris, Philadelphia, Princeton, Shanghai, Seoul, Sydney, Tokyo, and of course, New Haven. Hillhouse Capital Management - Lei Zhang assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey Hillhouse Capital Management has 17 funds, including Hillhouse Fund V. Zhuhai Hillhouse Tiancheng Equity Investment Fund. This category only includes cookies that ensures basic functionalities and security features of the website. Their latest investment was in Eluminex Biosciences as part of their Series B on February 2, 2023. Hillhouse Capital Group, founded by Zhang Lei in 2005, focuses on long-term structured investment. generous pay and benefit. 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. relatively good hours. Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. , ? The automated manchine translation of regional languages is powered by NiuTrans. This stage-agnostic investment style allows them to focus on multi-year results, rather than on quarterly earnings. Read employee reviews and ratings on Glassdoor to decide if Hillhouse Capital Management is right for you. Company Description Hillhouse Capital Group is a fundamental equities investment firm focused on the long, long-term. This category only includes cookies that ensures basic functionalities and security features of the website. 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 He enjoys a good suffer-fest, having recently completed the Haute Route backcountry ski trail and the Leadville 100 mountain bike trail. Pros & Cons are excerpts from user reviews. Tracy is passionate about empowering women in the workplace. Hillhouse Capital is one of the biggest investment firms in Asia, currently managing over $65 billion. 1 min read. At present, we are cooperating with local government-guided funds to promote secondary funds. The company added, This is a normal secondary fund transaction, and the market potential is huge, which promotes venture capital, 36Kr reported on Thursday. [1] As of August 2021, Hillhouse is the largest private equity fund operating in Asia with the completion of fundraising for its US$18 billion fifth flagship private equity fund breaking the previous record set by KKR's US$15 billion pan-Asia private equity fund raised that same year. Lei is an avid snowboarder. Hillhouse Capital Group invests globally, with a particular focus on Asia. 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China Investor type PE Founded 2019 AUM - Location China Profile Hillhouse is a long-term fundamental equities investor. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. Can be ranked below the megafunds with presence in China ( KKR, BX, Carlyle), but considering deal flows, it is no doubt the strongest (Tencent investment team may be a little higher . Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. But can assure you on the whole firm side, Hillhouse is no doubt the best buyside firm in China. Standing in the way of an eighth title for Hillhouse is the. These cookies do not store any personal information. He joined Warburg Pincus in 1996 and spent 20 years with the firm across New York and London. Text. In the early years, CarDekho focused on building a strong team and expanding its services. ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. Hillhouses operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. View contacts for Hillhouse Capital Group to access new leads and connect with decision-makers. [30], Philips Domestic Appliances: In August 2021 Hillhouse closed the deal of acquisition of the Domestic Appliances business of Philips. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. [10][11], Lei Zhang founded Hillhouse Capital Group in June 2005 with an initial US$20 million of seed capital from the Yale University endowment through David Swensen, Yale's Chief Investment Officer at the time. It invests across all stages, with a fund called Hillhouse Ventures that specifically focuses on early-stage companies that are creating innovative products and platforms. The company invested heavily in technology and created innovative features like car comparisons and reviews. Pandaily is a tech media based in Beijing. We also use third-party cookies that help us analyze and understand how you use this website. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. idk specifically about AM. site you are consenting to these choices. Hillhouse Capital Denies Rumors of Indiscriminate Layoffs, ByteDance Changes Plan to Launch VC Brand, Qiming Venture Partners Completes Fundraising of $3.2B, Xiaomi Invests in Yinglefei Semiconductor. [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." Venture capital institution Qiming Venture Partners announced that it has raised $3.2 billion for its new fund. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. Hillhouse is a global team of more than 350 investment and operating professionals. Hillhouse Capital Management has 2 service provider relationships. CBI websites generally use certain cookies to enable better interactions with our sites and services. Bridget Kidner joined Hillhouse Capital Management in 2020 as a senior member of the Legal and Compliance Team. Floor 28, Building B, PingAn International Financial Center, No. Exciting projects, great pay, supportive team, Corporate structure ( too many different funds) makes communication inefficient. 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. In 2013, Blue Moon was ranked #1 in the China Brand Power Index published by Ministry of Industry and Information Technology. A spokesperson for Hillhouse Capital subsequently denied the news. 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. He joined Hillhouse in 2012 as our General Counsel and Chief Compliance Officer. Hillhouse Capital invests in the healthcare, consumer . Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor. Get the full list, Youre viewing 5 of 134 exits. [15] As of 2020, Hillhouse was an investor in companies such as Airwallex. Trilegal advised Tablespace Technologies and its founders in transaction structuring, and negotiating and .