1 min read. Hillhouse Capital Management operates as an investment management firm. honorhsu. [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. Hillhouse Capital Group invests globally, with a particular focus on Asia. 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. A senior individual in the secondary fund industry told 36Kr that in the secondary market of private equity in 2021, the scale of existing assets continued to rise. , ? Hillhouse Capital Management - Lei Zhang assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey However, due to the unique path dependence of VC/PE on IPO exits in the past years, secondary funding has always been in a marginal position in China. (Yicai Global) Nov. 18 -- Chinese private equity firm Hillhouse Capital Group boosted its investments in healthcare companies to a total of USD13.2 billion in the third quarter. But opting out of some of these cookies may have an effect on your browsing experience. idk specifically about AM. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. Prior to joining Hillhouse Capital Management, Bridget worked as a Director in the Investment Funds Group at DMS. Necessary cookies are absolutely essential for the website to function properly. Exciting projects, great pay, supportive team, Corporate structure ( too many different funds) makes communication inefficient. In early November, Zhang made a rare public appearance on a panel at the Bloomberg New . Commercial Customer Service Representative. When the background check company reached out, they weren't able to verify or connect the right team for it. This website uses cookies to improve your experience. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. Independent, proprietary research lies at the heart of our investment process. Tracy is passionate about empowering women in the workplace. Secondary funding has been enthusiastically sought after overseas, and has become an important tool to regulate the primary market in Europe and America for more than 30 years. 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. Our mission is to deliver premium content and contextual insights on Chinas technology scene to the worldwide tech community. But opting out of some of these cookies may have an effect on your browsing experience. 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. 10,313 Highlights Investments 6 Exits 2 Similar Companies 9 raised $6,000,000 View All Details Operating Status Active Also Known As Hillhouse Number of Exits 2 Lists Featuring This Company Investors Active in Huangpu, Shanghai The advisor is brilliant. 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. She is extraordinarily proud that around 50% of Hillhouse employees and partners are women. Can be intense sometimes, based on projects. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. in Management from the Chinese Academy of Sciences, and a B.S. 103. We invest in high-quality businesses led by extraordinary individuals and teams. Get data-driven expert analysis from the CB Insights Intelligence Unit. Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. [15] As of 2020, Hillhouse was an investor in companies such as Airwallex. 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? View contacts for Hillhouse Capital Group to access new leads and connect with decision-makers. Join the Hillhouse Capital Management team See Our Latest Jobs 3.0 Current Employee, more than 1 year Above street pay but can't verify employment Dec 22, 2022 - Investment Analyst Recommend CEO Approval Business Outlook Pros Exciting projects, great pay, supportive team, Cons Great culture - humble and nice people who are willing to teach you. Contact Information Website www.hillhouseinvestment.com Year Founded 2005 Investor Status Actively Seeking New Investments These cookies do not store any personal information. Hillhouse focuses on the consumer, TMT, industrials and healthcare sectors. Hillhouse's original $255 million investment was, at the time of the IPO, valued at $3.9 billion. 2017 - 2023 Pandaily. As more and more people pay attention to long-term investment, investing in ESG has become an important trend in the era of sustainable development, Hillhouse Capital founder Zhang Lei said on Wednesday during the BEYOND Virtual event. SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: . 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. [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. Hillhouse Capital Management has made 719 investments. current Chief Executive Officer, Lei Zhang, CBI websites generally use certain cookies to enable better interactions with. Established in 2005, Hillhouse Capital Management is an alternative asset manager that makes public and private equity investments in Asia across multiple industries, with a particular focus on consumer, media, industrial, and commodity-related sectors. Name Country Fund Identification Number Fund Type . Floor 28, Building B PingAn International Financial Center. Employees also rated Hillhouse Capital Management 4.0 out of 5 for work life balance, 4.6 for culture and values and 4.4 for career opportunities. slow project implementation. Affected by new asset management regulations, financial institutions are in urgent need of withdrawal and conversion, shares held by state-owned assets are gradually accumulated, and many funds are superimposed to enter the late period, which is driven by multiple factors. LTD. - RELYING ADVISER, HILLHOUSE CAPITAL MANAGEMENT LIMITED - RELYING ADVISER. [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. Hillhouse Capital is one of the biggest investment firms in Asia, currently managing over $65 billion. Whats the best way to have a lack of compensation and incentive conversation in your department? Prior to Hillhouse, Michael was an equity research analyst with CICC. She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. IASO previously completed a $60m Series B financing round led by GL Ventures in March 2020. 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. 2023 PitchBook. In between, Capital Prep reached five-straight CIAC championship games, losing in Class S in 2012,. Hillhouse is a long-term fundamental equities investor. 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. [33], Hillhouse does deep and fundamental research on industries and business models, and applies the value investing philosophy in local contexts while investing in different geographies. We also support Malay language, do you want change to it? CB Insights Intelligence Analysts have mentioned Hillhouse Capital Management in 12 CB Insights research briefs, most recently on Nov 17, 2022. [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. The new fund is called GL Ventures. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. Floor 28, Building B, PingAn International Financial Center, No. . 79% of Hillhouse Capital Management employees would recommend working there to a friend based on Glassdoor reviews. Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor. We invest globally, with a particular focus on Asia. ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. According to anonymously submitted Glassdoor reviews, Hillhouse Capital Management employees rate their compensation and benefits as 4.6 out of 5. We also support Bengali language, do you want change to it? This rating has decreased by -1% over the last 12 months. Hillhouse Capital Management has 5 strategic partners and customers. All rights reserved. by Cheyenne Dong Sep 21, 2022. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. You can read more about your cookie choices at our privacy policyhere. Hillhouse Capital is one of world's biggest and most successful investment firms, a financial powerhouse that has raised billions of dollars from universities, pension funds, foundations in the U.S. and elsewhere and reinvested those funds to produce outsized returns. In the early years, CarDekho focused on building a strong team and expanding its services. [6], Hillhouse's assets under management ("AUM") were US$73.3 billion as of July 2021. Despite their best efforts, their kids are still faster and more stylish than they are. [9], JD.com: Hillhouse was also an early investor in JD.com. We also use third-party cookies that help us analyze and understand how you use this website. 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. The company's investment covers health care, consumption and retail, TMT (technology, media, and telecom), advanced manufacturing, finance and enterprise services. 40% of job seekers rate their interview experience at Hillhouse Capital Management as positive. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. HAMILTON, Bermuda, July 15, 2021 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that it has entered into an agreement to repurchase an aggregate of 3,749,400 ordinary. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. The company was founded in 2005 and is based in Beijing, China. Hillhouse Capital Management has an overall rating of 4.0 out of 5, based on over 19 reviews left anonymously by employees. It was Hillhouse's earliest investment and one of their most profitable. Its main participants include many sellers, buyers and intermediaries, and have undergone three waves of growth. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. [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. Pros & Cons are excerpts from user reviews. [12], According to the Financial Times, Hillhouse will often bring together leaders of their portfolio companies to share insights, believing that it is beneficial for executives to learn from one another. Hillhouse Capital Management has 2 service provider relationships. The principal office where Hillhouse Capital Advisors, Ltd. performs its advisory services is located at Suite 2202, 22 Nd Floor, Central, , which is also the mailing address of the firm. At the time, that was the largest buyout of an Asian company. Hillhouse's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. He joined Hillhouse in 2012 as our General Counsel and Chief Compliance Officer. . Great food, probably the best pantry I have ever seen, Sometimes working hours are too long - but the time spent with quality people is enjoyable, Great deal flow, talented and ambitious team, nice people with a supportive culture, Hours are brutal, but depending on the team it may be more or less stressful.