current Chief Executive Officer, Lei Zhang, CBI websites generally use certain cookies to enable better interactions with. Hillhouse Capital is an Asia focused global private investment firm. [14], In 2020, Hillhouse spun off its venture capital unit into an independent fund. 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 . For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. By continuing to use this site you are consenting to these choices. 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. All rights reserved. Hillhouse Capital Management founder Zhang Lei, who last raised money in 2018, is said to be seeking US$13 billion in fresh funding - almost US$10 billion of which will be allocated to buyouts . Joe is a Partner and Co-head of the Real Assets Team of Hillhouse. Join the Hillhouse Capital Management team. Read more Industries Investment Management Colleagues are nice, and my leaders are really helping to learn. We are long-term investors focused on building high-quality businesses that last. 2017 - 2023 Pandaily. 40% of job seekers rate their interview experience at Hillhouse Capital Management as positive. The firm has responded to the news, claiming that secondary fund is our new strategy. , . [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. 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. We'll assume you're ok with this, but you can opt-out if you wish. Hillhouse manages about US $50 billion of assets as of September 2018. 103. [5] View contacts for Hillhouse Capital Group to access new leads and connect with decision-makers. We also support Indonesian language, do you want change to it? Adam was Hillhouses first external counsel at our founding. The company was founded in 2005 and is based out of Hong Kong, Beijing, and Singapore. in Management from the Chinese Academy of Sciences, and a B.S. This category only includes cookies that ensures basic functionalities and security features of the website. 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? Read employee reviews and ratings on Glassdoor to decide if Hillhouse Capital Management is right for you. Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor. Hillhouse Capital Management - Lei Zhang assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey 79% of Hillhouse Capital Management employees would recommend working there to a friend based on Glassdoor reviews. Hillhouse is a significant partner to global institutional investors as well as to non-profit foundations that support meaningful causes such as the arts and music, scientific discovery and poverty alleviation. Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. from Beijing Normal University. Headquarters Location Floor 28, Building B PingAn International Financial Center 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. Floor 28, Building B PingAn International Financial Center. Bridget Kidner joined Hillhouse Capital Management in 2020 as a senior member of the Legal and Compliance Team. Investment Adviser Firm Summary. 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. On Fishbowl, you can share insights and advice anonymously with Hillhouse Capital Management employees and get real answers from people on the inside. Sean was awarded a Varsity letter in ice hockey in college, but prefers to ski and mountain bike now. 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 . 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. These cookies will be stored in your browser only with your consent. 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. 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. 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 All the best, amazing colleagues to work with. We are energized by helping the best companies in the world reach their full potential. It was Hillhouse's earliest investment and one of their most profitable. There is a new private-equity king in Asia. Our mission is to deliver premium content and contextual insights on Chinas technology scene to the worldwide tech community. The company's investment covers health care, consumption and retail, TMT (technology, media, and telecom), advanced manufacturing, finance and enterprise services. Hillhouse Capital Group invests 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. Since the original buyout of . Master's degree (Finance) 2019 - 2021; 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. . San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. [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. Any insights would be helpful. 2023 PitchBook. It is mandatory to procure user consent prior to running these cookies on your website. This website uses cookies to improve your experience while you navigate through the website. Hillhouse Capital Group appeared to be the VC, which was created in 2005. [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. In September 2022, Hillhouse launched Project Aseed+ to create an open, collaborative R&D ecosystem with a dedicated team that will link services in pre-investment, mid-investment, and post . 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 How is their IT department for roles like Director or VP? , ? According to reviews on Glassdoor, employees commonly mention the pros of working at Hillhouse Capital Management to be career development, benefits, culture and the cons to be senior leadership, work life balance. , . 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. The fund was called the Hillhouse Real Asset Opportunities Fund (RAOF). We also use third-party cookies that help us analyze and understand how you use this website. The advisor is brilliant. Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. HILLHOUSE INVESTMENT MANAGEMENT, LTD. ( CRD # 160896/SEC#:801-78022 ) HILLHOUSE (BEIJING) ADVISORY LIMITED - RELYING ADVISER, HILLHOUSE INVESTMENT MANAGEMENT, LTD., HILLHOUSE CAPITAL MANAGEMENT, LTD, HILLHOUSE CAPITAL MANAGEMENT PTE. At the time of the listing of JD.com on NASDAQ in May 2014, the company was valued at $26 billion. Hillhouse's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. These cookies will be stored in your browser only with your consent. Tracy was Hillhouses very first employee in 2005. He enjoys a good suffer-fest, having recently completed the Haute Route backcountry ski trail and the Leadville 100 mountain bike trail. 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. Pros & Cons are excerpts from user reviews. But opting out of some of these cookies may have an effect on your browsing experience. [25], Tencent Holdings Ltd: Some original $20 million provided from Yale was invested in Tencent Holdings in 2005. We invest in high-quality businesses led by extraordinary individuals and teams. 79% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Hillhouse Capital Management employees rate their compensation and benefits as 4.6 out of 5. IASO previously completed a $60m Series B financing round led by GL Ventures in March 2020. [21], In 2022, Hillhouse started its first real estate-focused fund with a total investment of more than $2 billion. honorhsu. Our team members are sector experts in consumer, Internet, media, and healthcare. This category only includes cookies that ensures basic functionalities and security features of the website. Hillhouse Capital Management has 84 portfolio exits. Hillhouse Capital invests in the healthcare, consumer . [9], JD.com: Hillhouse was also an early investor in JD.com. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. It is mandatory to procure user consent prior to running these cookies on your website. Capital plan update from Branden Kelly. Since our founding in 2005, weve had the privilege of working with iconic leaders to redefine their industries. Exciting projects, great pay, supportive team, Corporate structure ( too many different funds) makes communication inefficient. CB Insights Intelligence Analysts have mentioned Hillhouse Capital Management in 12 CB Insights research briefs, most recently on Nov 17, 2022. 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the world's most established public companies. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. Opens the Fishbowl by Glassdoor site in a new window, Join the Hillhouse Capital Management team, Hillhouse Capital Management has an overall rating of 4.0 out of 5, based on over 19 reviews left anonymously by employees. We also support Thai language, do you want change to it? Zhang founded Hillhouse Capital in 2005. Lei Zhang (Pic: Hillhouse Capital Management Ltd.) . 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. Standing in the way of an eighth title for Hillhouse is the. Venture capital institution Qiming Venture Partners announced that it has raised $3.2 billion for its new fund. The market share of its liquid detergent has been ranked #1 in China for the past eight consecutive years, from 2010 until 2018. Founded in 2005, Hillhouse Capital Management is a private equity firm based in Beijing, China. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. (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. The company was established in Asia in China. Offices have been set up in Beijing, Hong Kong, New York, California and Singapore. Hillhouse Capital Management, a global investment firm with a focus on innovative businesses in growth industries, today announced that it is partnering with the management team from Loch Lomond, one of Scotland's most historic and iconic whisky producers, to acquire Loch Lomond Group from Exponent Private Equity. [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. Too many divisions (funds) and no centralized HR department, making it difficult for internal transfer and employment check. 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. Zhang added that . The firm also has an office outside of the United States. in Engineering from Shanghai Maritime University. Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. Get the full list, Youre viewing 5 of 34 team members. [26], Blue Moon: Hillhouse invested in Blue Moon, a liquid detergent maker, in 2010 as its only outside institutional investor. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. Independent, proprietary research lies at the heart of our investment process. HILLHOUSE CAPITAL ADVISORS, LTD. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. But can assure you on the whole firm side, Hillhouse is no doubt the best buyside firm in China. Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito? 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. At Hillhouse, she has worked across our investment, value creation and business teams. Find out more about salaries and benefits at Hillhouse Capital Management. Copyright 2023 CB Information Services, Inc. All rights reserved. in Economics from Renmin University. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Adam grew up in a small town of 500 people in central Nebraska and still owns cattle on his familys ranch. According to anonymously submitted Glassdoor reviews, Hillhouse Capital Management employees rate their compensation and benefits as 4.6 out of 5. The main office of represented VC is situated in the Changyang. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. [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. Paul Limburg, M.D. in International Relations from Yale University and a B.A. When hes not in the office or meeting with entrepreneurs, Lei can be found on the slopes, usually with Michael in tow. Lei and his team are brilliant." One of Hillhouse's first big bets was Tencent -- Zhang believed its QQ instant messaging service was a more significant player in China than many realized. Independent, proprietary research lies at the heart of our investment process. 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. We'll assume you're ok with this, but you can opt-out if you wish. Philips described the buyer, Hillhouse Capital, as an investment firm that will continue to innovate. Founded in 2005, Hillhouse Capital Management is a private equity firm based in Beijing, China. We also use third-party cookies that help us analyze and understand how you use this website. Get the latest business insights from Dun & Bradstreet. 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! Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . Contact Information Website www.hillhouseinvestment.com Year Founded 2005 Investor Status Actively Seeking New Investments Additionally, the seller of the share is not an investment institution. [37][39], CPPIB committed US$200 million to Fund II in 2014, US$300 million to Fund III in 2016 and US$300 million to Fund IV in 2018. In early November, Zhang made a rare public appearance on a panel at the Bloomberg New . Sean and his team are active across sectors and geographies with a focus on global LBOs and carve-outs. NEW YORK (PRWEB)February 08, 2021. Hillhouse has deep . [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's chief executive Lei Zhang. [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). 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. "[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. Bridget has also worked at Walkers in the global investment funds team based in Cayman and also Dubai. You also have the option to opt-out of these cookies. February 28, 2023. The company at the time was managing $100 billion. Lei is an avid snowboarder. Michael graduated from the Marshall School of Business at the University of Southern California with an M.B.A. and he also holds a B.S. [30], Philips Domestic Appliances: In August 2021 Hillhouse closed the deal of acquisition of the Domestic Appliances business of Philips. They are not authored by Glassdoor. Secondary funds and various financial institutions constitute the largest buyers funds in 2021, which are converted into a significant level of actual transactions. Tracy is passionate about empowering women in the workplace. 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. Their latest investment was in Eluminex Biosciences as part of their Series B on February 2, 2023. 1-3 Xinyuan South Road, Chaoyang District. Name Country Fund Identification Number Fund Type . SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: Hillhouse Capital Management has made 719 investments. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. This website uses cookies to improve your experience. Hillhouse Capital Management acquired 11 companies. 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. 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. Over more than a decade, Hillhouse Capital has worked alongside iconic companies that have redefined their ind. Copyright 2023 Hillhouse Terms of Use, Co-Chief Operating Officer & General Counsel. Glassdoor has 19 Hillhouse Capital Management reviews submitted anonymously by Hillhouse Capital Management employees. In the early years, CarDekho focused on building a strong team and expanding its services. [12] In reference to its historical ties with the Yale endowment, the company is named after Hillhouse Avenue in New Haven, one block from where the Yale University investment office was previously located. 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. The capital planning process begins in December when we start developing a Q2 forecast for current-year capital spending and funding. Though there 's no garden leave, the company's rule to not verify employment for anyone worked for less than 2 year makes it difficult to leave. Hillhouse Capital Management Floor 28, Building B, PingAn International Financial Center, No. This website uses cookies to improve your experience. Key Executives Name & Title Bio Katie Kehoe Executive Director, Investor Relations Katie Kehoe serves as the Executive Director, Investor Relations for Hillhouse Capital Management. The transaction will be closed in the third quarter pending regulatory approval, it added.. This latest strategic move comes after the company set up independent venture fund GL Ventures in 2020. Hillhouse works with the Mayo organization to expand its healthcare outreach in China. Commercial Customer Service Representative. [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. Trilegal advised Tablespace Technologies and its founders in transaction structuring, and negotiating and . Total Funds Raised: $10.6B Most Recent Funds Raised: $10.6B Hillhouse builds businesses that stand the test of time. 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. Its main participants include many sellers, buyers and intermediaries, and have undergone three waves of growth. The corporate structure is complicated. You have reached your free article limit. Submitters are 7x more likely to receive a qualified connection. Hillhouse bookended the decade with Class L titles in 2010 and 2011 and then again in 2019. Angel, Fund of Funds, Venture Capital), Whether an Organization is for profit or non-profit, General contact email for the organization. We also support Punjabi language, do you want change to it? site you are consenting to these choices. Hillhouse Capital Management has 5 strategic partners and customers. 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. Lei earned his M.B.A and M.A. The firm has responded to the news, claiming that "secondary fund is our new strategy. 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 is a long-term fundamental equities investor. Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu? Venture Capital & Private Equity, Finance, 900 3rd Ave, New York, New York, 10022, United States. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. relatively good hours. in Mathematical Economics. Joe graduated from Wake Forest University with a B.S. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. Ive inquired about pay but its gotten nowhere. [12] According to the Financial Times, Zhang built Hillhouse by being one of the first investment firms to back China's burgeoning internet sector, including investing in Tencent Holdings, a large internet company. Hillhouse Capital Management recently partnered with Trumid, and Singapore Exchange on February 2, 2021. ByteDance's plan to launch a VC brand Jinqiu Venture Capital has been reportedly changed, and the brand name was no longer called Jinqiu. At Hillhouse, she has worked across our investment, value creation and business teams. [22], Hillhouse's rapid growth stemmed from its investing track record, with up to 52% annualized returns from inception until 2012[8][23][24] and continued strong performance as the firm scaled. Our team members are sector experts in consumer, Internet, media, and healthcare. She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. . The company was founded in 2005 and is based in Beijing, China. Name Country Fund Identification Number Fund Type . HILLHOUSE CAPITAL ADVISORS, LTD. . We invest globally, with a particular focus on Asia. Zhang Lei, founder of Hillhouse Capital Credit: BEYOND Expo. 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 .