Adam was Hillhouses first external counsel at our founding. (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. Hillhouse Capital Management has made 719 investments. This category only includes cookies that ensures basic functionalities and security features of the website. In early November, Zhang made a rare public appearance on a panel at the Bloomberg New . 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. Total Funds Raised: $10.6B Most Recent Funds Raised: $10.6B It was just a terrible experience that I had to go out of my ways trying to prove I worked there. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. 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. Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu? Hillhouse Capital Management has 2 service provider relationships. 79% of Hillhouse Capital Management employees would recommend working there to a friend based on Glassdoor reviews. She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Company Description Hillhouse Capital Group is a fundamental equities investment firm focused on the long, long-term. [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. We'll assume you're ok with this, but you can opt-out if you wish. At the time of the listing of JD.com on NASDAQ in May 2014, the company was valued at $26 billion. [28], Little Freddie: In 2018 Hillhouse began investing in the food sector, including organic baby food and snack manufacturer Little Freddie; a Californian craft beer maker and a pet food brand. We are long-term investors focused on building high-quality businesses that last. 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. At the time, that was the largest buyout of an Asian company. 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. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. Hillhouse has been recruiting more investment professionals in Southeast Asia and Europe, while its China-based team is looking into overseas startups founded by Chinese . [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. It is mandatory to procure user consent prior to running these cookies on your website. Hillhouse Capital Management has 3 team members, including current Chief Executive Officer, Lei Zhang. Hillhouse Capital Fund IV is likely to have beaten KKR's record of US$9.3 billion to become the largest pool of private equity capital ever raised with a focus on the Asia-Pacific region . Hillhouse team members are sector specialists with deep vertical knowledge in the consumer, healthcare, financials, and business services sectors. 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. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. Commercial Customer Service Representative. [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. 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. ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. 40% of job seekers rate their interview experience at Hillhouse Capital Management as positive. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . 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. 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. Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor. 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 Floor 28, Building B PingAn International Financial Center. Hillhouse's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. Their latest acquisition was George Clinical on December 09, 2022. Get the full list, Youre viewing 5 of 134 exits. This stage-agnostic investment style allows them to focus on multi-year results, rather than on quarterly earnings. Can be intense sometimes, based on projects. Learn more. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. You also have the option to opt-out of these cookies. Sept. 19, 2018 5:05 am ET. Independent, proprietary research lies at the heart of our investment process. 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. If you are an investor and dont want your data to be available here, then write to us. Hillhouse Capital Group invests globally, with a particular focus on Asia. The market share of its liquid detergent has been ranked #1 in China for the past eight consecutive years, from 2010 until 2018. 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But opting out of some of these cookies may have an effect on your browsing experience. Additionally, the seller of the share is not an investment institution. There is a new private-equity king in Asia. from Doane College, and has been admitted to practice law in California and Nebraska. Here's a list of some of the top trending technologies and APIs used by Hillhouse Capital. 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. Michael heads Hillhouses healthcare investing and is a founding member of the firm. CBI websites generally use certain cookies to enable better interactions with our sites and services. We also support Punjabi language, do you want change to it? It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. Exciting projects, great pay, supportive team, Corporate structure ( too many different funds) makes communication inefficient. You can read more about your cookie choices at our privacy policyhere. The main office of represented VC is situated in the Changyang. Headquarters Location Floor 28, Building B PingAn International Financial Center Whats the best way to have a lack of compensation and incentive conversation in your department? Hillhouse Capital Management operates as an investment management firm. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. by Cheyenne Dong Sep 21, 2022. The company was founded in 2005 and is based out of Hong Kong, Beijing, and Singapore. During her legal career, Bridget specialized in all aspects . The new fund is called GL Ventures. General Counsel and Chief Compliance Officer, COO at Eastern Shore Rural Health Systems. Hillhouses operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. LTD. - RELYING ADVISER, HILLHOUSE CAPITAL MANAGEMENT LIMITED - RELYING ADVISER. [5] In this episode of Talks at GS, filmed at the Builders + Innovators Summit in Asia, Hillhouse Capital Founder and CEO Lei Zhang discusses the business landsc. You can reach the main office by calling the phone number 852-2179-1977. Hillhouse Capital Management has an overall rating of 4.0 out of 5, based on over 19 reviews left anonymously by employees. Key Executives Name & Title Bio Katie Kehoe Executive Director, Investor Relations Katie Kehoe serves as the Executive Director, Investor Relations for Hillhouse Capital Management. A spokesperson for Hillhouse Capital subsequently denied the news. We also use third-party cookies that help us analyze and understand how you use this website. SEE ALSO: Hillhouse Capital Denies Rumors of Indiscriminate Layoffs. All the best, amazing colleagues to work with. in Economics from Renmin University. [18] In August 2021 Hillhouse completed fundraising for its fifth flagship private equity investment fund at US$18 billion, the largest amount of capital raised by any private equity firm in Asia and breaking the previous record set by KKR's US$15 billion pan-Asia private equity fund also raised in 2021. [14], In 2020, Hillhouse spun off its venture capital unit into an independent fund. This latest strategic move comes after the company set up independent venture fund GL Ventures in 2020. Hillhouse Capital Management - Lei Zhang assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey 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. [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. Hillhouse Capital Group is an investment firm that focuses on long-term value in healthcare, consumer and retail, advanced manufacturing, and enterprise services. Belle's management, in fact, would be part of the buyout. Hillhouse Capital is an Asia focused global private investment firm. We invest globally, with a particular focus on Asia. Adam holds a J.D. [15] As of 2020, Hillhouse was an investor in companies such as Airwallex. 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. I thought my 5 year was going to finally show something but it did not. Join the Hillhouse Capital Management team See Our Latest Jobs 4.0 Current Employee superb culture and pay, limited mobilities 22 Dec 2022 - Associate Recommend CEO Approval Business Outlook Pros amazing colleagues to work with. 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. Pros & Cons are excerpts from user reviews. 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. Hillhouse Capital Group appeared to be the VC, which was created in 2005. SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: The firm focuses on buyouts and growth investments in the Asia region as well as selective investments in North America and Europe. 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. 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. She is extraordinarily proud that around 50% of Hillhouse employees and partners are women. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Investment Adviser Firm Summary. our sites and services. 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! 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 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. This rating has decreased by -10% over . The will to supply assets is gradually formed. Hillhouse builds businesses that stand the test of time. good title and colleagues!!! 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. [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." in Management from the Chinese Academy of Sciences, and a B.S. 79% of employees would recommend working at Hillhouse Capital Management to a friend and 82% have a positive outlook for the business. . Sean was awarded a Varsity letter in ice hockey in college, but prefers to ski and mountain bike now. Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya? CB Insights Intelligence Analysts have mentioned Hillhouse Capital Management in 12 CB Insights research briefs, most recently on Nov 17, 2022. Hillhouse Capital Group, a Chinese investment firm that has backed many prominent internet and consumer companies, said . site you are consenting to these choices. NEW YORK (PRWEB)February 08, 2021. Tencent today is among the world's most valuable companies, an internet and social media giant . He joined Hillhouse in 2012 as our General Counsel and Chief Compliance Officer. We also support Indonesian language, do you want change to it? Hillhouse Capital Management has 5 strategic partners and customers. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. , ? Principles for Responsible Investment (PRI), Youre viewing 5 of 799 investments and acquisitions. We also support Tagalog language, do you want change to it? Find company research, competitor information, contact details & financial data for Hillhouse Capital Management, Ltd. of GEORGE TOWN, GRAND CAYMAN. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. We may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. 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 Profile and History . current Chief Executive Officer, Lei Zhang, CBI websites generally use certain cookies to enable better interactions with. We are energized by helping the best companies in the world reach their full potential. [7], Hillhouse manages capital for institutional clients such as university endowments, foundations, sovereign wealth funds, pension funds, and family offices and is known for its avoidance of publicity. Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito? Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies.