Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. The essence of a secondary transaction is asset continuation rather than simple asset sale. [30], Philips Domestic Appliances: In August 2021 Hillhouse closed the deal of acquisition of the Domestic Appliances business of Philips. Win whats next. Sean was awarded a Varsity letter in ice hockey in college, but prefers to ski and mountain bike now. current Chief Executive Officer, Lei Zhang, CBI websites generally use certain cookies to enable better interactions with. in Economics from Renmin University. Hillhouse Capital is an Asia focused global private investment firm. Hillhouse's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. This rating has decreased by -10% over . These cookies do not store any personal information. We also support Indonesian language, do you want change to it? All the best, amazing colleagues to work with. Offices have been set up in Beijing, Hong Kong, New York, California and Singapore. [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. Key Executives Name & Title Bio Katie Kehoe Executive Director, Investor Relations Katie Kehoe serves as the Executive Director, Investor Relations for Hillhouse Capital Management. Over more. 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. Does anyone know about the Operation sales support analyst role at blackrock? Adam grew up in a small town of 500 people in central Nebraska and still owns cattle on his familys ranch. The capital planning process begins in December when we start developing a Q2 forecast for current-year capital spending and funding. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. . The firm has responded to the news, claiming that "secondary fund is our new strategy. By combining Mayo Clinic's patient care, medical . . Lei earned his M.B.A and M.A. "[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. The advisor is brilliant. 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. 1-3 Xinyuan South Road, Chaoyang District. 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. 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. , . Hillhouse Capital Management operates as an investment management firm. Hillhouse does not have a real estate fund or a team specializing in the sector, according to its website. Joe graduated from Wake Forest University with a B.S. I handled several cases in a quite short period. Hillhouse Capital builds businesses that stand the test of time. SGX, Trumid and Hillhouse Capital form joint venture to launch new Asian bond trading platform. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. 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. In the early years, CarDekho focused on building a strong team and expanding its services. Despite their best efforts, their kids are still faster and more stylish than they are. Pros & Cons are excerpts from user reviews. 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. The new fund is called GL Ventures. They are not authored by Glassdoor. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. Hillhouse Capital Management - Lei Zhang assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey Philips described the buyer, Hillhouse Capital, as an investment firm that will continue to innovate. Company Description Hillhouse Capital Group is a fundamental equities investment firm focused on the long, long-term. Hillhouse Capital Management recently partnered with Trumid, and Singapore Exchange on February 2, 2021. We may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. 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 . Sean and his team are active across sectors and geographies with a focus on global LBOs and carve-outs. You can reach the main office by calling the phone number 852-2179-1977. , . 79% of Hillhouse Capital Management employees would recommend working there to a friend based on Glassdoor reviews. Floor 28, Building B, PingAn International Financial Center, No. Floor 28, Building B PingAn International Financial Center. Necessary cookies are absolutely essential for the website to function properly. from Beijing Normal University. Belle's management, in fact, would be part of the buyout. Hillhouse Capital Management has an overall rating of 4.0 out of 5, based on over 19 reviews left anonymously by employees. - WLB - Brilliant colleagues - great pay( competitive base and guaranteed bonus for the first two years). When hes not in the office or meeting with entrepreneurs, Lei can be found on the slopes, usually with Michael in tow. [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. 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 has been recruiting more investment professionals in Southeast Asia and Europe, while its China-based team is looking into overseas startups founded by Chinese . Before and after the asset portfolio transaction, the GP share remains unchanged. Hillhouse builds businesses that stand the test of time. This employer has not claimed their Employer Profile and is missing out on connecting with our community. [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 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. Can be intense sometimes, based on projects. honorhsu. Tracy was Hillhouses very first employee in 2005. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. There is a new private-equity king in Asia. Hillhouse Capital invests in the healthcare, consumer . We also support Thai language, do you want change to it? Name Country Fund Identification Number Fund Type . We invest globally, with a particular focus on Asia. In between, Capital Prep reached five-straight CIAC championship games, losing in Class S in 2012,. [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. 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. 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. Whats the best way to have a lack of compensation and incentive conversation in your department? Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. January 15, 2015. , ? [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. If you are an investor and dont want your data to be available here, then write to us. You can read more about your. 79% of employees would recommend working at Hillhouse Capital Management to a friend and 82% have a positive outlook for the business. Hillhouse Capital Management has an overall rating of 4.0 out of 5, based on over 19 reviews left anonymously by employees. Hillhouse is a long-term fundamental equity investor. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. We also use third-party cookies that help us analyze and understand how you use this website. We also support Tagalog language, do you want change to it? [5] Michael heads Hillhouses healthcare investing and is a founding member of the firm. ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. The firm focuses on buyouts and growth investments in the Asia region as well as selective investments in North America and Europe. We invest in high-quality businesses led by extraordinary individuals and teams. Hillhouse Capital Group is a global private equity firm with an East Asian heritage. Hillhouse's original $255 million investment was, at the time of the IPO, valued at $3.9 billion. Copyright 2023 CB Information Services, Inc. All rights reserved. Principles for Responsible Investment (PRI), Youre viewing 5 of 799 investments and acquisitions. Hillhouse Capital Group, founded by Zhang Lei in 2005, focuses on long-term structured investment. 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. View contacts for Hillhouse Capital Group to access new leads and connect with decision-makers. This category only includes cookies that ensures basic functionalities and security features of the website. [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. in Engineering from Shanghai Maritime University. [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. Is it possible to break into IB, consulting or corporate development without a masters and without a top of the line GPA? [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. 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 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! On Fishbowl, you can share insights and advice anonymously with Hillhouse Capital Management employees and get real answers from people on the inside. Independent, proprietary research lies at the heart of our investment process. 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China. She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. In early November, Zhang made a rare public appearance on a panel at the Bloomberg New . 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. You can read more about your cookie choices at our privacy policyhere. Our team members are sector experts in consumer, Internet, media, and healthcare. Name Country Fund Identification Number Fund Type . We are energized by helping the best companies in the world reach their full potential. Hillhouse partners with world-class entrepreneurs who operate at the intersection of growth and sustainability. 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 . These cookies do not store any personal information. Prior to joining Hillhouse Capital Management, Bridget worked as a Director in the Investment Funds Group at DMS. [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. The main office of represented VC is situated in the Changyang. relatively good hours Cons slow project implementation. Standing in the way of an eighth title for Hillhouse is the. Investment Analyst Intern EIP @ Hillhouse Capital (Gao Ling Zi Ben ) Investment Banking Summer Analyst @ Citi; Education. [26], Blue Moon: Hillhouse invested in Blue Moon, a liquid detergent maker, in 2010 as its only outside institutional investor. Hillhouse was also one of the first firms to invest in JD.com, the e-commerce company. When the background check company reached out, they weren't able to verify or connect the right team for it. Bridget has also worked at Walkers in the global investment funds team based in Cayman and also Dubai. Learn more. SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: Hillhouse works with the Mayo organization to expand its healthcare outreach in China. [36], According to the Wall Street Journal, Stanford University pledged to invest about US$200 million with Hillhouse in August 2015. But opting out of some of these cookies may have an effect on your browsing experience. HILLHOUSE CAPITAL ADVISORS, LTD. It was Hillhouse's earliest investment and one of their most profitable. [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). Hillhouse builds businesses that stand the test of time. CBI websites generally use certain cookies to enable better interactions with our sites and services. Sept. 19, 2018 5:05 am ET. The will to supply assets is gradually formed. [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. We also support Punjabi language, do you want change to it? For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. We also support Nepali language, do you want change to it? The company was established in Asia in China. Read employee reviews and ratings on Glassdoor to decide if Hillhouse Capital Management is right for you. Over more than a decade, Hillhouse Capital has worked alongside iconic companies that have redefined their ind. It is mandatory to procure user consent prior to running these cookies on your website. Hillhouse manages about US $50 billion of assets as of September 2018. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . We also support Burmese language, do you want change to it? Our team members are sector experts in consumer, Internet, media, and healthcare. 2017 - 2023 Pandaily. [5] Hillhouse is headquartered in Singapore and maintains offices in Beijing, Hong Kong, London, New York City and Shanghai. At the time of the listing of JD.com on NASDAQ in May 2014, the company was valued at $26 billion. Any insights would be helpful. Since our founding in 2005, weve had the privilege of working with iconic leaders to redefine their industries. Total Funds Raised: $10.6B Most Recent Funds Raised: $10.6B , ? Read more Industries Investment Management in Management from the Chinese Academy of Sciences, and a B.S. Join the Hillhouse Capital Management team. The firm also has an office outside of the United States. There are no cons to display at this time. 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. [15] As of 2020, Hillhouse was an investor in companies such as Airwallex. , ? I thought my 5 year was going to finally show something but it did not. The fund was called the Hillhouse Real Asset Opportunities Fund (RAOF). Their latest acquisition was George Clinical on December 09, 2022. All rights reserved. CB Insights Intelligence Analysts have mentioned Hillhouse Capital Management in 12 CB Insights research briefs, most recently on Nov 17, 2022. At the time, that was the largest buyout of an Asian company. Hillhouse is a long-term fundamental equities investor. It is mandatory to procure user consent prior to running these cookies on your website. Sometimes the workload is a little heavy. By continuing to use this site you are consenting to these choices. Venture Capital & Private Equity, Finance, 900 3rd Ave, New York, New York, 10022, United States. [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. SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: ByteDance's plan to launch a VC brand Jinqiu Venture Capital has been reportedly changed, and the brand name was no longer called Jinqiu. 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 has 5 strategic partners and customers. Ive inquired about pay but its gotten nowhere. We also support Malay language, do you want change to it? Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu? We are long-term investors focused on building high-quality businesses that last. Prior to joining Hillhouse in 2017, Sean was a former Managing Director at Warburg Pincus. Zhang added that . This website uses cookies to improve your experience. All rights reserved. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. But can assure you on the whole firm side, Hillhouse is no doubt the best buyside firm in China. 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. our sites and services. [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. This website uses cookies to improve your experience while you navigate through the website. We also use third-party cookies that help us analyze and understand how you use this website. 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. Capital plan update from Branden Kelly. [31], Hillhouse established an exclusive joint venture focused on China with the US healthcare provider, Mayo Clinic. 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. Previously, he practiced law in the United States, including for O'Melveny & Myers LLP. Investment Adviser Firm Summary. We also support Bengali language, do you want change to it? A spokesperson for Hillhouse Capital subsequently denied the news. The company was founded in 2005 and is based in Beijing, China. [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. [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." This stage-agnostic investment style allows them to focus on multi-year results, rather than on quarterly earnings. 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. It was just a terrible experience that I had to go out of my ways trying to prove I worked there. Headquarters Location Floor 28, Building B PingAn International Financial Center 40% of job seekers rate their interview experience at Hillhouse Capital Management as positive. Angel, Fund of Funds, Venture Capital), Whether an Organization is for profit or non-profit, General contact email for the organization. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Secondary funds and various financial institutions constitute the largest buyers funds in 2021, which are converted into a significant level of actual transactions. Prior to Warburg Pincus, Sean also previously worked at McKinsey and Goldman Sachs. Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor.

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