Their latest acquisition was George Clinical on December 09, 2022. Since the original buyout of . Ive inquired about pay but its gotten nowhere. Hillhouse Capital invests in the healthcare, consumer . [14], In 2020, Hillhouse spun off its venture capital unit into an independent fund. By continuing to use this site you are consenting to these choices. Copyright 2023 Hillhouse Terms of Use, Co-Chief Operating Officer & General Counsel. generous pay and benefit. But opting out of some of these cookies may have an effect on your browsing experience. Venture Capital & Private Equity, Finance, 900 3rd Ave, New York, New York, 10022, United States. Get the full list, Youre viewing 5 of 34 team members. Michael heads Hillhouses healthcare investing and is a founding member of the firm. "[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. our sites and services. [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. Hillhouse provides solution capital to exceptional entrepreneurs . The corporate structure is complicated. Hillhouse Capital Management operates as an investment management firm. Principles for Responsible Investment (PRI), Youre viewing 5 of 799 investments and acquisitions. The essence of a secondary transaction is asset continuation rather than simple asset sale. The market share of its liquid detergent has been ranked #1 in China for the past eight consecutive years, from 2010 until 2018. We'll assume you're ok with this, but you can opt-out if you wish. A spokesperson for Hillhouse Capital subsequently denied the news. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . [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. This rating has decreased by -1% over the last 12 months. Adam holds a J.D. Hillhouse Capital Group was founded in 2005 and is based in Beijing, China. Additionally, the seller of the share is not an investment institution. Tracy is passionate about empowering women in the workplace. Hillhouse Capital Management operates as an investment management firm. This website uses cookies to improve your experience. 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 . SEE ALSO: Hillhouse Capital Denies Rumors of Indiscriminate Layoffs. 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. We also support Bengali language, do you want change to it? Headquarters Location Floor 28, Building B PingAn International Financial Center from Beijing Normal University. 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. Standing in the way of an eighth title for Hillhouse is the. The company was founded in 2005 and is based out of Hong Kong, Beijing, and Singapore. 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. 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. 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. 1-3 Xinyuan South Road, Chaoyang District. 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. Hillhouse Capital Group appeared to be the VC, which was created in 2005. , ? Floor 28, Building B, PingAn International Financial Center, No. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. In between, Capital Prep reached five-straight CIAC championship games, losing in Class S in 2012,. Published on : 28 Feb, 2023, 9:23 am. Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu? This rating has decreased by -11% over the last 12 months. 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. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. Joe is a Partner and Co-head of the Real Assets Team of Hillhouse. [31], Hillhouse established an exclusive joint venture focused on China with the US healthcare provider, Mayo Clinic. Sean received an A.B. 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. [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. We also support Indonesian language, do you want change to it? Today, Mayo Clinic announced it has entered into a joint venture agreement with Hillhouse Capital to advance the quality of health care in China. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Win whats next. Tencent today is among the world's most valuable companies, an internet and social media giant . [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. The Academics (17-6) will appear in their 16th SCC championship game on Wednesday night at Quinnipiac University's M&T Bank Arena. This website uses cookies to improve your experience. [7], In 2021, the Financial Times referred to Hillhouse Capital as a "technology private equity investor. 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. This website uses cookies to improve your experience while you navigate through the website. 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. Key Executives Name & Title Bio Katie Kehoe Executive Director, Investor Relations Katie Kehoe serves as the Executive Director, Investor Relations for Hillhouse Capital Management. Hillhouse Capital Management acquired 11 companies. These cookies will be stored in your browser only with your consent. 1 min read. Whats the best way to have a lack of compensation and incentive conversation in your department? But in 2021, many experts think that it has entered an inflection point. 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. On Fishbowl, you can share insights and advice anonymously with Hillhouse Capital Management employees and get real answers from people on the inside. Tracy is passionate about empowering women in the workplace. SHAREHOLDER: direct: 2012-10-01: DOUBLE HAVEN CAPITAL (HONG KONG) LIMITED: SHAREHOLDER: direct: 2012-10-01: CLERESTORY CAPITAL ADVISORS, LLC: SHAREHOLDER: 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. [26], Blue Moon: Hillhouse invested in Blue Moon, a liquid detergent maker, in 2010 as its only outside institutional investor. At the time, that was the largest buyout of an Asian company. Hillhouse is a long-term fundamental equity investor. HILLHOUSE CAPITAL ADVISORS, LTD. [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. Copyright 2023 Hillhouse Terms of Use. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. But opting out of some of these cookies may have an effect on your browsing experience. slow project implementation. Zhang Lei, founder of Hillhouse Capital Credit: BEYOND Expo. It is mandatory to procure user consent prior to running these cookies on your website. [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. These cookies do not store any personal information. Trilegal advised Tablespace Technologies and its founders in transaction structuring, and negotiating and . 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. Read more Industries Investment Management Read employee reviews and ratings on Glassdoor to decide if Hillhouse Capital Management is right for you. Hillhouse does not have a real estate fund or a team specializing in the sector, according to its website. Bridget has also worked at Walkers in the global investment funds team based in Cayman and also Dubai. The firm focuses on buyouts and growth investments in the Asia region as well as selective investments in North America and Europe. in Mathematical Economics. 79% of employees would recommend working at Hillhouse Capital Management to a friend and 82% have a positive outlook for the business. Candidates give an average difficulty score of 2.7 out of 5 (where 5 is the highest level of difficulty) for their job interview at Hillhouse Capital Management. . , ? 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China. These cookies do not store any personal information. Angel, Fund of Funds, Venture Capital), Whether an Organization is for profit or non-profit, General contact email for the organization. Having problems? Hillhouse Capital's chief executive Lei Zhang. [9], JD.com: Hillhouse was also an early investor in JD.com. Venture capital institution Qiming Venture Partners announced that it has raised $3.2 billion for its new fund. In early November, Zhang made a rare public appearance on a panel at the Bloomberg New . Hillhouse Capital Group invests globally, with a particular focus on Asia. 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 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 . Company Description Hillhouse Capital Group is a fundamental equities investment firm focused on the long, long-term. Offices have been set up in Beijing, Hong Kong, New York, California and Singapore. Prior to joining Hillhouse Capital Management, Bridget worked as a Director in the Investment Funds Group at DMS. Learn more. Joe graduated from Wake Forest University with a B.S. It invests globally, with a particular focus on China and Asia. 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 has been recruiting more investment professionals in Southeast Asia and Europe, while its China-based team is looking into overseas startups founded by Chinese . Name Country Fund Identification Number Fund Type . Prior to joining Hillhouse in 2017, Sean was a former Managing Director at Warburg Pincus. 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. At the time of the listing of JD.com on NASDAQ in May 2014, the company was valued at $26 billion. Separated payroll systems, cannot verify employment, work hard, time is urgent, data to analyze. 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. [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. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. 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. 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. ByteDance's plan to launch a VC brand Jinqiu Venture Capital has been reportedly changed, and the brand name was no longer called Jinqiu. good title and colleagues!!! All rights reserved. She is extraordinarily proud that around 50% of Hillhouse employees and partners are women. When hes not in the office or meeting with entrepreneurs, Lei can be found on the slopes, usually with Michael in tow. from the University of Nebraska-Lincoln, a B.A. But can assure you on the whole firm side, Hillhouse is no doubt the best buyside firm in China. - WLB - Brilliant colleagues - great pay( competitive base and guaranteed bonus for the first two years). We also use third-party cookies that help us analyze and understand how you use this website. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. Hillhouse's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. 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 . Glassdoor has 19 Hillhouse Capital Management reviews submitted anonymously by Hillhouse Capital Management employees. . Get the latest business insights from Dun & Bradstreet. [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). 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. Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya? During her legal career, Bridget specialized in all aspects . in Management from the Chinese Academy of Sciences, and a B.S. [16] In 2021, among Hillhouse Capital Management's investments were Xtep,[17] JD Health International, Miniso Group Holding, XPeng, Pinduoduo, BeiGene, and Zoom Video Communications. Contact Information Website www.hillhouseinvestment.com Year Founded 2005 Investor Status Actively Seeking New Investments 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 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. [5] The company was established in Asia in China. 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. 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. He enjoys a good suffer-fest, having recently completed the Haute Route backcountry ski trail and the Leadville 100 mountain bike trail. Hillhouse Capital Management Floor 28, Building B, PingAn International Financial Center, No. The company was founded in 2005 and is based out of Hong Kong, Beijing, and Singapore. January 15, 2015. Hillhouse Capital Management recently partnered with Trumid, and Singapore Exchange on February 2, 2021. Hillhouse Capital Group is a global private equity firm with an East Asian heritage. The fund was called the Hillhouse Real Asset Opportunities Fund (RAOF). Hillhouse Capital Management has 17 funds, including Hillhouse Fund V. Zhuhai Hillhouse Tiancheng Equity Investment Fund. Hillhouse Capital Group is a global private equity firm with an East Asian heritage. Sept. 19, 2018 5:05 am ET. 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 . [25], Tencent Holdings Ltd: Some original $20 million provided from Yale was invested in Tencent Holdings in 2005. [21], In 2022, Hillhouse started its first real estate-focused fund with a total investment of more than $2 billion. The capital planning process begins in December when we start developing a Q2 forecast for current-year capital spending and funding. 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. Hillhouse Capital Management has an overall rating of 4.0 out of 5, based on over 19 reviews left anonymously by employees. 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. Philips described the buyer, Hillhouse Capital, as an investment firm that will continue to innovate. The advisor is brilliant. Previously, he practiced law in the United States, including for O'Melveny & Myers LLP. The company was founded in 2005 and is based in Beijing, China. Adam was Hillhouses first external counsel at our founding. This rating has decreased by -10% over . Michael picked up his first snowboard at Squaw Valley over 25 years ago and has been hooked ever since. 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. [6], Hillhouse's assets under management ("AUM") were US$73.3 billion as of July 2021. Get the full list, Youre viewing 5 of 134 exits. The transaction will be closed in the third quarter pending regulatory approval, it added.. Belle's management, in fact, would be part of the buyout. 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. . 79% of Hillhouse Capital Management employees would recommend working there to a friend based on Glassdoor reviews. Hillhouse Capital Group, founded by Zhang Lei in 2005, focuses on long-term structured investment. Get the full list, Morningstar Institutional Equity Research, PingAn International Financial Center, No. Lei is an avid snowboarder. Find out more about salaries and benefits at Hillhouse Capital Management. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. Hillhouse focuses on the consumer, TMT, industrials and healthcare sectors. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. I thought my 5 year was going to finally show something but it did not. You can read more about your cookie choices at our privacy policyhere. Prior to Hillhouse, Michael was an equity research analyst with CICC. You have reached your free article limit. The company at the time was managing $100 billion. Hillhouse Capital is an Asia focused global private investment firm. It is mandatory to procure user consent prior to running these cookies on your website. She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. [36], According to the Wall Street Journal, Stanford University pledged to invest about US$200 million with Hillhouse in August 2015. According to anonymously submitted Glassdoor reviews, Hillhouse Capital Management employees rate their compensation and benefits as 4.6 out of 5. [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. from Beijing Normal University. 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 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. 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. Paul Limburg, M.D. 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. 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. Pandaily is a tech media based in Beijing. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. 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. Founded by Lei Zhang in 2005, Hillhouse invests with a long-term time horizon and employs a fundamental, bottom-up approach. Pros & Cons are excerpts from user reviews. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. Independent, proprietary research lies at the heart of our investment process. How is their IT department for roles like Director or VP? The company's investment covers health care, consumption and retail, TMT (technology, media, and telecom), advanced manufacturing, finance and enterprise services. Our team members are sector experts in consumer, Internet, media, and healthcare. , . 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.