Hillhouse does not have a real estate fund or a team specializing in the sector, according to its website. Hillhouse Capital Management acquired 11 companies. 1 min read. Zhang founded Hillhouse Capital in 2005. 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 . from Doane College, and has been admitted to practice law in California and Nebraska. We also support Nepali language, do you want change to it? Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Today, Mayo Clinic announced it has entered into a joint venture agreement with Hillhouse Capital to advance the quality of health care in China. , . in economics from Harvard College magna cum laude with Phi Beta Kappa honors, and an M.B.A. from Harvard Business School. 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 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 84 portfolio exits. The new fund is called GL Ventures. Joe graduated from Wake Forest University with a B.S. Hillhouse team members are sector specialists with deep vertical knowledge in the consumer, healthcare, financials, and business services sectors. The capital planning process begins in December when we start developing a Q2 forecast for current-year capital spending and funding. 103. Hillhouse Capital Management has made 719 investments. I handled several cases in a quite short period. [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. Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. Zhang Yushuo. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . This website uses cookies to improve your experience. 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. We also support Tagalog language, do you want change to it? The transaction will be closed in the third quarter pending regulatory approval, it added.. The firm was part of a consortium that won a $11.6 billion bid here in 2017 to buy out. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. You also have the option to opt-out of these cookies. If you are an investor and dont want your data to be available here, then write to us. . We also support Thai language, do you want change to it? Lei Zhang (Pic: Hillhouse Capital Management Ltd.) . You can read more about your cookie choices at our privacy policyhere. Founded in 2005, Hillhouse Capital Management is a private equity firm based in Beijing, China. These cookies will be stored in your browser only with your consent. Tracy was Hillhouses very first employee in 2005. generous pay and benefit. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Hillhouse is a global team of more than 350 investment and operating professionals. Hillhouse Capital Management Floor 28, Building B, PingAn International Financial Center, No. Win whats next. The main office of represented VC is situated in the Changyang. The company was founded in 2005 and is based out of Hong Kong, Beijing, and Singapore. Sean is a Partner and Head of the Global Investment Team of Hillhouse. Prior to Hillhouse, Michael was an equity research analyst with CICC. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. We also support Punjabi language, do you want change to it? 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China Investor type PE Founded 2019 AUM - Location China Profile Hillhouse is a long-term fundamental equities investor. Name Country Fund Identification Number Fund Type . Hillhouse Capital is an Asia focused global private investment firm. Our team members are sector experts in consumer, Internet, media, and healthcare. Zhang Lei, founder of Hillhouse Capital Credit: BEYOND Expo. Sept. 19, 2018 5:05 am ET. We also support Indonesian language, do you want change to it? [6], Hillhouse's assets under management ("AUM") were US$73.3 billion as of July 2021. At the time, that was the largest buyout of an Asian company. from Beijing Normal University. 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. site you are consenting to these choices. The fund was called the Hillhouse Real Asset Opportunities Fund (RAOF). At Hillhouse, she has worked across our investment, value creation and business teams. 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. Exciting projects, great pay, supportive team, Corporate structure ( too many different funds) makes communication inefficient. 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 . Hillhouse Capital invests in the healthcare, consumer . Trilegal advised Tablespace Technologies and its founders in transaction structuring, and negotiating and . from Beijing Normal University. 2017 - 2023 Pandaily. Get the full list, Youre viewing 5 of 34 team members. Get data-driven expert analysis from the CB Insights Intelligence Unit. We also support Burmese 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. 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 Read more Industries Investment Management [31], Hillhouse established an exclusive joint venture focused on China with the US healthcare provider, Mayo Clinic. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. [5] The advisor is brilliant. [30], Philips Domestic Appliances: In August 2021 Hillhouse closed the deal of acquisition of the Domestic Appliances business of Philips. We invest globally, with a particular focus on Asia. . This stage-agnostic investment style allows them to focus on multi-year results, rather than on quarterly earnings. Venture Capital & Private Equity, Finance, 900 3rd Ave, New York, New York, 10022, United States. It was just a terrible experience that I had to go out of my ways trying to prove I worked there. generous pay and benefit. 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. 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. Michael picked up his first snowboard at Squaw Valley over 25 years ago and has been hooked ever since. Hillhouse Capital's chief executive Lei Zhang. Our team members are sector experts in consumer, Internet, media, and healthcare. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. in Mathematical Economics. The firm focuses on buyouts and growth investments in the Asia region as well as selective investments in North America and Europe. All rights reserved. It is mandatory to procure user consent prior to running these cookies on your website. 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. 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. Standing in the way of an eighth title for Hillhouse is the. [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). Over more. Previously, he practiced law in the United States, including for O'Melveny & Myers LLP. The university's five-year capital planning process is underway and moving towards final approval at the April meeting of the Yale Corporation. [14], In 2020, Hillhouse spun off its venture capital unit into an independent fund. [9], JD.com: Hillhouse was also an early investor in JD.com. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. , . Since our founding in 2005, weve had the privilege of working with iconic leaders to redefine their industries. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the world's most established public companies. Copyright 2023 Hillhouse Terms of Use, Co-Chief Operating Officer & General Counsel. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. How is pay, wlb & work culture. 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. This rating has decreased by -11% over the last 12 months. For fields that we are optimistic about for a long time, we not only invest in equity, but also buy second-hand assets. Secondary funds and various financial institutions constitute the largest buyers funds in 2021, which are converted into a significant level of actual transactions. We may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. Joe is a Partner and Co-head of the Real Assets Team of Hillhouse. Hillhouse is a long-term fundamental equities investor. Can be intense sometimes, based on projects. Hillhouse Capital is an Asia focused global private investment firm. General Counsel and Chief Compliance Officer, COO at Eastern Shore Rural Health Systems. 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. Hillhouse Capital Group appeared to be the VC, which was created in 2005. [25], Tencent Holdings Ltd: Some original $20 million provided from Yale was invested in Tencent Holdings in 2005. 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. XinTru's independent management team includes Chief Revenue Officer Ben Falloon who brings 20 years of Asia fixed income experience and relationships, and Chief Operating Officer Mark Leahy who has significant experience building and operating capital markets businesses in the region. Hillhouse did not want to get rid of a management team capable of running 20,000 stores, but rather enable them with technology and innovation. Whats the best way to have a lack of compensation and incentive conversation in your department? Hillhouse builds businesses that stand the test of time. This latest strategic move comes after the company set up independent venture fund GL Ventures in 2020. [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. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. The firm also has an office outside of the United States. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Master's degree (Finance) 2019 - 2021; Copyright 2023 CB Information Services, Inc. All rights reserved. Today, CarDekho is one . Since the original buyout of . [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. Hillhouse Capital Group invests globally, with a particular focus on Asia. 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. Tracy is passionate about empowering women in the workplace. 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 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. Our mission is to deliver premium content and contextual insights on Chinas technology scene to the worldwide tech community. At Hillhouse, she has worked across our investment, value creation and business teams. You also have the option to opt-out of these cookies. Independent proprietary research is key to our investment pr . Hillhouse Capital Management has 17 funds, including Hillhouse Fund V. Zhuhai Hillhouse Tiancheng Equity Investment Fund. in Management from the Chinese Academy of Sciences, and a B.S. Necessary cookies are absolutely essential for the website to function properly. Zhang added that . Hillhouse Capital Management recently partnered with Trumid, and Singapore Exchange on February 2, 2021. Capital plan update from Branden Kelly. 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 . in Management from the Chinese Academy of Sciences, and a B.S. IASO previously completed a $60m Series B financing round led by GL Ventures in March 2020. [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. Hillhouse builds businesses that stand the test of time. . Prior to Warburg Pincus, Sean also previously worked at McKinsey and Goldman Sachs. This employer has not claimed their Employer Profile and is missing out on connecting with our community. [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. He joined Hillhouse in 2012 as our General Counsel and Chief Compliance Officer. good title and colleagues!!! , ? Adam currently oversees a team of over 20 legal, compliance, and tax lawyers from across the globe. [8][9] Hillhouse is a long-term fundamental research-driven equity investor, investing in all equity stages in sectors including technology, consumer, healthcare, and financials services. Find out more about salaries and benefits at Hillhouse Capital Management. Sean received an A.B. [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's operating team works hand-in-hand with our entrepreneurs to build growth-oriented solutions from the ground up. Nov 10, 2021 - 7:43am. There are no cons to display at this time. Text. Tablespace Technologies Private Limited has received an investment from the Hillhouse Capital Group involving a primary issuance and a secondary transfer of convertible and ordinary shares. Joe is recently married, but still gets to keep his long hair - both of which are evidence of his negotiating prowess. "[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. 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. . Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. Sean and his team are active across sectors and geographies with a focus on global LBOs and carve-outs. relatively good hours Cons slow project implementation. Philips described the buyer, Hillhouse Capital, as an investment firm that will continue to innovate. There are a number of PE funds, hedge funds and VC funds and each with their own payroll system. How is their IT department for roles like Director or VP? We also support Malay language, do you want change to it? in Economics from Renmin University. [21], In 2022, Hillhouse started its first real estate-focused fund with a total investment of more than $2 billion. Guanghua School of Management, Peking University. The company at the time was managing $100 billion. 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. Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya? Their latest acquisition was George Clinical on December 09, 2022. 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. These cookies will be stored in your browser only with your consent. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. 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. Hillhouse manages about US $50 billion of assets as of September 2018. [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." [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. This rating has decreased by -1% over the last 12 months. A spokesperson for Hillhouse Capital subsequently denied the news. Hillhouse Capital Group is a leading investment management firm. 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? This website uses cookies to improve your experience while you navigate through the website. 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. Their latest portfolio exit was Yikang on February 10, 2023. Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. , ? The will to supply assets is gradually formed. (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. 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 .
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