. Tencent today is among the world's most valuable companies, an internet and social media giant . HAMILTON, Bermuda, July 15, 2021 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that it has entered into an agreement to repurchase an aggregate of 3,749,400 ordinary. [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. Submitters are 7x more likely to receive a qualified connection. Investment Adviser Firm Summary. (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. A spokesperson for Hillhouse Capital subsequently denied the news. Hillhouse Capital is one of the biggest investment firms in Asia, currently managing over $65 billion. 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. honorhsu. IASO previously completed a $60m Series B financing round led by GL Ventures in March 2020. Tracy is passionate about empowering women in the workplace. Today, Mayo Clinic announced it has entered into a joint venture agreement with Hillhouse Capital to advance the quality of health care in China. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. Hillhouse's original $255 million investment was, at the time of the IPO, valued at $3.9 billion. Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. Zhang Lei, founder of Hillhouse Capital Credit: BEYOND Expo. Hillhouse provides solution capital to exceptional entrepreneurs . 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. [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. , . You also have the option to opt-out of these cookies. At Hillhouse, she has worked across our investment, value creation and business teams. Hillhouse Capital Management acquired 11 companies. Hillhouse Capital Group appeared to be the VC, which was created in 2005. from Beijing Normal University. The fund was called the Hillhouse Real Asset Opportunities Fund (RAOF). She is extraordinarily proud that over 60% of the members of her team, which is the largest at Hillhouse, are women. 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. Since our founding in 2005, weve had the privilege of working with iconic leaders to redefine their industries. [9], JD.com: Hillhouse was also an early investor in JD.com. 103. Hillhouse Capital Management operates as an investment management firm. 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 Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. 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. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the worlds most established public companies. Hillhouse Capital's chief executive Lei Zhang. Additionally, the seller of the share is not an investment institution. Copyright 2023 Hillhouse Terms of Use. Hillhouse Capital invests in the healthcare, consumer . When the background check company reached out, they weren't able to verify or connect the right team for it. Standing in the way of an eighth title for Hillhouse is the. [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. Whats the best way to have a lack of compensation and incentive conversation in your department? Ive inquired about pay but its gotten nowhere. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. 79% of employees would recommend working at Hillhouse Capital Management to a friend and 82% have a positive outlook for the business. You can read more about your. According to anonymously submitted Glassdoor reviews, Hillhouse Capital Management employees rate their compensation and benefits as 4.6 out of 5. In 2013, Blue Moon was ranked #1 in the China Brand Power Index published by Ministry of Industry and Information Technology. Contact Information Website www.hillhouseinvestment.com Year Founded 2005 Investor Status Actively Seeking New Investments We also support Indonesian language, do you want change to it? Trilegal advised Tablespace Technologies and its founders in transaction structuring, and negotiating and . The firm focuses on buyouts and growth investments in the Asia region as well as selective investments in North America and Europe. in Management from the Chinese Academy of Sciences, and a B.S. Great culture - humble and nice people who are willing to teach you. 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. [5] Hillhouse is headquartered in Singapore and maintains offices in Beijing, Hong Kong, London, New York City and Shanghai. 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. Hillhouse Capital Management Floor 28, Building B, PingAn International Financial Center, No. General Counsel and Chief Compliance Officer, COO at Eastern Shore Rural Health Systems. in economics from Harvard College magna cum laude with Phi Beta Kappa honors, and an M.B.A. from Harvard Business School. When hes not in the office or meeting with entrepreneurs, Lei can be found on the slopes, usually with Michael in tow. . NEW YORK (PRWEB)February 08, 2021. Having problems? Hillhouse manages about US $50 billion of assets as of September 2018. Floor 28, Building B PingAn International Financial Center. current Chief Executive Officer, Lei Zhang, CBI websites generally use certain cookies to enable better interactions with. , ? If you are an investor and dont want your data to be available here, then write to us. 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. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 40% of job seekers rate their interview experience at Hillhouse Capital Management as positive. Despite their best efforts, their kids are still faster and more stylish than they are. Prior to Hillhouse, Michael was an equity research analyst with CICC. Sean is a Partner and Head of the Global Investment Team of Hillhouse. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Joe graduated from Wake Forest University with a B.S. in Engineering from Shanghai Maritime University. The company was founded in 2005 and is based out of Hong Kong, Beijing, and Singapore. 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. This latest strategic move comes after the company set up independent venture fund GL Ventures in 2020. There are no cons to display at this time. Venture capital institution Qiming Venture Partners announced that it has raised $3.2 billion for its new fund. SGX, Trumid and Hillhouse Capital form joint venture to launch new Asian bond trading platform. 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. Chinas private equity market has experienced more than 30 years of development, and has exceeded 20 trillion yuan ($2.99 trillion) of market scale. Sometimes the workload is a little heavy. 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. Our team members are sector experts in consumer, Internet, media, and healthcare. relatively good hours Cons slow project implementation. We also support Tagalog language, do you want change to it? The company invested heavily in technology and created innovative features like car comparisons and reviews. [30], Philips Domestic Appliances: In August 2021 Hillhouse closed the deal of acquisition of the Domestic Appliances business of Philips. These cookies do not store any personal information. Pandaily is a tech media based in Beijing. We are energized by helping the best companies in the world reach their full potential. - WLB - Brilliant colleagues - great pay( competitive base and guaranteed bonus for the first two years). I thought my 5 year was going to finally show something but it did not. from the University of Nebraska-Lincoln, a B.A. Hillhouse builds businesses that stand the test of time. But opting out of some of these cookies may have an effect on your browsing experience. [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). 79% of Hillhouse Capital Management employees would recommend working there to a friend based on Glassdoor reviews. This website uses cookies to improve your experience. in Economics from Renmin University. Today, CarDekho is one . 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 idk specifically about AM. Hillhouse is a long-term fundamental equities investor. Hillhouse Capital Management has 3 team members, including current Chief Executive Officer, Lei Zhang. 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. We also support Nepali language, do you want change to it? 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. The main office of represented VC is situated in the Changyang. Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. [15] As of 2020, Hillhouse was an investor in companies such as Airwallex. The company was established in Asia in China. 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! February 28, 2023. 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. CB Insights Intelligence Analysts have mentioned Hillhouse Capital Management in 12 CB Insights research briefs, most recently on Nov 17, 2022. [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. 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. This website uses cookies to improve your experience while you navigate through the website. Private equity giant Hillhouse Capital Group recently announced the launch of its seed funding project, with plans to invest in some 100 projects within the next three years. Hillhouse Capital Profile and History . San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment. 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. It was just a terrible experience that I had to go out of my ways trying to prove I worked there. Get the full list, Youre viewing 5 of 34 team members. Hillhouse builds businesses that stand the test of time. This rating has decreased by -1% over the last 12 months. 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. Hillhouse is a global team of more than 450 investment and operating professionals. 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. Pros & Cons are excerpts from user reviews. How is their IT department for roles like Director or VP? 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. Separated payroll systems, cannot verify employment, work hard, time is urgent, data to analyze. Zhang founded Hillhouse Capital in 2005. Sean and his team are active across sectors and geographies with a focus on global LBOs and carve-outs. On Fishbowl, you can share insights and advice anonymously with Hillhouse Capital Management employees and get real answers from people on the inside. Prior to Warburg Pincus, Mr. Gagnon worked for General Electric . Hillhouse is a long-term fundamental equity investor. Hillhouse Capital builds businesses that stand the test of time. ownership team - last updated 2022-09-01; Name Title Start Date Direct/Indirect % Ownership; Private Funds. It manages capital on behalf of global institutions, as well as invests in public equity and private markets. We also use third-party cookies that help us analyze and understand how you use this website. China collaboration with Hillhouse Capital strengthens Mayo Clinic's mission to improve health care worldwide. We'll assume you're ok with this, but you can opt-out if you wish. Can be intense sometimes, based on projects. 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 . 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. from Doane College, and has been admitted to practice law in California and Nebraska. The company at the time was managing $100 billion. All the best, amazing colleagues to work with. It is mandatory to procure user consent prior to running these cookies on your website. At Hillhouse, she has worked across our investment, value creation and business teams. Hillhouse Capital Group is a global private equity firm with an East Asian heritage. [6], Hillhouse's assets under management ("AUM") were US$73.3 billion as of July 2021. . [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." Colleagues are nice, and my leaders are really helping to learn. Lei Zhang (Pic: Hillhouse Capital Management Ltd.) . HILLHOUSE CAPITAL ADVISORS, LTD. from Beijing Normal University. The company was founded in 2005 and is based in Beijing, China. Hillhouse does not have a real estate fund or a team specializing in the sector, according to its website. [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. You also have the option to opt-out of these cookies. . You can read more about your cookie choices at our privacy policyhere. 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. Independent, proprietary research lies at the heart of our investment process. our sites and services. , . 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. 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. Get the latest business insights from Dun & Bradstreet. 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 . Hillhouse Capital is an Asia focused global private investment firm. Hillhouse builds businesses that stand the test of time. 1-3 Xinyuan South Road, Beijing, Chaoyang District, 100027 China. Commercial Customer Service Representative. 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. Prior to founding Hillhouse with Michael, Luke, and Tracy in 2005, Lei worked at the Yale University Endowment, which became Hillhouses first investor. It is a long-term investor focused on partnering with world-class entrepreneurs to help them grow their businesses globally. "[34][35], Hillhouse also believes that China's business model can be applied to other emerging markets and is therefore bringing that model to developing nations in Asia, such as in Indonesia where Hillhouse launched a joint venture between mobile messaging platform WeChat and Indonesia's giant communications and media conglomerate, Global Mediacom. Our team members are sector experts in consumer, Internet, media, and healthcare. This stage-agnostic investment style allows them to focus on multi-year results, rather than on quarterly earnings. [21], In 2022, Hillhouse started its first real estate-focused fund with a total investment of more than $2 billion. Hillhouse partners with world-class entrepreneurs who operate at the intersection of growth and sustainability. Since our founding in 2005, weve had the privilege of working with iconic leaders to redefine their industries. 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. [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. He joined Hillhouse in 2012 as our General Counsel and Chief Compliance Officer. 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. 1-3 Xinyuan South Road, Chaoyang District. [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. 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? Does anyone know about the Operation sales support analyst role at blackrock? Investment Analyst Intern EIP @ Hillhouse Capital (Gao Ling Zi Ben ) Investment Banking Summer Analyst @ Citi; Education. [7], In 2021, the Financial Times referred to Hillhouse Capital as a "technology private equity investor. Our team hails from universities in Singapore, Boston, Hong Kong, Beijing, Chicago, Dublin, Lincoln, London, New York, Palo Alto, Paris, Philadelphia, Princeton, Shanghai, Seoul, Sydney, Tokyo, and of course, New Haven. 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. 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. The firm was part of a consortium that won a $11.6 billion bid here in 2017 to buy out. 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.