Hillhouse
Status
ACTIVE
Global HQ
Beijing, China
Countries of investment
- China
- USA
- Asia
Investment stages
- Seed
- Series A
- Series B
- Growth
- IPO
Industries
- Technology
- AI
- Robotics
- Life Sciences
- Pharma
- Consumer Products
- Service
- Industrial Tech
- Manufacturing
- Clean Energy
- Logistics
About
Hillhouse Capital is a distinguished investment firm recognized for its commitment to building enduring businesses through strategic partnerships with exceptional management teams. Emphasizing long-term growth, Hillhouse Capital actively supports leading companies across various sectors worldwide, driving value for stakeholders while fostering innovation and sustainable development. Their approach combines deep industry expertise with a global perspective, enabling them to identify and capitalize on transformative opportunities in the market. By cultivating strong relationships and leveraging insights, Hillhouse Capital continuously seeks to enhance the competitive advantage of the enterprises in which they invest.
Hillhouse Capital is a distinguished investment firm recognized for its commitment to building enduring businesses through strategic partnerships with exceptional management teams. Emphasizing long-term growth, Hillhouse Capital actively supports leading companies across various sectors worldwide, driving value for stakeholders while fostering innovation and sustainable development. Their approach combines deep industry expertise with a global perspective, enabling them to identify and capitalize on transformative opportunities in the market. By cultivating strong relationships and leveraging insights, Hillhouse Capital continuously seeks to enhance the competitive advantage of the enterprises in which they invest.
Investment Thesis
Hillhouse Investment seeks to leverage its investment experience to help highquality businesses thrive for the long term. They invest globally in healthcare, industrials, energy transition, business services, and consumer opportunities.
Manager's Experience
Started in 2005 by Zhang Lei with US$20M in seed capital from the Yale University endowment, arranged through David Swensen, and its first investment was Tencent. More than 50 investment professionals from over 18 countries. Estimated at about US$100B in assets in 2026, including a US$18B fifth flagship private equity fund raised in 2021 and the venture arm GL Ventures, spun off in 2020. Portfolio includes Tencent, JD.com, BeiGene, Miniso, Zoom, Belle International, Global Logistic Properties, and Philips Domestic Appliances. Headquartered in Singapore with offices in Hong Kong, Beijing, Shanghai, New York, London, and Abu Dhabi. Invests globally on bottom-up fundamental research across healthcare, industrials, energy transition, business services, and consumer.
Team
Ye Chen
Timothy Harrison
Cecilia Wang
Zoe Fu
Zizheng Wang
Zichao Zhang
Portfolio
Tencent
JD.com
Meituan
ByteDance
Baidu
PDD Holdings
Uber
Airbnb
Zoom
NIO