Smart money

20 Sep 2018 By Alec Macfarlane

Hillhouse has raised over $10 bln for its latest private equity fund, Asia’s largest. It will invest in mature companies and startups, an unusual strategy but suitable for a region where buyouts are scant. Zhang Lei’s returns validate a model rivals are adopting.

This content is for Subscribers only

Context News

Hillhouse Capital closed its fourth private equity fund with commitments of $10.6 billion, the Chinese investment firm said in a statement on Sept. 19.

The fund, which the firm described as heavily oversubscribed, will invest in startups and buyouts in the healthcare, consumer, technology and services sectors globally, with a focus on Asia.

“We look forward to working with innovation-minded, world-class businesses and management teams seeking to deploy technology-driven solutions to create value for all stakeholders,” Hillhouse Founder and Chief Executive Zhang Lei said in the statement.

Email a friend

Please complete the form below.

Required fields *