PE Firm · Capital Allocator

Hillhouse Investment

Medium
Singapore, Singapore · Founded 2005 · AUM $100 billion · Website
Private EquityVenture CapitalBuyoutGrowth EquityReal AssetsPublic EquitiesConsumerHealthcareTechnologyFinancial ServicesReal EstateBiotechnologyEast AsiaSoutheast AsiaNorth AmericaEuropeAbu Dhabi
Last verified
10/6/2026

Firm Overview

0
Portfolio tracked
6
Sectors
5
Regions
10/6/2026
Last verified

Hillhouse Investment is a Singapore-headquartered global private equity firm that invests in businesses across various stages and lifecycles.

Hillhouse Investment was founded by Lei Zhang in 2005 with initial seed capital from the Yale University endowment. The firm began by investing in public equities, taking early stakes in prominent Chinese technology companies such as Tencent, JD.com, and Baidu. Over the years, it has evolved into a global investment firm funding businesses at various stages, from venture capital to large-scale buyouts.

In recent years, Hillhouse has expanded its reach significantly, raising record-breaking funds for the Asia-Pacific region, including an $18 billion flagship private equity fund in 2021. The firm has also diversified into real estate with the launch of its Real Asset Opportunities Fund and spun off its venture capital unit into an independent entity called GL Ventures. While originally founded in China, the firm is now headquartered in Singapore and maintains a global presence with offices in major financial hubs including London, New York, and Abu Dhabi.

Founded2005
HeadquartersSingapore, Singapore
AUM$100 billion
Target investment$18 billion flagship fund size
Employeesnot specified
StrategiesPrivate Equity, Venture Capital, Buyout, Growth Equity, Real Assets, Public Equities
Sector focusConsumer, Healthcare, Technology, Financial Services, Real Estate, Biotechnology
Geographic focusEast Asia, Southeast Asia, North America, Europe, Abu Dhabi

Leadership

Lei Zhang
Founder
Lei Zhang founded Hillhouse Investment in 2005 with seed capital from the Yale University endowment.

Notable Investments

TencentJD.comBaiduBlue MoonZoomBeiGeneBelle InternationalGlobal Logistic PropertiesMinisoPhilips Domestic AppliancesLittle FreddieLifeStyles Healthcare

Historical and current deals referenced in public sources.

Portfolio Companies

Portfolio not yet mapped for Hillhouse Investment.

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Portfolio Web Readiness

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Sources

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Hillhouse Investment and does not provide investment advice.

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