Hillhouse Investment Management Ltd. (formerly known as Hillhouse Capital) is a global investment firm founded by Lei Zhang in 2005, headquartered in Singapore. The firm invests across the full business lifecycle through private equity, growth equity, and venture capital, with sector focus on consumer, healthcare, technology, and financial services.
They made 9 investments in the last 12 months. Average disclosed round size is $232.2M (across 144 rounds with reported amounts).
Portfolio
143
Fund Size
$7B
Top Stage
Series B
Last 12 Mo
9
Team
Michael Yi
Co-Chief Investment Officer
Joe Gagnon
Co-Head of Real Assets - Rava Partners
Siddhartha Hari
Co-Head of Private Credit - Elham Credit
Audrey Woon
Carl Ge
Cathy Liu
Charles Dirrig
Hallie Fishman
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Maxvax | Series B | — | Sep 2026 |
 NextCure | Series B | $500M | Aug 2026 |
| 它它石智航 | Seed | $455M | Jun 2026 |
 Tianji Intelligent | Series B | — | May 2026 |
| 它它石智航 | Seed | $455M | Apr 2026 |
 Night | Growth | — | Feb 2026 |
 Third Arc Bio | Series A | $52M | Feb 2026 |
 Tenpoint Therapeutics | Series B | — | Jan 2026 |
 D-Robotics | Series B | $270M | Jan 2026 |
 NOT A HOTEL Inc. | Series C | — | Jan 2026 |
 NewMed | Unknown | $100M | Jan 2026 |
 Aridge | Series A | $200M | Jan 2026 |
| IInverse Matrix | Seed | $100M | Jan 2026 |
| CChuangxin Industries | Ipo | $707M | Nov 2025 |
| SSNOW LEAGUE | Growth | $15M | Jan 2025 |
 Horizon Robotics | Growth | $821M | Jan 2025 |
 The Snow League | Growth | $15M | Jan 2025 |
| HHT Aero | Series B | — | Jan 2025 |
 Dinii | Series B | $45M | Sep 2024 |
| Dinii | Series B | — | Jan 2024 |
 Noah Medical | Series B | $150M | Apr 2023 |
 Hystar | Series B | $26M | Jan 2023 |
 Coohom | Series D | — | Jan 2023 |
| 智智谱 | Unknown | — | Jan 2023 |
| GGiant Biogene | Unknown | $70M | Oct 2022 |
Top Co-Investors
Last updated: 20 October 2026