China’s Hillhouse raises $10.6b for Asia’s largest private equity fund

Hillhouse Capital founder Zhang Lei. Photographer: Paul Yeung/Bloomberg

Asia-based private equity firm Hillhouse Capital – whose portfolio includes prominent firms like Airbnb, Uber, Meituan, Didi, Tencent, WuXi App – announced that it has closed its fourth vehicle, Hillhouse Fund IV, at a record-breaking $10.6 billion.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.