Growth Equity

Hillhouse Investment

Hillhouse Investment (formerly Hillhouse Capital) is a global investment firm founded in 2005 by Lei Zhang with seed capital from the Yale University endowment, and is one of Asia's largest private-market investors, managing an estimated US$100 billion in assets as of 2026. Headquartered in Singapore with offices in Hong Kong, Beijing, Shanghai, New York, London, and Abu Dhabi, the firm invests globally across all stages of a company's life cycle, spanning public equities, growth equity, private equity buyouts, venture capital (through its early-stage arm GL Ventures, launched in 2020), and real assets. Hillhouse describes itself as disciplined and pragmatic investors who prioritize business fundamentals and deep, bottom-up industry research, with sector focus on healthcare, industrials, energy transition, business services, and consumer. Its portfolio spans companies headquartered in more than 25 countries and has included category-defining businesses such as Tencent, JD.com, Baidu, Zoom, BeiGene, Miniso, Airbnb, Uber, and Didi. Backers have historically included major university endowments (Yale, Stanford, Princeton, MIT, University of Pennsylvania, University of Texas) and CPPIB.

14 portfolio companies 14 publish APIs here 8 properties
Venture CapitalGrowth EquityPrivate EquitySeries AGrowthHealthcareConsumerIndustrialsTechnologyAsiaSingaporeGlobal
Portfolio Strength across 14 profiled portfolio companies on the network
2 top-rated API companies 0 exemplar · 2 strong
1 agent-ready companies 0 agent-native · 1 agent-ready
Average quality of the book:
Composite emerging 23.4
Agent-Readiness human-only 13.2

Firms are ranked by cumulative portfolio strength — how many highly-rated API companies they've backed, weighted by tier across composite quality and agent-readiness. The averages below are a secondary read on the typical company in the book.

Hillhouse Investment has 14 portfolio companies tracked on the APIs.io network, of which 14 (100%) publish APIs indexed here.

Its highest-rated API providers on the network are Zoom, Uber, Airbnb, Tencent, LifeStyles Healthcare.

Portfolio on the Network

Portfolio companies that publish APIs indexed on APIs.io, grouped by their API Evangelist rating. Exemplar and Strong are expanded by default.

Strong 2 Solid coverage with minor gaps
Developing 2 Usable, with meaningful gaps to close
Emerging 3 Early or largely undocumented
Minimal 7 Almost no public developer surface

Properties

Portfolio

Where the firm publishes its investments

Team

Partners and investing staff

Content

Blog, podcast, newsletter, and research

Firm

The firm itself

Source (apis.yml)

apis.yml Raw ↑
aid: hillhouse
name: Hillhouse Investment
description: >-
  Hillhouse Investment (formerly Hillhouse Capital) is a global investment firm
  founded in 2005 by Lei Zhang with seed capital from the Yale University
  endowment, and is one of Asia's largest private-market investors, managing an
  estimated US$100 billion in assets as of 2026. Headquartered in Singapore with
  offices in Hong Kong, Beijing, Shanghai, New York, London, and Abu Dhabi, the
  firm invests globally across all stages of a company's life cycle, spanning
  public equities, growth equity, private equity buyouts, venture capital
  (through its early-stage arm GL Ventures, launched in 2020), and real assets.
  Hillhouse describes itself as disciplined and pragmatic investors who
  prioritize business fundamentals and deep, bottom-up industry research, with
  sector focus on healthcare, industrials, energy transition, business services,
  and consumer. Its portfolio spans companies headquartered in more than 25
  countries and has included category-defining businesses such as Tencent,
  JD.com, Baidu, Zoom, BeiGene, Miniso, Airbnb, Uber, and Didi. Backers have
  historically included major university endowments (Yale, Stanford, Princeton,
  MIT, University of Pennsylvania, University of Texas) and CPPIB.
x-type: venture-capital
x-category: Growth Equity
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://www.hillhouseinvestment.com/favicon.ico
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.20'
tags:
  - Venture Capital
  - Growth Equity
  - Private Equity
  - Series A
  - Growth
  - Healthcare
  - Consumer
  - Industrials
  - Technology
  - Asia
  - Singapore
  - Global
apis: []
common:
  - type: Website
    url: https://www.hillhouseinvestment.com
  - type: Portfolio
    url: portfolio/hillhouse-portfolio.yml
  - type: Team
    url: https://www.hillhouseinvestment.com/team/
  - type: InvestmentThesis
    url: https://www.hillhouseinvestment.com/our-heritage/
  - type: News
    url: https://www.hillhouseinvestment.com/news/
  - type: LinkedIn
    url: https://www.linkedin.com/company/hillhouse-capital-management
  - type: Crunchbase
    url: https://www.cbinsights.com/investor/hillhouse-capital-management
  - type: Contact
    url: mailto:contactus@hillhouseinvestment.com
  - type: Features
    data:
      - 'Stage: all stages (public equities, growth equity, private equity buyouts, early-stage venture via GL Ventures)'
      - 'Sectors: healthcare, industrials, energy transition, business services, consumer, technology'
      - 'Geography: global (companies HQ in 25+ countries); offices in Singapore, Hong Kong, Beijing, Shanghai, New York, London, Abu Dhabi'
      - 'AUM: ~US$100B (2026, reported)'
      - 'Founded: 2005'
      - 'Founder: Lei Zhang (Zhang Lei), Chairman and CEO'
      - 'HQ: Singapore'
    sources:
      - https://en.wikipedia.org/wiki/Hillhouse_Investment
      - https://www.hillhouseinvestment.com/our-heritage/
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: kin@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: https://apisjson.org
  - FN: Hillhouse Investment
    url: https://www.hillhouseinvestment.com