Zhang Lei, an illustrious Yale alumnus and founder of Hillhouse Investment Management, initiated his investment firm in 2005 with a $20 million investment from Yale's endowment. Under his leadership, Hillhouse has grown to manage over $50 billion. Renowned for its lack of transparency regarding performance records, the firm maintains that it emphasizes long-term holdings, with reports indicating an impressive average annual return of 39% since inception. Notably, HHLR, Zhang's hedge fund, has shifted investment priorities away from Chinese e-commerce toward data-centric financial analytics.
Zhang Lei, founder of Hillhouse Investment Management, started with $20 million backing from Yale's endowment and now manages over $50 billion in investments.
Despite Hillhouse's impressive track record, the firm keeps its performance record private, achieving an annual average return of 39 percent since inception.
Zhang's hedge fund, HHLR, has shifted focus from Chinese e-commerce to data-driven financial analytics, showcasing a strategic change in investment approach.
With a keen focus on sustainable long-term investments, Hillhouse emphasizes the importance of holding onto investments for significant periods in volatile markets.
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