Zhang Lei of Hillhouse Capital

[valuefinder0525]

Starting this thread to see if anyone has any information on Zhang Lei of Hillhouse Capital. It has been reported that he has annualized at ~40% since inception with AUM of around $18bn now. If anyone has access to investor letters or any other info it would be greatly appreciated if you could share them here. Below are some articles that I have found online.

 

 

http://www.nytimes.com/2015/04/03/business/the-chinese-billionaire-zhang-lei-spins-research-into-investment-gold.html

 

http://www.ft.com/cms/s/2/6f160a50-f5fe-11e3-a038-00144feabdc0.html

 

http://www.wsj.com/articles/stanford-is-giving-this-chinese-investor-200-million-1439854567

 

http://www.marketfolly.com/2015/07/lei-zhangs-lecture-at-columbia-business.html

 

http://www.cenveomobile.com/i/367435-summer-2014/43

 

http://www.insidermonkey.com/hedge-fund/hillhouse+capital+management/481/

[merkhet]

I believe the 40% CAGR was prior to the recent swoon in the markets. Still a fantastic record though.

 

Also, many of his investments started as a venture-type investments, which I suspect helped. Picked up a lot of "_____ but for China" type tech investments at the startup stage.

[valuefinder0525]

Yes I completely agree with you. Many of his investments have been "creating the industry" around the particular company which he picks. It's truly amazing to have the ability and capital to do that.

[winjitsu]

He spoke at a UTIMCO meeting recently. A twitter user typed up his notes: https://twitter.com/ChesapeakeCap/status/707331740767879168

 

The direct link is here: https://t.co/xXGpVwg25A