Hillhouse secures $10.6b of dry powder for Asia dealmaking

The private equity fund led by Chinese dealmaker Lei Zhang closes Fund IV and stresses opportunities in giving traditional businesses a digital makeover.

Hillhouse founder Lei Zhang

Staff Reporter

September 19, 2018

China-focused private equity giant Hillhouse Capital has closed its Fund IV at $10.6 billion as it seeks to harness its digital expertise in transforming traditional businesses.

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