Former Hillhouse Capital Partner David Ma Said to Plan Own Fund
- Ma’s Hong Kong-based Composite Capital won regulatory approval
- He left Hillhouse after seven years with Yale-backed manager
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David Ma, a former partner of Yale University endowment-backed Hillhouse Capital Management, plans to start his own Hong Kong-based fund that will invest in public and private equity, said a person with knowledge of the matter.
Ma’s Composite Capital Management (HK) won regulatory approval in mid-June, according to information posted on the website of Hong Kong’s Securities and Futures Commission. The fund will start investment in the next few months, said the person who asked not to be identified as the information is private.