Hillhouse Reloads After Building $60 Billion Asia Juggernaut
- Asia firm is defying global gloom with a $13 billion raising
- Zhang’s fortune exceeds some of Wall Street’s biggest names
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Just before the coronavirus-induced U.S. lockdowns began in March, some of the world’s investing elite gathered at an invite-only event in Silicon Valley.
Representatives for super-rich families and endowments crowded into Vina Enoteca, an Italian restaurant right by the Stanford University campus. They were there to hear from Lei Zhang, the charismatic founder of Hillhouse Capital Management Ltd. and from some of his top investments, including Zoom Video Communications Inc.’s Eric Yuan.