Hillhouse Capital Advisors, Ltd. (Central)

Hillhouse Capital Advisors, Ltd. is a large advisory firm based in Central. It manages $28.59 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2012.

Hillhouse Capital Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hillhouse Capital Advisors: assets under management

The assets under management (AUM) of Hillhouse Capital Advisors, Ltd. is $28.59 billion. The firm's AUM has grown by 2461% since the beginning of its operation, and $26.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $26.48 billion in discretionary accounts and $2.11 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.04 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $175.86 million.

Hillhouse Capital Advisors has custody of $24.57 billion in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hillhouse Capital Advisors, Ltd. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jun Shen serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Jun Shen is pooled investment vehicles with 9 clients and $24.57 billion of assets under management. Among the 7 most similar advisory firms, Hillhouse Capital Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $26.67 billion for 14 clients. 52% of the firm’s clients are foreign persons or businesses.

Hillhouse Capital Advisors also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $25,000,000.

Careers at Hillhouse Capital Advisors, Ltd.

The company employs 88 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jun Shen has been acting as President since 1 Jul 2013. Qingqing Yi has served as the Chief Investment Officer since 1 Oct 2012. Lei Zhang joined the executive team most recently as the Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lei Zhang	President	1 Oct 2012	Other	6022412
Richard A. Hornung	Chief compliance officer and general counsel	1 Oct 2012	Other	6135325
Qingqing Yi	Chief investment officer	1 Oct 2012	Other	6135349
Colm John O'connell	Director	1 Oct 2012	Other	6135352
Hillhouse Capital Group Limited	Shareholder	1 Oct 2012	75% - 100%	foreign entity
Richard A. Hornung	General counsel	1 Apr 2013	Other	6135325
Jun Shen	Director	1 Jul 2013	Other	6028060
Lei Zhang	Chief investment officer	1 Jan 2019	Other	6022412
Cuifang (Tracy) Ma	Chief operating officer	1 Jan 2019	Other	6022411

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lei Zhang	Shareholder	1 Dec 2011	75% - 100%	6022412
Hillhouse Capital Group Holdings Limited	Shareholder	1 Dec 2011	75% - 100%	foreign entity
Lei Zhang	Shareholder	1 Jan 2012	75% - 100%	6022412
Hillhouse Capital Group Holdings Limited	Shareholder	1 Jan 2012	75% - 100%	foreign entity

Based in Central

The principal office where Hillhouse Capital Advisors, Ltd. performs its advisory services is located at Suite 2202, 22 Nd Floor, Central, , which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 852-2179-1977. The normal business hours are 9 am - 6 pm (hong kong time) on Monday - Friday.