Hillhouse Investment Management Plans $8 Billion Raise for First New Funds in Five Years

Hillhouse Investment Management has reached out to investors to raise $8 billion for its first new funds in five years, business reported. The firm plans to use some of its own money in the fundraising process, sources familiar with the matter said.

This initiative represents Hillhouse Investment Management's first new funds since a similar effort five years ago. The $8 billion target underscores the scale of the planned capital raise, with the firm committing internal resources to support it.

The new funds come after a five-year gap in such activities for Hillhouse Investment Management. Business reported that the outreach to investors is part of this renewed push, blending external investments with the firm's own contributions.