Zhang Lei (investor)

Zhang Lei (Chinese: 张磊) is a Chinese investor and entrepreneur. He is the founder, Chairman, and Chief Investment Officer of Hillhouse Capital Management, Ltd.

Zhang Lei
Born 张磊
Nationality Chinese
Alma mater Renmin University, Yale University
Occupation Entrepreneur, businessman, investor
Known for Founded Hillhouse Capital in 2005

Early life

Zhang was born in 1972 in Zhumadian, a village in Henan province, in Central China.[1]

As a teenager, Zhang established a business through which he bought and sold magazines in bulk. The magazines he sold published content relevant to the aspirations of Chinese society in 1990 when Deng Xiaoping came to power.[2]

Education and early career

Zhang received a scholarship to Renmin University of China, where he received his B.A. in Economics in 1994.[1] In 2002, he received an MBA and M.A. in International Relations from Yale.[3] Zhang translated David Swensen's book, Pioneering Portfolio Management, An Unconventional Approach to Institutional Investment (2000), into Chinese while in school and created new Mandarin words for "endowment" and "fiduciary."[1] During his studies, Zhang also worked at the Yale University Endowment.[4] Zhang is also a Chartered Financial Analyst.[4] He was an investment analyst for a global emerging markets fund that covered South Africa, Southeast Asia and China. After this, he was the chief representative to China[5] for the New York Stock Exchange and he established their Hong Kong and Beijing offices.[6]

Hillhouse Capital

Zhang founded Hillhouse Capital in 2005.[7] Hillhouse manages roughly US$18bn of assets as of December 2014.[8] Hillhouse is a long-term fundamental equity investor. It invests globally, with a particular focus on China and Asia. Hillhouse focuses on the consumer, TMT, industrials and healthcare sectors.[9]

Current executive positions

Zhang has served on or currently sits on the Board of Directors of: JD (formerly 360buy),[1] Qunar (China’s largest online travel vertical),[5] Global Mediacom (Indonesia’s largest media / TV / pay TV conglomerate),[4] and Blue Moon (a Chinese household care company).[3] Mr. Zhang holds roles at the Brookings Institution[6] and he is a Governing Board Member of the China-United States Exchange Foundation,[10] a non-profit organization established with the purpose of further improving communications and enhancing understanding between the peoples of China and the United States. He is a founding board member of the United World College (UWC) of Southeast Asia Foundation and he established the Gaoli Academy at Renmin University with the goal of expanding the role of liberal arts education in Chinese universities.[6] Zhang is also Vice Chairman and Trustee of the Board at Renmin University of China.[10] He is a Trustee of the Yale-NUS College and the Chair of the Yale Asia Development Council.[10] He is also a member of the Hong Kong Financial Services Development Council.[11]

Social responsibility

Zhang Lei donated US$8.88 million to the Yale School of Management, the largest alumni donation in the history of the school.[1] He also established Gaoli Academy[12] (高礼研究院) by donating money together with support from Renmin University.[5][13]

Zhang Lei is involved and holds roles with the BN Vocational School (BNVS) in China. BNVS started in 2005 as the first non-profit charitable vocational school at secondary school level in China that does not require fees. There are BNVS campuses in 1 foreign country: Angola and the 9 following cities: Beijing, Chengdu, Dalian, Lijiang, Nanjing, Sanya, Wuhan, Yinchuan and Zhengzhou.[14][15]

References

  1. 1 2 3 4 5 Sender, Henny. "Zhang Lei has Lunch with the FT". Financial Times. Retrieved 12 April 2015.
  2. ↑ "热搜词条". Baike. Retrieved 2 April 2015.
  3. 1 2 Stevenson, Alexandra. "The Chinese Billionaire Zhang Lei Spins Research Into Investment Gold". New York Times. Retrieved 12 April 2015.
  4. 1 2 3 "Lei Zhang CFA". Bloomberg L.P. Retrieved 12 April 2015.
  5. 1 2 3 "Mr Zhang Lei". Yale University. Retrieved 12 April 2015.
  6. 1 2 3 "Brookings Announces New Trustees". Brookings. Retrieved 12 April 2015.
  7. ↑ "Lei Zhang - Hillhouse Capital Management (Beijing)". Value Investing Congress. Retrieved 2 April 2015.
  8. ↑ Hu, Bei. "Hillhouse Capital Said to Raise $2 Billion Private Equity Fund". Bloomberg L.P. Retrieved 2 April 2015.
  9. ↑ "Lei Zhang - Hillhouse Capital Management (Beijing)". Value Investing Congress. Retrieved 12 April 2015.
  10. 1 2 3 "Mr Zhang Lei". Yale NUS College. Retrieved 28 December 2015.
  11. ↑ "Council Membership". Financial Services Development Council. Retrieved 28 December 2015.
  12. ↑ "Hillhouse Academy". Hillhouse Academy. Retrieved 2 April 2015.
  13. ↑ Dhar, Shawn. "Brookings Announces New Trustees". Brookings. Retrieved 2 April 2015.
  14. ↑ "Once a Dream in Mind". BNVS. Retrieved 2 April 2015.
  15. ↑ "About BNVS". BNVS. Retrieved 12 April 2015.

External links

This article is issued from Wikipedia - version of the Tuesday, March 22, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.