
Hillhouse upsizes growth fund to $5.2b

Hillhouse Investment, the buyout and growth capital unit of Asia-focused Hillhouse Group, has raised $5.2 billion for a growth equity fund, more than twice the original target.
The vehicle closed at the end of the second quarter, according to four sources close to the situation. Hillhouse declined to comment. The firm, which invests globally but with a focus on Asia, closed...
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