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Hillhouse Fund IV, LP

Buyout or unlabelledmanaged by Hillhouse Investment Management, Ltd.MatureForm ADV fund type: Private Equity Fund· Cayman Islands

Number 4 in the main family, organised in Cayman Islands.

Reported assets
$16B
Vintage
2019
Investors
183
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As of · the latest filing on this vehicle; each amount below carries its own basis
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Amounts, each with its basis

Vintage
2019basis: first reported on Form ADV
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
unknownwhat may be sold, not what was raised
Form D sold
unknownno Form D on record
First sale
unknown
Reported gross assets
$16BForm ADV, as of Mar 31, 2026; not fund size, not dry powder
Peak reported gross assets
$19Bhighest year on the reporting tape
Owners (ADV)
183
Reported on ADV
Feb 1, 2019 to Mar 31, 2026
Structure
master
Fund of funds (ADV)
no

Lifecycle

Mature
rule: gross assets within 10% of the prior yearmodel: lc-pe-1gav path: 2019,12670274446,2020,14965736957,2021,18745698727,2022,16119835037,2023,15114970022,2024,14510553179,2026,15563538134peak gav: $19Bas of year: 2026latest gav: $16Breported years: 7last step change: 0.07age years at as of: 7drawdown from peak: 0.17first reported year: 2019

Reported gross assets by year

7 annual rows
YearFiledForm ADV fund typeGross assets OwnersMin. investmentNon-US ownedSource
2019Apr 30, 2019Private Equity Fund$13B
125$1.0M63%adviserinfo.sec.gov
2020Mar 30, 2020Private Equity Fund$15B
185$1.0M62%adviserinfo.sec.gov
2021Jul 31, 2021Private Equity Fund$19B
184$1.0M63%adviserinfo.sec.gov
2022Sep 1, 2022Private Equity Fund$16B
181$1.0M64%adviserinfo.sec.gov
2023Dec 15, 2023Private Equity Fund$15B
183$1.0M64%adviserinfo.sec.gov
2024Mar 29, 2024Private Equity Fund$15B
182$1.0M65%adviserinfo.sec.gov
2026Mar 31, 2026Private Equity Fund$16B
183$1.0M65%reports.adviserinfo.sec.gov

Placement agents and principals

0 placement agents, 0 principals
No placement agent or principal collected for this fund yet. Both come from the related persons and sales compensation sections of Form D.

Limited partners

0 disclosed
No LP commitment to this fund collected yet. An LP appears only when a public disclosure names this fund.

Investments attributed to this fund

0
No investment attributed to this fund. A firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.

Events

1 most recent
  1. Feb 1, 2019
    Hillhouse Fund IV, LP first reported on Form ADV by Hillhouse Investment Management, Ltd. (Private Equity Fund), GAV $12,670,274,446
    Fund first reported on Form ADV Fact Form ADV

Connected records

Across the graphs

Hillhouse Fund IV, LP is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

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Record history

1 dated event on the change ledger, latest event first
  • Fund first reported on ADV
    2019-02-01source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

Not yet on record: target.