DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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Former SEC-registered adviser

H••• A•••••••• L•••

Former SEC-registered adviserSingapore, CRD 166112SEC 801-77363IAPD
Latest filing Mar 31, 2023
First filing on the tape Nov 7, 2012 · 20 filings
RAUM
$46B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
203
36 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
3
$41B gross assets
History
20 filings and snapshots on the tape
RAUM$46B as of Mar 31, 2023
Mar 20, 2013$618M then
HNW client RAUM$0 as of Mar 31, 2023
Mar 31, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2023
Mar 20, 20130 then
Employees (5.A)203 as of Mar 31, 2023
Mar 20, 20139 then
Private funds3 as of Mar 31, 2023
Mar 31, 20181 then
RAUM -30% over the last fiscal year+2.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2023; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$2.3BderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
9.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
-30%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$41B, 12 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$41B90%
  • Pension and profit-sharing plans$3.8B8.3%
  • Sovereign wealth funds$546M1.2%
  • Corporations and businesses$120,9100.0%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
20reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$41B for 12 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      5 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H••• F•••• L•••Hedge Fund$20B311Mar 21, 2012
      H••• C•• L•••Hedge Fund$7.5B191Mar 1, 2018
      E•• I••••••••• F•••• L•••no longer reportedHedge Fund$503M2Feb 1, 2019
      T•••• L•••Hedge Fund$267M6Mar 29, 2024
      Y•• I••••••••• L•••Hedge Fund$72.2M2Mar 21, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • H••••••• R••••••• A• · Co-Chief Operating Officer, General Counselcontrol
        since 09/2022 · owns less than 5%
      • K•••••• B••••••• N•••••• · Directorcontrol
        since 03/2020 · owns less than 5%
      • M•• C••••••• •••••• · Co-Chief Operating Officercontrol
        since 09/2022 · owns less than 5%
      • O••••••••• C••• J••• · Directorcontrol
        since 10/2012 · owns less than 5%
      • W•••• A•••••• H•• · Chief Compliance Officercontrol
        since 09/2022 · owns less than 5%
      • X•• V••••• · Co-Chief Investment Officercontrol
        since 03/2022 · owns less than 5%
      • Z••••• L•• · Chairmancontrol
        since 03/2022 · owns less than 5%
      • Z••••• L•• · Shareholdercontrol
        since 12/2011 · owns 75% or more of H•••••••• G•••• H••••••• L••••••
      Entity owners
      • H•••••••• G•••• L•••••• · Shareholder
        direct · owns 75% or more
      • H•••••••• G•••• H••••••• L•••••• · Shareholder
        indirect · owns 75% or more of H•••••••• G•••• L••••••
      Related persons
      Schedule D 7.A
      • A••••••• C•••• P••••••• I•••
        investment adviserbanknRAUM $256M
      • D•• I••••••••• G•• L•••
        investment adviserpooled vehicle sponsorn
      • H• H• I••••••••• G•• L•••
        investment adviserpooled vehicle sponsorn
      • H•••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H••• C• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H••• F••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H••• M••••••••• P••• L•••
        investment adviserbankn
      • H•••••••• •••••••• A••••••• L••••••
        investment adviserbankn
      • H•••••••• C•••••• F••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• F•••••• G••••• F••• V• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• F••• I• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• F••• I•• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• F••• I• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• F••• V• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• G•• F••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• H••••••• V•••••• O••••••••• F••• V• G•• L•••
        investment adviserpooled vehicle sponsorn
      • H•••••••• H••••••••• F••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• I••••••••• M••••••••• L••••••
        investment adviserbankn
      • H•••••••• I••••••••• M••••••••• L•••
        investment adviserbankpooled vehicle sponsornRAUM $62B
      • H•••••••• R••• A•••• O••••••••• F••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• V•••••• F••• V• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • H•••••••• V•••••• F••• V• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      • N• I••••••••• M••••••••• V• G•• L•••
        investment adviserpooled vehicle sponsorn
      • S••••••• G•••••• E••••• I••••••••• M••••••••• L•••
        investment adviserbankn
      • Y•• I••••••••• G•• L•••
        investment adviserbankpooled vehicle sponsorn
      Advisers that list H••• A•••••••• L••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Central, Hong Kong6 employees
      • Grand Cayman, Cayman Islands1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 25 to 20
        Sep 1, 2022 to Mar 31, 2023
      • Advisory employees · 42 to 36
        Sep 1, 2022 to Mar 31, 2023
      • Assets in custody · $57B to $41B
        Sep 1, 2022 to Mar 31, 2023
      • Employees · 219 to 203
        Sep 1, 2022 to Mar 31, 2023
      • HQ city · CENTRAL to SINGAPORE
        Sep 1, 2022 to Mar 31, 2023
      • Discretionary RAUM · $64B to $45B
        Sep 1, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $1.8B to $397M
        Sep 1, 2022 to Mar 31, 2023
      • Pension RAUM · $5.0B to $3.8B
        Sep 1, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $57B to $41B
        Sep 1, 2022 to Mar 31, 2023
      • RAUM · $66B to $46B
        Sep 1, 2022 to Mar 31, 2023
      • Accounts · 21 to 25
        Jul 31, 2021 to Mar 31, 2022
      • Advisory employees · 43 to 42
        Jul 31, 2021 to Mar 31, 2022
      • Business name · H•••••••• C•••••• A•••••••• L••• to H••• A•••••••• L•••
        Jul 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 10 to 14
        Jul 31, 2021 to Mar 31, 2022
      • Assets in custody · $63B to $57B
        Jul 31, 2021 to Mar 31, 2022
      • Employees · 195 to 219
        Jul 31, 2021 to Mar 31, 2022
      • Legal name · H•••••••• C•••••• A•••••••• L••• to H••• A•••••••• L•••
        Jul 31, 2021 to Mar 31, 2022
      • Private funds · 4 to 3
        Jul 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $70B to $64B
        Jul 31, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $3.7B to $1.8B
        Jul 31, 2021 to Mar 31, 2022
      • Pension RAUM · $5.2B to $5.0B
        Jul 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $62B to $57B
        Jul 31, 2021 to Mar 31, 2022
      • RAUM · $73B to $66B
        Jul 31, 2021 to Mar 31, 2022
      • Advisory employees · 39 to 43
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 9 to 10
        Mar 30, 2020 to Mar 31, 2021
      • Assets in custody · $36B to $63B
        Mar 30, 2020 to Mar 31, 2021
      • Employees · 167 to 195
        Mar 30, 2020 to Mar 31, 2021
      • Other offices · 3 to 2
        Mar 30, 2020 to Mar 31, 2021
      • Discretionary RAUM · $40B to $70B
        Mar 30, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $2.9B to $3.7B
        Mar 30, 2020 to Mar 31, 2021
      • Pension RAUM · $2.9B to $5.2B
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $36B to $62B
        Mar 30, 2020 to Mar 31, 2021
      • RAUM · $43B to $73B
        Mar 30, 2020 to Mar 31, 2021
      • Accounts · 25 to 21
        Apr 30, 2019 to Mar 30, 2020
      • Advisory employees · 32 to 39
        Apr 30, 2019 to Mar 30, 2020
      • Corporate clients · 5 to 0
        Apr 30, 2019 to Mar 30, 2020
      • Assets in custody · $25B to $36B
        Apr 30, 2019 to Mar 30, 2020
      • Employees · 88 to 167
        Apr 30, 2019 to Mar 30, 2020
      • Discretionary RAUM · $26B to $40B
        Apr 30, 2019 to Mar 30, 2020
      • Non-discretionary RAUM · $2.1B to $2.9B
        Apr 30, 2019 to Mar 30, 2020
      Signals
      13 dated events
      • H••• A•••••••• L••• reported RAUM $45.9B, down 30% from $65.5B (2022-09-01 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Hui Audrey Woon (Chief Compliance Officer) appeared on Schedule A of H••• A•••••••• L•••
        Sep 1, 2022 · Control person joined · fact
      • Vivien Xu (Co-Chief Investment Officer) appeared on Schedule A of H••• A•••••••• L•••
        Mar 31, 2022 · Control person joined · fact
      • Qingqing Yi (Co-Chief Investment Officer) no longer on Schedule A of H••• A•••••••• L••• (listed 2021-07-31, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • N•••••• B•••••• K••••• (Director) appeared on Schedule A of H••• A•••••••• L•••
        Mar 31, 2021 · Control person joined · fact
      • H••• A•••••••• L••• reported RAUM $73.3B, up 71% from $43.0B (2020-03-30 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Jun Shen (Director) no longer on Schedule A of H••• A•••••••• L••• (listed 2020-03-30, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • H••• A•••••••• L••• reported RAUM $43.0B, up 50% from $28.6B (2019-04-30 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Qingqing Yi (Co-Chief Investment Officer) appeared on Schedule A of H••• A•••••••• L•••
        Mar 30, 2020 · Control person joined · fact
      • (Tracy) Cuifang Ma (Chief Operating Officer) appeared on Schedule A of H••• A•••••••• L•••
        Feb 1, 2019 · Control person joined · fact
      • H••• A•••••••• L••• reported RAUM $28.6B, up 216% from $9.1B (2018-10-26 to 2019-02-01)
        Feb 1, 2019 · RAUM change · derived
      • H••• A•••••••• L••• reported RAUM $9.1B, up 108% from $4.3B (2017-03-31 to 2018-03-01)
        Mar 1, 2018 · RAUM change · derived
      • H•••••••• C•••••• A•••••••• L••• filed its initial SEC registration (Form ADV)
        Nov 7, 2012 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/hillhouse-investmentreportedpublic record, Form ADV, Sep 18, 2026
      Website
      hillhouseinvestment.comreportedpublic record, Form ADV, Sep 18, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026