Hillhouse Investment has struck a deal to acquire Dulwich College International schools in Asia from their owners in a deal that could fetch a significant sum. The move marks a major investment in the education sector for the renowned investment firm, led by billionaire Zhang Lei. The acquisition includes schools in various Asian countries, further expanding Hillhouse's presence in the region.
Based in Singapore, Hillhouse Investment manages more than $100 billion and invests in global public and private markets. The firm's diverse portfolio includes investments in technology, healthcare, consumer goods, and now, education. The acquisition of Dulwich College International schools underscores Hillhouse's commitment to investing in sectors with long-term growth potential.
On August 25, Moneycontrol was the first to report that EQT and Hillhouse Investment were the two lead contenders in the final round of negotiations for the acquisition. The deal solidifies Hillhouse's position as a key player in the education sector, with a focus on providing quality education in Asia.
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By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) - Hillhouse Investment has struck a deal to acquire Dulwich College International schools in Asia. The acquisition is part of Hillhouse's broader strategy to invest in high-growth sectors and expand its footprint in key markets.
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