Snow Lake Capital’s first investor is Hillhouse Capital, and its founder is also a fund manager with many years of investment experience. According to media reports, during this period, a recruitment by Snow Lake Capital caused a lot of heated discussion. The investment company started recruiting research institutes in the field of biotechnology, and the recruitment salary was US$1 million, which made many people in the investment community feel... Surprised. Because this price level in China can only be achieved by top analysts, and even on Wall Street there are not many researchers with an annual salary of one million, so this recruitment notice still caused a lot of discussion.
Some people also doubt whether the company is maliciously promoting it and just wants to gain exposure without intending to pay. But then the media revealed that the scale of this investment company was about US$3 billion. Among its investors were the well-known investment institution Hillhouse Capital, and the founders and other members of Snow Lake Capital were also well-known overseas. The investment experience and investment research capabilities of financial institutions are still very strong.
Snow Lake Capital’s actions in recent years have been very high-profile. When iQiyi was shorted by short-selling institutions, Snow Lake Capital stated that the company had no problems and continued to add positions to show its support for iQiyi. support. Judging from this recruitment information, Snow Lake Capital seems to be interested in investing in companies in the biotechnology field, and has also given high salaries to talents in this field.
Reference materials: Founded in 2009, the company is a leading alternative investment management company in Asia. Its asset management scale exceeds US$3 billion. It has offices in Hong Kong and Beijing, and its entrusted management funds mainly come from Global institutional investors, including endowments of top universities, non-profit foundations, family foundations, national sovereign wealth funds and pension funds, etc.? The not-too-complicated description is what Snow Lake Capital lists on its official website. definition.
As for its founder, Ma Ziming, he is a typical low-key academic figure. He has a double bachelor's degree in mathematics and economics from the University of California, Berkeley. After graduation, he first entered the Credit Suisse First Boston Bank and worked in the bank’s San Francisco technology M&A team; a few years later, he joined the global long-short equity investment team of hedge fund Ziff Brothers, and later became a New York-based hedge fund focused on investing in Asia. team members.