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Financial Times.  “In the world beyond Yale, however, Zhang is little known. The [Hillhouse Capital] fund is named after an avenue in New Haven that’s a block from where the Yale investment office used to be located. This office, which manages the university’s $20bn endowment, is where Zhang got his start in finance as a student intern,” says the FT. Genshuixue is a website and mobile app that allows users to search for courses, both local and online, in a variety of subjects from piano to SAT prep. Once they’ve picked a type of course, users can browse all of the teachers of that subject in their area. The site includes user comments and verifies details like teachers’ professional qualifications so users can be sure of what they’re getting. Once they’re done browsing their options, users can register and pay for their classes online. The site has been online for just under half a year, but in that time Genshuixue has signed up more than 70,000 teachers who offer more than 69,000 different classes to “millions” of students. According to founder Chen Xiangdong, thanks to Genshuixue the site’s most popular teacher is now generating millions in income. The online education sector continues to burn white-hot in China. In just the past few weeks, several test-prep startups have raked in investments and an O2O education platform was acquired by Dianping. Direct competitors to Genshuixue like Qingtajiao have also raised funds in recent months, according to Sina Tech/Tech in Asia. Zhang Lei Hillhouse Capital Group is an investment management firm founded in 2005 by Zhang Lei, its Chairman and Portfolio Manager.  Prior to founding Hillhouse in 2005, he worked with the Yale Endowment and an emerging market fund covering South Africa and Southeast Asia. Mr. Lei holds roles at the Brookings Institution and the China-United States Exchange Foundation, a non-profit organization established with the purpose of further improving communications and enhancing understanding between the peoples of China and the United States. Mr. Lei is also devoted to educational issues. He is actively involved and holds roles with the BN Vocational School, China’s largest non-profit organization dedicated to the education of underprivileged children, and the United World College (UWC) of Southeast Asia Foundation. In addition, he established the Gaoli Academy at Renmin University with the purpose of expanding the role of liberal arts education in Chinese universities. Mr. Li earned an MBA and M.A. in International Relations from Yale University and a B.A. in Economics from Renmin University of China, where he is the Vice Chairman and Trustee of the Board. In addition, he is a Trustee of the Yale-NUS College, a collaboration between Yale University and the National University of Singapore, and the Chairman of Yale Asia Development Council. Hillhouse manages capital for institutional clients such as university endowments, foundations, sovereign wealth funds, pensions and family offices. Hillhouse is a long-term fundamental equity investor with a global mandate. Independent, fundamental and proprietary research is key to our investment process. Its team focuses on the consumer, TMT, industrials and healthcare sectors and invests in companies across all equity stages.]]>