Miguel Cordon · · 1 min readJD Logistics investor Hidden Hill closes new $465m fund
Private equity manager Hidden Hill Capital, an investor in JD Logistics and J&T Express, hit the final close of its US$465 million fund, which is aimed at supply chain and logistics investments in China and Asia as a whole.
Photo credit: GLP
The Hidden Hill Foundation Fund was oversubscribed, with backers from North America, Asia, and Europe, including lead investor NewQuest Capital Partners.
Established in 2018, Hidden Hill is a corporate private and growth equity platform that backs companies operating in modern logistics, supply chain digitization, renewable energy, and other related sectors.
The firm currently has over US$3.6 billion in assets across seven funds and is backed by global investment manager GLP.
“Hidden Hill invests in companies that leverage the strength of GLP’s logistics ecosystem and are taking part in the global energy transition that will help support our commitment to reduce energy consumption and carbon impact in the global supply chain,” said Teresa Zhuge, executive vice chair of GLP China.
Editing by Jaclyn Tiu
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