Roelof Botha will become the next leader of Sequoia Capital starting July 5 and oversee the investment firm’s compliance, finance, and culture functions, the company announced on Monday. Botha, who first joined Sequoia in 2003, will replace former managing partner Doug Leone. The leadership change, long expected by Sequoia’s own investors and limited partners, comes amid a broader...
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Chinese Investment Giant Hillhouse Capital Seeks to Expand Outside China
Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. The firm is best known for investments in Chinese tech giants such as Tencent, JD.com, Didi Global and TikTok owner ByteDance. But the devastation of China’s private equity and venture capital sectors, caused by...
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