Investment firm Hillhouse Capital today announced the final closing of its new fund, Hillhouse Fund IV, L.P., heavily oversubscribed with commitments of US$10.6 billion. The new fund will seek investment opportunities across the healthcare, consumer, technology and services sectors globally, with a focus on Asia, the company said in a statement. In its private equity investments, the new fund will implement Hillhouse’s strategy of leveraging its extensive operating capabilities and deep understanding of technology to create long-term value. “We are deeply … Hillhouse Capital Closes Oversubscribed $10.6B New Fund appeared first on China Money Network.