Fred Hu

Fred Hu served as Chairman of Goldman Sachs Greater China from 2004 to 2010, overseeing the investment bank's most important client relationships in the region during a period of explosive growth in Chinese capital markets. He left Goldman to found Primavera Capital Group in 2011, a Beijing-based private equity and growth investment firm focused on leading Chinese consumer, technology, and financial companies. Primavera's investments include Alibaba (where Hu had cultivated a relationship during his Goldman years), Xiaomi (the smartphone company), and various leading consumer and healthcare companies. Hu's combination of deep relationships with Chinese business leaders, Western financial training, and understanding of government policy has made Primavera one of the more influential PE firms in China's growth story. He holds a PhD in economics from Harvard and has served on various corporate and academic boards.