Hillhouse Admitted Into Program That Gives Wealthy a Pathway to Singapore Residency

(Bloomberg) — Hillhouse, the investment firm best known for making fortunes backing China’s biggest startups, can now help the super-rich obtain permanent residency in Singapore as part of a government program.

The city-state’s Economic Development Board (EDB) runs a Global Investor Programme (GIP), which provides ultra-wealthy foreigners a path to getting permanent residency.