Chinese private equity firm and consortium invested $75 million in US firm Nobell Foods

Chinese private equity firm Hillhouse Capital Group has acquired stake in Nobell Foods, a US-based Alternative protein company in a Series B fundraising of $75 million.

Nobell Foods is established in 2016 and offers a plant-based alternative to animal-derived cheese. (Hillhouse is a Chinese private equity firm investing globally which is founded in 2005 and has made more than 200 investments so far. It has offices in Beijing, Hong Kong and Singapore).

HillHouse Capital Group is listed in the Chinese Investors Directory with the code JC76