FI  Hillspire




     Office Locations:

1020 Alma Street
Menlo Park, CA 94025
Phone: 650-461-8080

 

Stages:

  • Early
  • Middle Market


 

Industries:

  • Financial Services
  • Information Technology

  •  

    Description:

    Founded in 2006, Hillspire is the Family Office for Google Chairman, Eric Schmidt and his wife Wendy. Hillspire manages more than $5 billion of the Schmidts' wealth. Hillspire engages in a broad range of investment activities on a global basis. The firm's primary objective is to build an investment portfolio focused on long-term capital appreciation. Hillspire focuses on the following investments: publicly-traded securities, traditional private equity activities, real estate and other alternative assets, and third-party managers in the private and public markets. The Eric and Wendy Schmidt Group, directs the family office and helps drive the full philanthropic efforts of the Schmidts. Philanthropic efforts include The Schmidt Family Foundation, which advances the development of renewable energy and a wiser use of natural resources. Its grant-making operation, The 11th Hour Project, supports more than 150 non-profit organizations in program areas including climate and energy, ecological agriculture, human rights, and oceans. In 2009, the Schmidts created the Schmidt Ocean Institute, and in 2012 launched the research vessel, Falkor, as a mobile platform to advance ocean exploration, discovery, and knowledge, and catalyze sharing of information about the oceans. In addition, through The Eric and Wendy Schmidt Fund for Strategic Innovation, the Schmidts support a variety of organizations addressing global issues in the fields of science and technology, education, and the environment. Hillspire bought a 20 percent stake in hedge fund D.E. Shaw for about $500 million.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Chuck Chai President and Chief Investment Officer
    Eric Braverman President of the Schmidt Group
    Eric Schmidt Founder
    Scott Olle Director of Investments

     

    Portfolio companies include:


      HouseCanary
        web link


     

    Recent News:


      There is no recent news for Hillspire.