# Reform Fund

Reform Fund is an Asset Manager based in Shenzhen, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Shenzhen, China
- **Region:** Asia
- **Address:** Shenzhen, China
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** www.reformfund.com

## Regulatory record

- **Reports private funds:** No

## About

Reform Fund is a fund management and investment firm based in Shenzhen, China. It offers services to financial institutions, businesses, and high-net-worth individuals. The firm has made 5 investments, including a Series B investment in Zhao Qiang Tai Ci Technology on April 09, 2024.

## Questions

### What investment stages does Reform Fund target?

Reform Fund deploys capital across the full venture lifecycle, from seed and start-up phases through to expansion, late-stage growth, and pre-IPO rounds. It also makes fund-of-funds commitments, allocating to other venture managers. This dual approach covers both direct company bets and diversified exposure to the broader venture asset class.

### Does Reform Fund invest only in China?

Reform Fund is headquartered in Shenzhen, one of China's primary technology and venture hubs. Its public-facing materials do not specify a geographic mandate, but its Shenzhen base and generalist China-VC posture suggest a domestic focus. No international offices or cross-border funds are disclosed.

### Who makes investment decisions at Reform Fund?

Reform Fund does not publicly disclose its principals, investment committee members, or key decision-makers. The firm maintains a very low public profile, with no known executive names, biographies, or investment-team details available through official communications or public records.

### How does Reform Fund's fund-of-funds activity work alongside its direct investments?

Reform Fund operates a hybrid model: it makes direct venture investments in companies from seed to pre-IPO, and it also allocates capital to other venture capital funds as a limited partner. The firm does not disclose the split between these two activities, nor whether the fund-of-funds portfolio informs direct deal sourcing.

## Related profiles

- [Reformation Partners](https://altss.com/profile/reformation-partners)
- [Reform Ventures](https://altss.com/profile/reform-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/reform-fund

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