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THG Ventures
THG Ventures is a venture capital based in Beijing, founded 2015; the Altss profile covers its classification, headquarters, registration, AUM band, and key...
THG Ventures
THG Ventures is a private equity firm based in Beijing, China. It focuses on venture capital investments.
General information
Firm type
Venture Capital
Year founded
2015
Location
Region
Asia
Country
China
City
Beijing
Corporate office
Beijing, China
Principals
罗茁，创始合伙人，董事长
吕大龙，创始合伙人，联席董事长
雷霖 博士，创始合伙人
程鹏 博士，主管合伙人，总经理
赵宇 博士，主管合伙人，副总经理
吕智，主管合伙人
Sector focus
Frequently asked questions
What investment stages does THG Ventures target?
THG Ventures covers the full lifecycle of private company investing in China. The firm's stated strategy spans early-stage venture (seed and start-up), growth capital, late-stage and pre-IPO rounds, buyouts, and PIPEs. It also operates a fund-of-funds program, committing to external managers alongside its direct investment activities.
How does THG Ventures structure its investments?
The firm employs a multi-instrument approach under a single platform. This includes direct equity investments across stages, PIPE transactions for companies approaching public listings, and commitments to third-party funds. The consolidated structure means allocators access venture, growth, and buyout exposure through one relationship rather than across separate fund families.
How transparent is THG Ventures about its AUM and track record?
THG Ventures does not publicly disclose assets under management, fund performance, or detailed team composition. The firm maintains a minimal public footprint — no LinkedIn presence is recorded, and granular data on fund vintages, investment committee structure, or realized returns is absent from open sources. This opacity is typical for some China-based private equity platforms but limits independent due diligence.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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