# THG Ventures

THG Ventures is a Venture Capital based in Beijing, China.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** www.th-vc.com

## Regulatory record

- **Reports private funds:** No

## About

THG Ventures is a private equity firm based in Beijing, China. It focuses on venture capital investments.

## Sectors

- 信息技术（I）、生物医疗（B）、先进制造（M）和科技服务（S）

## People

- 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

## 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.

## Related profiles

- [The Zabel Companies](https://altss.com/profile/the-zabel-companies)
- [Thia Ventures](https://altss.com/profile/thia-ventures)

---

Last updated: 2026-08-11T15:08:18.003Z

Canonical page: https://altss.com/profile/thg-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology