Long Hill Capital, a Chinese venture capital firm, closed its second fund, at $265M.
Raised within 3 months after initial launch, Long Hill Capital Venture Partners 2 will continue the firm’s thesis-investing strategy in healthcare and consumer sectors.
Investors in Fund 2 include well global Pensions, Endowments, Foundations, Financial Institutions, Family Offices and Fund of Funds.
Founded in 2016, Long Hill Capital is a thesis-driven venture capital firm with over $400M of capital under management. The firm invests in technology-enabled healthcare and consumer companies that seek to massively improve health and quality of life for every Chinese.
From 2005 to 2015, Xiaodong Jiang, the founding partner of Long Hill Capital, led the on-the-ground China investing practice for global investment firm New Enterprise Associates (NEA), which achieved over $500 million in realized investment returns.
Together, the team members have over 40 years of investment experience from such firms as NEA, Matrix, and Morningside VC, and over 20 years of operating experience at successful technology and healthcare companies.