Lingfeng Capital, a Greater China-focused fintech investment specialist, is in the process of launching its second RMB-denominated fund while weighing the possibility of kicking-start the fundraising work for its second US dollar fund in the second half of 2021.
The debut of the USD Fund II is subject to the development of the global COVID-19 vaccination process and if governments worldwide would ease travel restrictions by then, since many of Lingfeng’s LPs are based outside China.