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Multi Family OfficeAllocates capital directlyLAST VERIFIED Oct 2026 · 1 SOURCES

RIC Capital Management

China-based family office, founded 2009, focused mainly on venture capital investment; led by founding partner Ruifen Xu.

USEFUL FOR Business owners seeking a long-term partner · Co-investors

Identity

HEADQUARTERS
China
FOUNDED
2009

Investment approach

ROUTES
Direct investments
STRATEGIES
Venture capitalPrivate equity

Overview

RIC Capital Management is described in a conference speaker profile as an Asia family office in China whose founding partner, Ruifen Xu, mainly focuses on venture capital investment across more than 50 projects and portfolios, alongside private equity, venture and M&A work. Ruifen Xu previously managed alternative investments (private equity, venture capital, real estate) for the Dow Chemical corporate pension fund. The firm is listed as founded in 2009.

People

  • Ruifen Xu
    Founding Partner · source

Classification

Multi Family Office. Provides family-office services to several families and invests or allocates their money — through mandates, its own programmes or club deals. Advice-only firms are not listed. How family capital is classified →

FAQ

RIC Capital Management is a multi family office based in China, founded in 2009.

RIC Capital Management invests directly in companies. Its stated asset mix includes venture capital and private equity.

RIC Capital Management invests in Education and Real Estate & PropTech.

Key people at RIC Capital Management include Ruifen Xu (Founding Partner).