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We invest in the future we want to see. 

Combining impact-driven ventures with strategic opportunities, LCC supports entrepreneurs building businesses that matter.

Our Vision

Li Cheng Capital envisions a future where purposeful capital becomes the norm, not the exception. Drawing on five generations of principled financial stewardship and international bridge-building, we are committed to proving that the most enduring enterprises are those that generate strong returns while addressing humanity's greatest challenges.

Founded by acclaimed impact investor, Mark Cheng, who has garnered over $250 million for various social ventures, LCC is currently led by Angela Wong Cheng, who has successfully raised $45 million for a VC impact fund, further solidifying our commitment to fostering meaningful change.

Some of Our Investments Include:

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Our Core Team

Li Cheng Capital is built on a foundation of complementary expertise and shared conviction. Our team combines decades of social entrepreneurship experience with proven investment acumen, bridging impact and returns through disciplined strategy and genuine partnership with founders. Together, we bring deep networks across East and West, patient capital informed by generational thinking, and hands-on guidance that extends far beyond the boardroom.

Mark Cheng

Founder

Mark Cheng is Managing Director of Ashoka in East Asia, leading the region's network of the world's most prestigious social entrepreneurs from Hong Kong. An experienced social investor, Mark has helped raise over €250 million for more than 100 social enterprises over the past decade. He is author of the Social Investment Toolkit, a guide for social entrepreneurs on raising finance, and a former Director at Emerge Education, Europe's largest seed fund for education technology start-ups. Mark is a founding member of the UK's first social angel investor network and a frequent writer and speaker on social enterprise and finance, published in journals including the Stanford Social Innovation Review. At Li Cheng Capital, he bridges five generations of family legacy in principled financial stewardship with deep expertise in impact investing, partnering with entrepreneurs who prove that the most enduring enterprises create both strong returns and meaningful social impact.

Angela Wong Cheng

CEO

Angela Wong Cheng is a venture capitalist, and global connector who has raised nearly $45 million for a first-time impact fund. She is currently a World Economic Forum Global Shaper and founder of One Earth Shapers, a charitable initiative empowering next-gens in sustainability between Beijing and Hong Kong. She has served as venture partner for AlphaTrio Capital and judge, emcee, and speaker for organizations including Hong Kong Fintech Week, Alibaba Entrepreneurs Fund JUMPSTARTER, and AVPN etc. At LCC, Angela leads portfolio strategy and curates exit opportunities. She brings exceptional capital-raising expertise, global networks, and strategic vision to entrepreneurs building commercially sustainable, impact-driven enterprises.
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