Fei Ruan

Fei Ruan is a veteran Chinese venture capitalist who recently launched Captain Vanguard Capital (锋领资本), a solo-GP, dual-currency fund focused on global investing, as 暗涌Waves reported in April 2026 . He previously spent over a decade in cross-border VC roles, serving as Investment Director at Sinovation Ventures, Senior Investment Director at Fosun RZ Capital, and Head of Overseas Business at Rìchū Capital . His academic background spans Peking University's electronics and international relations programs, plus graduate work in physical electronics . The 暗涌Waves piece framed his "one-person fund" as part of a broader test of whether de-institutionalized VC—combining individual expertise density with AI leverage and flat decision-making—can scale in China's primary market .