Chinese venture capital firm Long Hill Capital has closed its second fund with US$265 million to continue investing in China’s healthcare and consumer sectors, the firm announced today. Long Hill Capital Venture Partners 2 exceeded the firm’s original target size. Investors in the fund include global pensions, endowments, foundations, financial institutions, family offices and fund-of-funds. Examples of the limited partners of the fund include San Francisco Employees Retirement System, New Enterprise Associates and Asia Alternatives LLC.