CHINA ALTS Zurich 2026
China, Reconsidered
China’s place in global portfolios is being reconsidered - not simply in terms of whether to invest, but how, where, with whom, and under what conditions.
CHINA ALTS
An annual gathering for senior European allocators and leading China-focused investment managers, dedicated entirely to China alternatives and built around the Europe–China investment relationship.
Across three focused conversations, the programme examines public-market dispersion, the next innovation cycle, and the conditions under which institutions can reassess China exposure.
The Conversations
Venture Capital - “Hype Cycle or Supercycle”
AI, robotics, and blockbuster IPOs. Too early to tell, too late to ignore. A closer look at the technologies, companies, and exit pathways shaping the next phase of China venture capital.
Hedge Funds - “Up 100, Down 20”
Same market, same year. Winners and losers, further apart than ever. A discussion about dispersion, manager differentiation, downside discipline, and where China-focused hedge funds are finding—or failing to find—repeatable alpha.
Limited Partners - “Uninvestable, Unavoidable”
The narrative has turned. What does it take to move? European allocators discuss how they are reassessing China exposure, governance, pacing, access, and the conditions required for renewed conviction.
CHINA ALTS Zurich 2026 - Agenda
13:30 - 14:00 | Registration
14:00 - 14:10 | Welcome
14:10 - 14:30 | Keynote Perspective - The Conviction Gap: Underwriting China’s Next Great Companies
14:30 - 15:25 | Venture Capital Panel - Hype Cycle or Supercycle
15:25 - 15:45 | Break
15:45 - 16:05 | Keynote Perspective - China: Not In or Out, But How (Much)? Asymmetric Returns in a Maturing Economy
16:05 - 17:00 | Hedge Fund Panel - Up 100, Down 20
17:00 - 17:30 | Demo
17:30 - 18:15 | LP Roundtable - Uninvestable, Unavoidable
18:15 - 18:30 | Closing Remarks
18:30 Onward | Apéro & Networking
-subject to change-
Hosts
Stefan Steiner – CEO & Chairman, Crossbow Partners, a Swiss advisory firm specializing in tailored absolute return and multi-manager solutions. Stefan brings 36 years of financial-markets experience across hedge funds, equities, and derivatives. Prior to Crossbow, he was senior advisor to a large single-family office following a decade with UBS Asset Management.
Wuhao Xi – Founder, Everset Partners, an alternative investment firm focused on strategic allocation to China. Wuhao works with institutional investors and family offices on access and manager selection across China-focused venture capital and hedge funds. Prior to Everset, he was responsible for global VC/PE investments at the single-family office of Baidu’s founder.
Featured Speakers
VC:
Allen Zhu – Managing Partner, GSR Ventures, backing tech companies in the internet, consumer platforms, and AI-enabled software sectors. Allen has nearly two decades of venture experience and a track record of identifying consumer tech unicorns. His portfolio features era-defining investments: he led the early rounds of DiDi, Xiaohongshu (RedNote) and Ele.me.
Norah Tian – Founding Partner, Monad Ventures, an early-stage VC focused on embodied AI and robotics, frontier technologies, and AI-native hardware. Norah founded the firm in 2015 and has backed companies including Unitree Robotics, Deepexi, Extreme Vision, Robot Phoenix and D-Robotics. Previously, she worked at CITIC Capital and UBS Investment Bank. She is a two-time Fortune China “40 Under 40” honoree and was named one of Forbes China’s “Top 20 Women Investors” in 2026.
Boyu Hu – Founding Partner, XVC, an early-stage VC backing entrepreneurs and emerging category leaders. Boyu is an entrepreneur-turned-investor with more than a decade of venture-investing experience. His portfolio includes Kuaishou, Chagee, Weee! and Hetao Coding. He co-founded Amarsoft, China’s largest credit-risk-management software company, listed on the Shenzhen Stock Exchange.
Yongteng Wen - Founding Partner, Nebulon Ventures, an early-stage VC focused on AI. He founded the firm in 2026 after building a reputation as a prominent tech investor. Previously, he served as Managing Director and IC member at Baidu Ventures, where he systematically drove investments in generative AI and infrastructure, including HeyGen, Vidu, and VAST.
Yelin Sun – Founding Partner, HyT Capital, an early-stage VC focused on deep tech, including semiconductors, AI, robotics and intelligent terminals. Yelin has over a decade of venture experience and has backed companies including InnoScience, LDRobot, SmartX and Hanshow Technology. Prior to founding HyT Capital in 2015, he was a Senior Vice President at Huawei for 18 years.
HF:
Yi Fan – CEO, Alpine Investment Management, a China-focused long/short equity hedge fund with global macro and derivatives overlay. Yi was one of the founding partners and a key member of the investment team at Optimas Capital. He has previously held institutional-sales and hedge-fund-advisory roles at Credit Suisse, BofA Merrill Lynch and Goldman Sachs.
Richard Li – Managing Director and Co-Portfolio Manager, 3W Fund Management, a Hong Kong-based hedge fund specializing in fundamental, research-driven equity investments. Richard brings over a decade of institutional asset management experience to the firm, having joined 3W in 2013 to focus on deep-dive research and portfolio strategy. Prior to this, he held research analyst roles at Fullgoal Fund Management and Prime Capital Management.
Michael Qu – CEO, DH International Fund Management, a homegrown Chinese hedge fund firm specializing in multi-asset allocation. Michael brings more than two decades of experience across global markets, investment research and wealth advisory. Before joining DH International, he was CEO of Caixin Insight Group, and he spent nearly a decade on global asset allocation at Merrill Lynch.
Allocator:
Matthias Feiler – Head Asset Allocation, LGT Capital Partners. Matthias is responsible for the quantitative analysis and design of LGT CP’s multi-asset portfolios. Before joining the firm in 2007, he was a senior researcher at the Department of Management and Economics at ETH Zurich. At LGT, he has helped establish the firm’s proprietary forecasting framework using scenario analysis. His team is dedicated to producing top-down analyses and perspectives on traditional and alternative investments.
Lauri Ehanti – Managing Director, HFI Global AG. Lauri oversees investment activities across public and private markets for the Swiss-based single-family office. Prior to this role, he was the Head of Investments at Aalto University Endowment in Finland, where he managed a €1.5 billion diversified multi-asset portfolio. Before his extensive tenure in endowment management, he held senior risk management positions at OP Financial Group.
Nicolas Ferretjans – Head of Private Markets & Alternatives, Horizon21, a prominent Swiss single-family office. Nicolas oversees global allocations across private equity, private credit and specialized alternative strategies. Previously, he was the founder and CIO of Swan Capital and InPact Partners, following more than 18 years at Credit Suisse, where he was a Managing Director in structured products and corporate risk solutions.
Patrick Erne – Partner, Reichmuth & Co. Patrick leads the investment research and macro scenario analysis for the Lucerne-based boutique private bank, overseeing the firm's forward-looking asset allocation and risk management framework for UHNW families and institutional investors. He manages the bank's two funds of hedge funds, which are integral to the asset allocation of the firm's multi-asset portfolios.
Maximilian Mahn – Head of Portfolio Management, HNW Family Office AG. Maximilian oversees the investment process, strategic asset allocation, and external manager selection for the Swiss-based multi-family office. Prior to joining HNW, he held prominent wealth management and investment roles at leading financial institutions, including Bergos and Deutsche Bank, where he managed complex multi-asset portfolios for UHNW clients.
Ronnie Wu – CIO, Penjing Asset Management, a Hong Kong-based fund-of-hedge-funds platform. Ronnie has more than 25 years of experience allocating capital to alternative strategies and is a recognized pioneer in Hong Kong’s hedge-fund and fund-of-hedge-funds industry. Before co-founding Penjing in 2005, he co-founded and served as CIO of Vision Investment Management; earlier in his career, he held roles at UBS, JPMorgan Chase and Merrill Lynch.
-more to be announced-
Who Should Attend
The gathering is intended for senior professionals from institutional investors, family offices, funds of funds, endowments, wealth and asset managers, China-focused hedge funds, and venture capital firms. A limited number of trusted advisers and industry experts may also be invited where they add directly to the conversation.
Registration
Participation is by invitation and subject to approval. Confirmed guests will receive the exact venue and final event information directly.
Invitations are personal and non-transferable. Capacity is limited in order to preserve the quality of the discussion.
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