Alpha2Fund was established in 2015 and uses data-driven and algorithmic approaches across its investment strategies. The latest wave of manager self-investment has involved a number of prominent quantitative and private fund firms. Other managers, including Youmeili Fund, QianYan Fund, Aquajade Fund and Mengxi Investment, also announced proprietary investments during the month. The trend also highlights the increasingly important role of alignment between Chinese private fund managers and their investors. For investors, the willingness of managers to invest alongside them may provide additional reassurance, particularly for quantitative strategies where confidence in models and the ability to withstand short-term performance volatility are critical.