Core Insights - The article highlights the performance of top private equity founders in the past six months, showcasing their investment strategies and product performance [2][4]. Group 1: Performance Overview - As of October 24, 2025, 25 private equity founders had over 10 products each that met ranking criteria, with a total of 432 products and a combined scale of approximately 71.11 billion yuan, achieving an average return of 22.86% [2]. - The top 10 private equity founders based on performance include: Dan Bin from Dongfang Gangwan, Wang Wen from Rido Investment, Xie Xiaoyang from Tianyan Capital, Gao Simeng from Jukuan Investment, Liang Yong from Haiziyuan Investment, Zhu Xiaokang from Longqi Technology, Liang Hong from Hainan Xiwa, Zou Yitian from Heiyi Asset, Lin Ziyang from Hainan Shengfeng Private Equity, and Gao Kang from Yanfu Investment [2][3]. Group 2: Individual Founder Insights - **Dongfang Gangwan (Dan Bin)**: Managed 69 products with a total scale of approximately 10.02 billion yuan, achieving an average return of ***% in the past six months, leading the rankings [5][7]. - **Rido Investment (Wang Wen)**: Managed 18 products with a total scale of approximately 13.68 billion yuan, with most products achieving returns above ***%, ranking second [8][9]. - **Tianyan Capital (Xie Xiaoyang)**: Managed 12 products with a total scale of approximately 2.25 billion yuan, primarily focusing on quantitative stock selection, with returns above ***% [10]. - **Jukuan Investment (Gao Simeng)**: Managed 42 products with a total scale of approximately 3.38 billion yuan, achieving an average return of ***% [11]. - **Haiziyuan Investment (Liang Yong)**: Managed 11 products with a total scale of approximately 1.27 billion yuan, ranking fifth with an average return of ***% [13]. - **Longqi Technology (Zhu Xiaokang)**: Managed 16 products with a total scale of approximately 2.66 billion yuan, achieving an average return of ***% [16]. - **Hainan Xiwa (Liang Hong)**: Managed 23 products with a total scale of approximately 4.51 billion yuan, with most products achieving returns above ***% [18]. - **Heiyi Asset (Zou Yitian)**: Managed 19 products with a total scale of approximately 2.36 billion yuan, achieving an average return of ***% [20]. - **Hainan Shengfeng Private Equity (Lin Ziyang)**: Managed 12 products with a total scale of approximately 2.33 billion yuan, ranking ninth with an average return of ***% [24].

Core Insights - The market has recovered from the impact of tariffs since April, providing opportunities for private equity stock strategy products, with significant performance differences between subjective long and quantitative long strategies [2] - From April to June, themes like AI computing power and humanoid robots gained traction, benefiting quantitative long products due to their advantages in diversified and programmatic trading [2] - From July to September, A-share indices reached new highs, leading to a notable recovery in the performance of subjective long products focusing on popular sectors [2] Performance Summary - As of October 17, 2025, there are 2,112 subjective long products and 862 quantitative long products with nearly six months of performance data, yielding average returns of 29.62% and 29.43% respectively [2] - In the category of private equity funds with assets over 5 billion, subjective long products outperformed quantitative long products [4] Top Performing Products - In the 50 billion and above category, the top subjective long products include those managed by Wang Aoye, Guan Xin, and Cai Zhijun, with average returns of 34.77% [5][6] - The top three products in the 10-50 billion category are managed by Shi Hao, Zhang Hui, and Tang Yunjie, with the average return for subjective long products at 29.8% [11][12] Quantitative Long Products - In the 10-50 billion category, the top three quantitative long products are managed by Jin Teng, Wang Xiao, and Yin Tao, with an average return of 31.89% [8][9] - The top performing quantitative long product in the 0-10 billion category is managed by Wu Yufeng, with significant recent gains attributed to investments in Bitcoin and AI leaders [20][21] Market Trends - The article highlights a shift towards AI and technology investments, with notable holdings in companies like Nvidia and Google by leading fund managers [7][24] - The "deep earth economy" concept is emerging, with potential market opportunities exceeding trillions [24]