# Altrafin AG

Altrafin AG is a Multi Family Office based in Zurich, Switzerland.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Zurich, Switzerland
- **Region:** Europe
- **Address:** Tödistrasse 5, 8002 Zürich, Switzerland
- **Founded:** 2001
- **Assets under management:** 315 (Altss estimate)
- **Website:** altrafin.com
- **LinkedIn:** https://www.linkedin.com/company/altrafin/

## Regulatory record

- **Reports private funds:** No

## About

Altrafin AG was established in 2001 by Patrick Picenoni and Alessandro Rizzi, both graduates of the University of St. Gallen who previously worked together at the family investment office of Beisheim Holding GmbH. The firm began by managing the assets of a German entrepreneur and later expanded to additional European families and institutions. Investment activity spans private equity, real estate, private credit, hedge funds and fund-of-fund commitments. Portfolios are segmented into a low-turnover anchor sleeve, a tactical thematic sleeve that can include emerging markets, small caps or high-yield bonds, and a liquidity and hedging sleeve. Allocations remain concentrated in Europe. The firm employs a compact team of investment and risk professionals. Founding partners maintain direct portfolio responsibility while extended management handles compliance and research. Banca dello Stato del Cantone Ticino acquired a minority stake in May 2023.

## Sectors

- Private Equity
- Real Estate
- Private Credit
- Hedge Funds
- Fund of Funds

## People

- Patrick Picenoni — Founding Partner and Portfolio Manager
- Alessandro Rizzi — Founding Partner and Portfolio Manager
- Christian von Veltheim — Extended Management, Risk Management and Compliance
- Oliver von Aesch — Investment Analyst and Portfolio Manager

## Questions

### Who runs investment decisions at Altrafin AG?

Founding partners Patrick Picenoni and Alessandro Rizzi retain primary portfolio-management responsibility. Extended management members Christian von Veltheim, Pascal Fischbach and Oliver von Aesch support research, risk and compliance functions.

### How is Altrafin AG regulated?

The firm is authorized by FINMA as a manager of collective investment schemes. This license permits it to manage fund structures for third-party clients in addition to family mandates.

### What asset classes does Altrafin AG deploy into?

Confirmed exposures include private equity, real estate, private credit, hedge funds, fund-of-funds and direct co-investments. Liquid sleeves cover equities, bonds and commodities.

### Where does the underlying wealth originate?

The firm traces its origins to the family investment office of Beisheim Holding GmbH, which managed assets for a globally active German entrepreneur before Altrafin was spun out in 2001.

### Does Altrafin AG participate in co-investments or only fund commitments?

The firm executes both direct co-investments and SPVs alongside fund commitments. Portfolio construction explicitly references direct opportunities within the thematic sleeve.

### Which professional networks does Altrafin AG maintain?

Staff hold memberships in CFA Society Switzerland and the Swiss Association of Wealth Managers. The firm also references Swiss Bankers Association materials for client disclosures.

## Related profiles

- [Stokke Industri AS](https://altss.com/profile/stokke-industri-as)
- [HIA](https://altss.com/profile/hia)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/altrafin-ag-private-investment-office

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