As programs facilitating investment in China’s stock markets become more widely available to investors and asset managers in Western countries, it is critically important for hedge fund managers to be aware of the possibilities and limits of various investment strategies and to keep pace with China’s liberalization. Similarly, the Middle East presents a patchwork of jurisdictions, imposing various regulations on managers looking to raise capital. The capital-raising opportunities, regulatory hurdles and cultural challenges faced by hedge fund managers looking to access these regions were discussed as part of the Dechert Global Alternative Funds Symposium held in New York on April 6. Moderated by Dechert partner Angelyn Lim, the panel featured partners Karl Paulson Egbert and Christopher Gardner, as well as Dianna Raedle, chief executive officer and president of Deer Isle Capital. This article highlights the key takeaways from the panel discussion. For coverage of last year’s Symposium, see “Portfolio Management and Global Trends for Private Equity and Real Estate Funds” (Jul. 2, 2015); and “Trends in European and Global Hedge Fund Marketing” (May 28, 2015).