Sat, Dec 6, 2025
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Hedge Fund Association launches new chapter in Cayman Islands

Wednesday, January 12, 2011

Peter M.O. Young
Opalesque Industry Update - The Hedge Fund Association (the HFA) today announced that it will be opening its newest chapter in the Cayman Islands in response to intense demand by Cayman-based hedge fund industry participants. This newest step in the HFA’s international expansion comes on the heels of its successful launch of a chapter in the European Union. Peter M.O. Young, President of Advanced Fund Administration, has been named as President of the Cayman Chapter of the HFA for 2011.

“We are extremely pleased to establish a presence for the Hedge Fund Association in one of the most important hubs for offshore hedge funds,” stated David Friedland President of the Hedge Fund Association and President of Magnum U.S. Investments, Inc. “This long overdue expansion will allow us to better advocate and represent a much broader cross section of the alternative investment community when we speak up for the industry in Washington, in the media and beyond.”

“I am honored to have been named President of the HFA’s newest Chapter in the Cayman Islands,” added Peter M.O. Young, President and Founder of Advanced Fund Administration. “I am looking forward to spearheading the HFA’s many events and initiatives in the Cayman Islands as well as rallying the local industry to support the HFA in its ongoing advocacy efforts.”p> Prior to establishing Advanced Fund Administration in 2007, Young was the Executive Vice President and Principal Operating Officer for Citi Hedge Fund Services (Cayman), Ltd. (formerly, BISYS Hedge Fund Services (Cayman) Limited) with responsibility for its Cayman Islands operation. Prior to its acquisition by BISYS, Mr. Young was the Managing Partner and CEO of Rothstein Kass & Company's Cayman Islands office, which included Rothstein, Kass & Company (Cayman) Certified Public Accountants and RK Consulting (Cayman) Ltd. Mutual Fund Administrators respectively. Mr. Young’s professional memberships include the American Institute of Certified Public Accountants, the American Accounting Association, and the Cayman Islands Society of Professional Accountants. He is a Certified Public Accountant and holds a B.S. degree in accounting, a B.B.A. degree in business administration, and a Certificate in Executive MBA.

(press release)

> About The Hedge Fund Association
> The Hedge Fund Association is a not-for-profit international group of forward-thinkers, practitioners and investors united to influence public policy and foster new opportunity throughout the global hedge fund industry. With the widespread misperceptions of alternative investments, the HFA advocates for members by giving voice to the issues through the education of investors, the media, regulators and legislators. Members of the HFA also serve the community through a commitment to philanthropy and academic excellence...Full press release: Source

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Hedge funds outperform mutual funds in managing extreme risk contagion - key insights for investors[more]

    Matthias Knab, Opalesque for New Managers: Hedge funds and mutual funds are among the most prominent vehicles for investors seeking growth and diversification. However, a critical question persists: which fund ty

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. Other Voices: Life settlements hedge funds are gaining acceptance among institutional investors[more]

    By Donald A. Steinbrugge, CFA - Founder and CEO of Agecroft Partners, a global hedge fund consulting and marketing firm. Over the past decade, life settlements hedge funds have steadily gained acceptance among institutional investors. Their appeal lies in the potential to deliver

  4. Opalesque exclusive: Permuto's new equity unbundling product to change investment model[more]

    Opalesque Geneva for New Managers: Here is a different way of owning stocks coming to you soon: the option of holding just the dividend portion of a stock, independent of its price movements. Or capturing the stock&

  5. Opalesque Exclusive: High-profile fraud dispute hits alternative investment firm[more]

    Matthias Knab, Opalesque: Former Tennis Champion Coco Vandeweghe Sues AC Investment Management for $1 Million+ in Missing Funds In a developing legal dispute that underscores the risks athletes and private clients face in trusting financial managers, professional tennis star Co