Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

MFA announces alliance with affiliate hedge fund associations

Tuesday, October 13, 2009
Opalesque Industry Updates - Managed Funds Association (MFA) President and Chief Executive Officer Richard H. Baker, today announced that MFA will form alliances with regional hedge fund associations and their members in order to collaborate on key initiatives. The new MFA alliances will provide an opportunity for regional hedge fund associations to play a role in furthering MFA’s mission of advocating industry growth.

“We are pleased to announce this important new initiative to collaborate with regional hedge fund associations toward a common goal,” said Richard H. Baker, MFA President and CEO. “The affiliate associations will join MFA in a cooperative effort to ensure that all participants in the alternative investment industry work together to maintain a robust and healthy industry, across all regions, committed to market disciplines, professional conduct and client services.”

The first of these affiliations will be with the Mid Atlantic Hedge Fund Association (MAHFA) with other regional alliances to follow shortly. Andy Russin, MAHFA President, said, "It is imperative for all industry participants to work collaboratively and speak with a unified voice as our industry continues to evolve and gain prominence in the markets and in the portfolios of institutional investors such as pensions, endowments, foundations and sovereign wealth funds. We are pleased to affiliate with MFA and share our regional relationships and outlooks with MFA's Board of Directors and staff."

MFA will hold a special meeting for new and potential affiliates at its inaugural hedge fund leadership conference, Outlook 2009, October 15-16, at The Waldorf Astoria. Corporate website: www.managedfunds.org

- FG

What do you think?

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

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  2. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  3. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  4. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style

  5. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as