Wed, Sep 3, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius