Industry Updates

MFA forms alliance with New York Hedge Fund Roundtable

Tuesday, February 23, 2010

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Opalesque Industry Update – Managed Funds Association (MFA) President and CEO Richard H. Baker, (yesterday) announced that MFA has formed an alliance with the New York Hedge Fund Roundtable (NYHFR), a membership community of over 1,000 hedge fund professionals, investors, and professional service firms.

“Our affiliation with the New York Hedge Fund Roundtable allows us to exchange information and ideas with professionals located at one of the most important hubs within our industry,“ said Richard H. Baker, MFA President and CEO. “We look forward to participating in collaborative, educational discussions on industry best practices, regulatory policy, and a wide range of other issues.”

The affiliation furthers MFA’s efforts to align members of the alternative investment community and unify the industry’s voice. NYHFR will benefit from MFA’s expertise and insight on federal and international issues. Additionally, members of NYHFR will have access to MFA’s frequent educational events and conferences. This year’s remaining conferences include the managed futures and global macro investment strategies Forum conference in Chicago (June 8-9) and the MFA member-only Outlook conference in New York (October 7-8).

Timothy P. Selby, President of NYHFR, said, “Our alliance with MFA fits perfectly with New York Hedge Fund Roundtable’s mission to educate members about topical, significant industry issues and to endorse best practices and the highest ethical behavior. We believe this affiliation is another significant step toward unifying the industry voice at a time when clear, informed communication is more important than ever.”

MFA recently announced alliances with the Connecticut Hedge Fund Association (January 2010) and the Mid Atlantic Hedge Fund Association (October 2009). Other affiliations with regional hedge fund associations are expected to be announced in the coming months.

Managed Funds Association (MFA) is the voice of the global alternative investment industry. Its members are professionals in hedge funds, funds of funds and managed futures funds, as well as industry service providers. Established in 1991, MFA is the primary source of information for policy makers and the media and the leading advocate for sound business practices and industry growth. MFA members include the vast majority of the largest hedge fund groups in the world who manage a substantial portion of the approximately $1.5 trillion invested in absolute return strategies. MFA is headquartered in Washington, D.C., with an office in New York. www.managedfunds.org.

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