Fri, Feb 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

The Hedge Fund Association expands board

Monday, September 10, 2012
Opalesque Industry Update - The Hedge Fund Association, an international organization that represents investors, hedge funds and service providers, announced that it has appointed Don Steinbrugge, chairman of Agecroft Partners, to its board of directors.

Mr. Steinbrugge will join the segment of the group’s board which represents the interests of hedge fund investors. The HFA also selected Joel Schwab, managing director of Hedge Fund Research (HFR) to be its new Midwest chapter director and Kislay (Sal) Shah of McGladrey to fill the newly created role of Connecticut chapter director. Mr. Shah also continues to serve on HFA’s board of directors representing the interests of hedge fund service providers.

Mr. Steinbrugge is the chairman and founder of Agecroft Partners, an award-winning hedge fund consulting and marketing firm, and has had a distinguished 27-year career in institutional investment management sales. Prior to forming Agecroft Partners, he was the head of sales and a founding principal of Andor Capital Management, which at the time ranked as the 2nd largest hedge fund in the world. Prior to that, he also held the roles as head of institutional sales for Merrill Lynch Investment Managers (now part of Blackrock) and head of institutional sales for NationsBank (now Bank of America Capital Management). Steinbrugge is also member of the investment committee for The City of Richmond Retirement System and The Science Museum of Virginia Endowment Fund, which gives him valuable insights into institutional investors’ decision making processes.

“The Hedge Fund Association has truly distinguished itself though its lobbying efforts on Capitol Hill and its advocacy for all industry participants with regulators during the current roll out of the JOBS Act. I am proud to join their accomplished team and look forward to helping enhance their efforts in the years ahead,” said Steinbrugge.

Mr. Schwab joined HFR in March of 2012 as a managing director and heads up business development for the firm’s hedge fund database and research products. Prior to joining HFR, Schwab launched and developed the commercial business of the HedgeFund.net hedge fund database for Channel Capital Group Inc. He also practiced law in the Corporate Department of the law firm Katten Muchin Zavis in Chicago.

“Chicago and the Midwest United States are important centers for the hedge fund industry,” Schwab stated. “In my role as Midwest chapter director, I plan to strengthen the HFA’s already significant presence in this region by increasing the number of educational and networking events, as well as direct outreach to industry participants,” he added.

Having recently re-located to McGladrey’s Stamford offices Mr. Shah serves hedge funds and other asset managers based in Connecticut and New York’s Westchester County as a partner for the accounting firm, McGladrey. Shah has provided services to the investment industry for more than 22 years, and has worked with a number of leading hedge funds, private equity firms, venture capital funds, fund of funds, mutual funds, collateral debt obligation funds and mortgage-backed assets trading and securitization companies. Prior to joining McGladrey, he served for 14 years with a “big four” accounting firm.

“One of the HFA’s most important missions has been - and remains - to speak up for the interests of smaller and emerging managers,” Shah pointed out. “However, as a part of our expanding industry advocacy efforts, we also work on behalf of larger hedge fund managers, many of whom are based in Connecticut.”

“Don, Sal and Joel’s insights into the institutional investment and hedge fund industries are widely sought after and we are thrilled that they are bringing them to the HFA,” said Mitch Ackles, president of the Hedge Fund Association.

Press release

bc

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. Opalesque Exclusive: Very small CTA averages 6.90% per month since April’14 inception[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: There aren’t many one-man shops around in the hedge fund world but we talked to one. Andrew S. Peskin, who is ba

  2. Investing - Top U.S. hedge funds cut Apple stakes ahead of all-time high, John Paulson holds gold ETF in Q4 but cuts back on some miners, Hedge funds exited tumbling oil company shares late last year, Some top investors exit Herbalife, Soros added shares in fourth quarter, Moore Capital boosts U.S. financial holdings, reduces China bets[more]

    Top U.S. hedge funds cut Apple stakes ahead of all-time high From Reuters.com: Top U.S. hedge fund management firms, including David Einhorn's Greenlight Capital and Philippe Laffont's Coatue Management, reduced their stakes in Apple Inc during the fourth quarter, ahead of the iPhone mak

  3. Opalesque Exclusive: Skënderbeg launches four single-manager funds with Your Wealth AG[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Skënderbeg Funds AGmvK, an investment fund for qualified investors under Liechtenstein law (umbrella fund),

  4. Opalesque Roundtable: Many Swiss investors are questioning the value proposition of hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: There is a well-known transition among investors in hedge funds between high-net-worth individuals and institutional investors, Ian Hamilton, head of the IDS Group, said during the recent

  5. UCITS HFS Index starts year on positive note with 1.09% gains in January[more]

    Komfie Manalo, Opalesque Asia: The UCITS HFS Index started the year on a positive note gains of 1.09% in January after finishing 2014 with a modest performance of 1.62%. Index provider 2n20 said th