Tue, May 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AIMA appoints former SEC Commissioner Kathleen Casey as new Chairman

Friday, September 21, 2012
Opalesque Industry Update - The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the appointment of a new non-Executive Chairman, Kathleen Casey, the former Securities and Exchange Commissioner and SEC representative to the International Organization of Securities Commissions (IOSCO) and the Financial Stability Board (FSB).

Ms. Casey served as a United States Securities and Exchange Commissioner from 2006-2011. During her tenure, she acted as the SEC’s principal representative in various international regulatory dialogues and fora, including IOSCO and the FSB. In that role, she also served as Chair of the IOSCO Technical Committee and led various international regulatory workstreams.

Ms. Casey is a member of the District of Columbia and Virginia State bars. She holds a JD from George Mason University School of Law and a BA in International Politics from the Pennsylvania State University.

The period of Ms. Casey’s appointment is for two years. AIMA CEO Andrew Baker said: “We are most honoured that Kathy Casey will be our new Chair. As we move internationally from a period of legislative drafting to regulatory implementation her enormous experience will be invaluable. AIMA has always sought to engage in a constructive and transparent way with industry regulators globally and Kathy will help us further enhance that dialogue. In particular, we look forward to her being able to assist us in supporting the industry’s contribution to a number of very important international regulatory dialogues, for example on discussions around so-called ‘shadow banking’.”

AIMA Chairman Kathleen Casey said: “I am delighted to have been invited to take on this role with AIMA. There is significant new regulatory oversight of hedge funds being introduced internationally and it is important that the industry continue to work closely with regulators because we share common goals: increased financial stability and deep, vibrant and resilient markets.”

Ms. Casey replaces out-going AIMA non-Executive Chairman Todd Groome following the expiry of his term. He had been in the role since the beginning of 2009.

“We are most grateful to Todd for his leadership and service to the industry over two terms of office,” said Mr Baker. “With his IMF experience he provided particular insight into the international regulatory and policymaker community at a time when a significant amount of post-crisis legislation was being drafted.”

(press release)

About AIMA
As the global hedge fund association, the Alternative Investment Management Association (AIMA) has over 1,300 corporate members (with over 6,000 individual contacts) worldwide, based in over 40 countries.

Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. They all benefit from AIMA’s active influence in policy development, its leadership in industry initiatives, including education and sound practice manuals and its excellent reputation with regulators worldwide.

AIMA is a dynamic organisation that reflects its members’ interests and provides them with a vibrant global network. AIMA is committed to developing industry skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the industry’s first and only specialised educational standard for alternative investment specialists. For further information, please visit AIMA’s website, www.aima.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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  3. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former

  4. Institutions - Kentucky pension leans into hedge funds amid governance turmoil, Korea's NPS names finalists for initial $1 billion hedge fund-of-funds allocation[more]

    Kentucky pension leans into hedge funds amid governance turmoil From AI-CIO.com: The Kentucky Retirement Systems moved to increase its hedge fund allocation as controversy reigned over fund leadership. Following a string of high-profile hedge fund exits, the Kentucky Retirement Systems (

  5. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th