Industry Updates

AIMA announces new global governing council

Wednesday, September 26, 2012

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Opalesque Industry Update - The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the formation of a new AIMA Council, its Board of Directors.

The new non-Executive Chairman was named by AIMA last week as the former US Securities and Exchange Commissioner Kathleen Casey. She replaces out-going AIMA non-Executive Chairman Todd Groome, who had been in the role since 2009.

Ms. Casey is joined on the new AIMA Council by Olwyn Alexander, Partner, PwC; Mark O’Sullivan, Partner, Ernst & Young LLP; Phil Schmitt, President, Summerwood Capital Corp.; and Henry Smith, Global Managing Partner, Maples and Calder. Those continuing their Directorships of AIMA are Andrew Baker, Chief Executive Officer, AIMA; Andrew Bastow, General Counsel, Director of Government & Regulatory Affairs, Winton Capital; James G. Dinan, Founder, Chairman & CEO, York Capital Management; Chris Pearce, Asia COO, Marshall Wace Asia Ltd; Paul Sater, Partner, Ernst & Young; and Phil Tye, Co-Founder and Managing Director, DragonBack Capital Limited.

The retiring slate of Directors are Robert De Rito, Head of Financial Risk Management, APG Asset Management US Inc; Christopher Fawcett, Senior Partner, Fauchier Partners LLP; Florence Lombard, CEO, Chartered Alternative Investment Analyst (CAIA) Association; Sir Paul Ruddock, Director & Chief Executive Officer, Lansdowne Partners Ltd; and Sean Simon, private investor.

Andrew Baker, AIMA’s CEO, said: “We are delighted to have secured such an outstanding Council, and I would like to thank them all for volunteering their time and expertise to AIMA and the global industry. I would also like to pay tribute to the retiring directors for their contributions and support.”

Kathleen Casey, AIMA’s Chairman, added: “I am honoured to be invited to chair the AIMA Council, which reflects the diversity, strength and global reach of the hedge fund industry today. I am excited to work with my AIMA colleagues in representing this important global industry.”

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