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Laxman Pai, Opalesque Asia:

Managed Funds Association (MFA), a hedge fund lobby group in the United States, named Bryan Corbett its new president and chief executive officer.

Corbett succeeds Richard H. Baker, who has served in the position since 2008. Mr. Corbett begins his new role on January 21, 2020, and will be based in Washington, DC.

He was most recently a partner and managing director at investment firm The Carlyle Group, where he managed U.S. government and regulatory issues affecting the firm.

Before Carlyle, Corbett served in the George W. Bush Administration as a Special Assistant to the President for Economic Policy and as the Senior Advisor to Deputy Secretary Robert Kimmitt at the Treasury Department; before that he served as Majority Counsel on the Senate Banking Committee under Chairman Richard Shelby.

"Bryan's combination of extensive commercial experience and deep policy expertise will strengthen MFA's ability to meet the evolving needs of our growing and diverse membership for years to come. He is a natural and able successor to Richard Baker, who has served our industry well this past decade," said Jon Hitchon, Managing Director and Chief Operating Officer, Two Sigma Investments, LP and Chair of MFA's Board of Directors.

Bryan Corbett said, "Hedge funds are a critical component of the global financial services industry, creating value for investors, including charitable endowments, educational institutions, hospitals, an......................

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