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The new members include Bradley Belt, Vice Chairman of Orchard Global Asset Management, Marcus Frampton, CIO of Alaska Permanent Fund Corporation and Priti Singh, Head of External Portfolio Management at Canada Pension Plan Investment Board (CPPIB).

The SBAI is the global standard-setting body for the alternative investment industry, supported by approximately 200 alternative investment managers and institutional investors who collectively manage $3.5 trillion.

The Standards Board's North American Committee was established in March 2018 with the US and Canada-based representatives from Alaska Permanent Fund Corporation, Albourne, Carlson Capital, Citadel, Ionic Capital Management, CPPIB, Magnetar Capital, MKP Capital Management and University of Southern California. The committee directs the SBAI's efforts in North America.

Additionally, the SBAI welcomed two new Core Supporters: Citadel and Orchard Global Asset Management, both of whom have offices around the globe and have been Signatories to the Alternative Investment Standards for a number of years. Existing Core Supporters include Aberdeen Standards Investments, Albourne, Arrowgrass, Carlson Capital, Ionic Capital Management, PAG and Unigestion.

The SBAI also welcomed the University of Toronto Asset Management Corporation to its Investor Chapter.

The SBAI also has hired Elizabeth "Betsy" Ewing, a US-based consultant, who will be engaged in the SBAI's activities in North America and will be working closely with the SBAI's North American Committee, as well as supporting the SBAI's global efforts. Betsy spent 20 years with Carlson Capital, most recently serving as Head of Client Development & Investor Relations.

Ed O'Reilly, Senior Managing Director at Citadel and Chairman of the SBAI's North American Committee, said: "We have made great progress in North America, and I'm thrilled to be working closely with Betsy Ewing, our global partners and the board of trustees on extending our membership and influence."

Bradley Belt, Vice Chairman of Orchard Global Asset Management, based in Washington, D.C., said: "The SBAI does an outstanding job of engaging investors, asset managers and financial regulators from around the globe, and we are pleased to support its mission of developing best practices for the benefit of all stakeholders in the asset management industry."

Dame Amelia Fawcett, Chairman of the SBAI, said: "We are grateful for the increased support from these prominent investors and managers in furthering the SBAI's mission of improving how the alternative investment industry operates. We're also very grateful for the success the North American Committee has had since being formed earlier this year, mirroring the success we have seen with the APAC Committee. We also welcome Betsy to the team. Given her broad experience, we look forward to her providing important on-the-ground support in North America, as well as contributing to our global activities."

The percentage of SBAI manager Signatories and Investor Chapter Members from North America continues to grow and today accounts for the largest segment of the SBAI Stakeholders. Today, 42% of SBAI Signatories and 47% of Investor Chapter members are from North America, compared to 15% and 40%, respectively, in 2012.

Notable managers from North America who have become SBAI Signatories since the formation of the North American Committee include Dorsal Capital Management, PIMCO, Steadfast Capital Management and Voss Capital. Institutional investors joining the SBAI Investor Chapter include Alberta Investment Management Corporation, Clocktower Group, University of Southern California and UTIMCO.