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MFA announces 2019-2020 board of directors

Thursday, September 26, 2019
Opalesque Industry Update - Managed Funds Association (MFA), the leading trade association for the global alternative investment industry, today announced its 2019-2020 Board of Directors. The new Board represents a diversity of hedge fund firms, strategies, and locations, as well as institutional investors and other stakeholders. It will provide governance oversight to MFA and guide the Association's advocacy, education, and communication efforts.

MFA's Board unanimously elected Jonathan Hitchon, Managing Director, Chief Operating Officer, Two Sigma Investments, LP as Chair and Natalie Birrell, Partner & COO, Anchorage Capital Group, L.L.C. as Vice Chair. The board reelected Joe Wiggins, Partner and U.S. Leader of PricewaterhouseCoopers Assurance Alternatives Practice, PricewaterhouseCoopers LLP, as Secretary and Treasurer.

"At this critical moment in the global economy, MFA member firms are helping investors manage risk, diversify portfolios and deliver risk-adjusted returns over time," said Mr. Hitchon. "But there is more work to do, which is why MFA's efforts to promote efficient, fair and transparent markets, educate stakeholders, and communicate the industry's value are so important. I look forward to working alongside my peers and the talented team at MFA to address today's challenges, while building an industry that will continue to serve pension funds, endowments and other investors well into the future."

According to Preqin, institutional investors represent nearly 60 percent of the industry's $3.6 billion capital under management.

"With a larger, more diverse membership, twice as many employees and annual revenue of $20 million - a three-fold increase since 2007- MFA is well-positioned to meet the needs of the global hedge fund industry," added MFA President and CEO Richard H. Baker, who in March announced his retirement at the end of 2019. "I am grateful to all of our members, in particular the six chairs of the board with whom I have served these last twelve years. Together, with a talented team, MFA has become a global powerhouse that effectively advances the interests of our member firms and their investors."

The following Members were elected to serve a two-year term on the Board:

· Michel Brogard, Chief Executive Officer, CQS (US), LLC;

· Susanne Clark, General Counsel & Senior Managing Director, Centerbridge Partners, L.P.;

· Shawn Fagan, Chief Legal Officer and Managing Director, Citadel LLC;

· Andy Genser, General Counsel, Viking Global Investors LP;

· Jody Gunderson, Managing Principal, CarVal Investors;

· Nathan Romano, Chief Operating Officer, York Capital Management;

· Jim Rowen, Chief Operating Officer, Renaissance Technologies LLC;

· Kim Rozman, Associate General Counsel, HBK Capital Management; and,

· Dede Welles, General Counsel, PDT Partners, LLC.

MFA also appointed eight Members to serve a one-year term on its Board:

· Antoine Babule, Managing Director, Head of Prime Services, Societe Generale;

· Thijs Coenen, Managing Director Private Equity & Business Management, APG Asset Management;

· Marcus Frampton, Chief Investment Officer, Alaska Permanent Fund Corporation;

· Patrick George, Head of Global Markets EMEA & Global Head of ICG, HSBC Bank Plc;

· Edouard Matitia-Cohen, Managing Director, Bank of America Merrill Lynch;

· Eamon McCooey, Managing Director, Head of Prime Services, Wells Fargo Securities, LLC;

· Peter Salvage, Managing Director, Global Head of Credit Fund Services, BNY Mellon; and,

· Daniel Spies, Partner, Sidley Austin LLP.

Additionally, incumbent Board Members who were re-elected or reappointed to another term are:

· Mr. Hitchon, MFA Chair;

· Ms. Birrell, MFA Vice-Chair;

· Mr. Wiggins, Secretary and Treasurer;

· David Angstreich, Partner, Chief Operating Officer and Chief Financial Officer, Valinor Management, L.P.;

· Pamela Arnsten, Managing Director, J.P. Morgan;

· Darcy Bradbury, Managing Director, the D. E. Shaw group;

· Harshal Chaudhari, Deputy Treasurer and Chief Investment Officer, Global Pensions - GE;

· Jodi Lynn DeVito, Managing Director, Credit Suisse;

· Sally Dornaus, Managing Director and CFO, Bain Capital Credit and Bain Capital Public Equity;

· Christopher Hayward, President and Partner, GoldenTree Asset Management LP;

· Frederic Leif, Managing Director and Chief Financial Officer, Abrams Capital;

· Jay B. Peller, Managing Director, Head of Fund Services, Citco Fund Services (USA) Inc.;

· Adam Prestandrea, Principal and Chief Operating Officer, Element Capital Management LLC;

· Marc Rothenberg, Managing Director, Goldman Sachs & Co.;

· Scott Schroeder, Co-Founding Partner, Balyasny Asset Management, L.P.;

· Zion Shohet, Chief Operating Officer, Elliott Management Corporation; and,

· Kirk Wickman, President, Angelo, Gordon & Co. L.P.

Paul N. Roth, Partner, Schulte Roth & Zabel LLP, will remain a special advisor to MFA's Board.

MFA also announced its new Executive Committee would consist of Mr. Hitchon, Ms. Birrell, Ms. Bradbury, Mr. Hayward, Mr. Rowen, Mr. Shohet, and Mr. Wickman.

MFA also expressed its appreciation to departing Board Members:

· Eric Burl, Head of Americas, Man Group;

· Whitney Chatterjee, Partner, Sullivan & Cromwell LLP;

· Natalie Deak Jaros, Partner, EY;

· Samuel Gallo, Chief Investment Officer, University System of Maryland Foundation;

· Michael S. Harris, President of Campbell & Company, LP;

· Joel Hinkhouse, Senior Investment Manager, Teacher Retirement System of Texas;

· Louis Molinari, Managing Director, Head of Capital Solutions, Barclays;

· Andrew Rabinowitz, President & COO, Partner, Marathon Asset Management, L.P.; and,

· Ashley Wilson, Co-Global Head of Equities Trading and Head of EMEA Equities, Deutsche Bank.

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