AIMA and MFA form joint Global Steering Group

The AIMA Council and the MFA Board are pleased to announce the formation of a joint Global Steering Group (GSG) with the goal of achieving synergies that will benefit the combined membership and the alternative investment industry globally.

The GSG will serve as a joint steering committee to guide the most effective operational relationship between AIMA and MFA and will be mandated to ensure coordinated policy development and messaging and an efficient use of resources while seeking to leverage the distinct strengths of each association.

The members of the Global Steering Group are as follows:

 The GSG will meet regularly to provide direction and oversight to the work of both associations. AIMA and MFA look forward to communicating with members the work and successes of this joint initiative.

 AIMA Chair Kathleen Casey and MFA Chair David Haley said: “This is an important step in enhancing the co-operative relationship between our two organizations on behalf of our members and the industry as a whole. While AIMA and MFA have worked jointly in the past on individual initiatives, the formation of the Global Steering Group supports greater discipline and consistency of that effort.”

 AIMA CEO Jack Inglis and MFA CEO & President Richard Baker said: “Over more than 20 years, AIMA and MFA have worked tirelessly on behalf of our respective memberships in terms of representation, education and the development of sound industry practices. In an increasingly globalised industry we recognise the benefits of working more closely together and members of both associations should see this as a very positive move towards jointly maximising the unique strengths of each organisation, presenting a single voice where appropriate and avoiding duplication of effort.”

For media enquiries, please contact:

Dominic Tonner, Director, Global Head of Communications, AIMA

Tel: +44 20 7822 8380

Email: dtonner@aima.org

Laura Brooks, Associate, Communications, AIMA

Tel: +44 (0)20 7822 8380

Email: lbrooks@aima.org

Anthony Coley, Executive Vice President, Communications, MFA

Tel: 1-202-730-2600

Email: acoley@managedfunds.org

About AIMA

The Alternative Investment Management Association (AIMA) has over 1,600 corporate members (and over 10,000 individual contacts) in over 50 countries. Members include hedge fund managers and other alternative asset managers, fund of funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. AIMA’s manager members collectively manage more than $1.5 trillion in assets. All AIMA members 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. 

About MFA

Managed Funds Association (MFA) represents the global alternative investment industry and its investors by advocating for sound industry practices and public policies that foster efficient, transparent, and fair capital markets. MFA, based in Washington, DC, is an advocacy, education, and communications organization established to enable hedge fund and managed futures firms in the alternative investment industry to participate in public policy discourse, share best practices and learn from peers, and communicate the industry’s contributions to the global economy. MFA members help pension plans, university endowments, charitable organizations, qualified individuals and other institutional investors to diversify their investments, manage risk, and generate attractive returns. MFA has cultivated a global membership and actively engages with regulators and policy makers in Asia, Europe, the Americas, Australia and all other regions where MFA members are market participants.