Alternative Investment Management Association Representing alternative asset managers globally
You may have read that shortly I will be stepping down as CEO of AIMA, which makes this my final column for the AIMA Journal. I became CEO at the start of 2009, after just over a year as Deputy CEO, and throughout that time it has been a privilege and honour to serve the global membership of the organisation. It has also been an extraordinary and extremely challenging period for the hedge fund industry.
I am glad to say that, thanks to the efforts of our members, our directors and our staff, AIMA has come through this period greatly strengthened. We have expanded our activities on behalf of the industry globally, particularly in the fields of regulatory, media and investor engagement, and are in far more robust financial and organisational health. We have also grown substantially the range of services we provide to our members, and our continued growth in membership since the crisis is, I believe, a testament to the effectiveness of our work for the industry.
It has been an honour to work with our first-rate staff in the interests of our loyal members, many of whom volunteer significant amounts of their own time to assist us with our work. I would also like to pay tribute to AIMA’s Councils past and present, which have provided excellent counsel and strategic guidance over the years. I am looking forward to future challenges but I know that the organisation is well-equipped for the future.
Finally, I want to say how gratified and excited I am to be handing on the baton to someone of the calibre of Jack Inglis. Jack, as many of you know, joins from Barclays, where he was a member of the Global Executive Committee for Prime Services. He has also been the CEO of a hedge fund firm and prior to that spent 16 years at Morgan Stanley. His breadth of experience will be invaluable in representing the interests of the broad church that is AIMA’s membership. I wish him – and all of you - every success in the future. And above all, thank you for your support during my tenure as CEO of AIMA.
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