Alternative Investment Management Association
26 September 2008
The Alternative Investment Management Association (AIMA) – the leading global representative association for the hedge fund industry – announced its new Council at its Annual General Meeting in London yesterday.
AIMA’s membership has elected three non-Executive Directors, responsible for representing the following regions for a 2 year period:
Also appointed to the Council for a one year term are: Paul Sater, Partner of UK Financial Services at Ernst & Young LLP and Christopher Fawcett, Chief Executive of Fauchier Partners.
AIMA will appoint an independent, non-Executive Chairman in 2009. In the interests of continuity, Christopher Fawcett, who has served as AIMA’s non-Executive Chairman for 6 years, will act as interim Chairman until such time as a new Chairman is appointed.
Remaining on the Council as Executive Directors are: Florence Lombard, CEO; Andrew Baker, Deputy CEO and Emma Mugridge.
“The excellent calibre, deep experience and broad-ranging skills of the new Council will enhance AIMA’s standing as the global voice of the hedge fund industry,” said Andrew Baker.
Many of AIMA’s retiring Council members will continue to serve the Association on the three new Regional Advisory Committees.
Florence Lombard said: “AIMA and its members express their sincere gratitude to the outgoing Council for devoting their time and expertise to AIMA and the industry.
In particular, we thank Dermot Butler, who is stepping down from his post as AIMA’s Deputy Chairman, for his unwavering support over the past 6 years. His outstanding contribution has helped to make AIMA the dynamic organisation that it is today.”
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AIMA, the Alternative Investment Management Association, has over 1,280 corporate members worldwide, based in 47 countries. Members include leading hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting services and fund administrators. They all 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 membership’s 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 at www.aima.org