AIMA

10 November 2006

London, 10 November 2006: AIMA the global trade organisation for the hedge fund industry today announced the election results for its Council for the term 2006/08:

Region               Council Member
Australia             Kim Ivey, Vertex Capital Management Limited
Benelux              Sohail Jaffer, Premium Select Lux S.A.
Canada               Phil Schmitt, Summerwood Capital Corp.
Cayman Islands     Andy Stepaniuk, KPMG
France               Jean-François Vert, AGF Alternative Asset Management
Hong Kong/China Christophe Lee, SHK Fund Management Limited
Ireland               Dermot Butler, Custom House Administration & Corporate Services
Italy                   Massimo Maurelli, Capitalgest Alternative Investments SGR SPA
Scandinavia         Klaus Jäntti , Brummer & Partners
Singapore           Peter Douglas, GFIA Pte. Ltd
South Africa        Ian Hamilton, IDS Alternative Fund Services (Pty) Ltd
Switzerland         Pierre-Yves Moix, RMF Investment Management
UK                     Christopher Fawcett, Fauchier Partners LLP
USA                    Neil Brown, Citigroup Alternative Investments Inc.

The Council has unanimously re-elected Christopher Fawcett as Chairman and Dermot Butler as Deputy Chairman for the next two years.

Florence Lombard, Executive Director of AIMA, is a permanent member of the Council and General Counsel is Iain Cullen of Simmons & Simmons.  Company Secretary is Mary Richardson, Director of AIMA’s Regulatory Department.

The Council is the elected Board of Directors comprising senior professionals from AIMA member companies worldwide.  The election takes place every two years and each member company has the opportunity to vote.

Commenting on the Council’s election, Florence Lombard said, “Professional bodies can stand or fall by the commitment and enthusiasm of their governing members. The level of commitment, dedication and input from our Council members over many years has been outstanding, providing us with the truly global perspective that makes AIMA unique in its field. The association and the industry benefit greatly from their expertise and we know that the next two years will prove to be challenging and productive.”

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For further information, please contact Eoin Brophy, Hume Brophy Communications on +353 (0) 86851 5477

Editors’ Notes

1. About AIMA

Founded in 1990, AIMA is a not-for-profit global trade association with corporate membership in 47 countries.  AIMA focuses specifically on hedge funds, managed futures and managed currency funds.  More than 1100 corporate members (comprising 3500 individuals) enable the Association to create global tools for the benefit of its members, institutional investors and regulators. Its objectives are to increase investor education, transparency and promote due diligence and related sound practices, and to work closely with regulators and interested parties in order to promote the responsible use of alternative investments. AIMA’s membership includes fund of funds managers, institutional investors, hedge fund managers, prime brokers, exchanges, fund administrators, auditors, lawyers and other specialist service providers. Please visit us at www.AIMA.org.

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