Alternative Investment Management Association Representing alternative asset managers globally
11 April 2014
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has appointed three new directors to its global Council, its governing body.
The three directors are Simon Lorne, Vice-Chairman and Chief Legal Officer of Millennium Management L.L.C.; Tim O’Brien, Partner, General Counsel and CCO of Pine River Capital Management L.P.; and Stuart Fiertz, President and Co-Founder of Cheyne Capital Management (UK) L.L.P.
Millennium Management is a global multi-strategy investment firm with AUM of approximately $22bn. Pine River is a global multi-strategy relative value investment firm with AUM of approximately $14bn. Cheyne Capital is one of Europe’s leading alternative asset managers with AUM of approximately $7bn. All three organisations have offices in the US, Europe and Asia.
Kathy Casey, AIMA Chair, welcomed the appointments: “We are most fortunate to add three enormously experienced and well-qualified directors to our Council. I would like to personally thank Stuart, Simon and Tim for volunteering to serve on the board. Their commitment and contribution to AIMA is tremendously appreciated and their appointments underscore AIMA’s leadership of the industry and the strength of its global network.”
Jack Inglis, AIMA’s CEO, added: “I am delighted to be working with three individuals of such high calibre. Adding these new manager representatives strengthens our governance yet further. The combined experience and skills of our full Council are invaluable to me in guiding our global mandate in support of our members in the hedge fund industry. As ever, we are most grateful for all the efforts of those who volunteer their time, not only at Council level, but also within our many committees and working groups internationally.”
AIMA’s Council is comprised of members from its three regions - Asia Pacific, EMEA and the Americas - and includes key figures at hedge fund manager firms, senior practitioners in the hedge fund service sector and an investor representative.
AIMA’s Chairman, Kathy Casey, a former SEC Commissioner, is currently a senior advisor with Patomak Global Partners and a non-executive board director of HSBC Holdings.
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For media enquiries, please contact Christen Thomson, AIMA’s Head of External Affairs. Tel: +44 (0)20 7822 8380; Email: firstname.lastname@example.org
As the global hedge fund association, the Alternative Investment Management Association (AIMA) has over 1,400 corporate members (with over 7,000 individual contacts) worldwide, based in over 50 countries. Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. AIMA’s manager members manage a combined $1.5 trillion in assets (as of March 2014).
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.