AIMA unveils three new council directors
14 April 2014
Category: News, Global
By Asia Asset Management
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 LLC; Tim O’Brien, partner, general counsel and CCO of Pine River Capital Management LP; and Stuart Fiertz, president and co-founder of Cheyne Capital Management (UK) LLP.
Millennium Management is a global multi-strategy investment firm with AUM of approximately US$22 billion. Pine River is a global multi-strategy relative value investment firm with AUM of approximately $14 billion. Cheyne Capital is one of Europe’s leading alternative asset managers with AUM of approximately $7 billion. 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.” Ms. Casey, a former SEC Commissioner, is currently a senior advisor with Patomak Global Partners and a non-executive board director of HSBC Holdings.
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.