Managed Funds Association

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Managed Funds Association (MFA)
Mfa logo-1-.gif
Founded 1991
Headquarters Headquarters: Washington, D.C. and NYC
Products Trade association for alternative investment industry
Web site www.managedfunds.org

The Managed Funds Association (formerly Managed Futures Association) is a professional organization formed in 1991 to be the voice of the global alternative investments industry.[1]

Objectives

Objectives of MFA include enhancing the "image and understanding of the alternative investments industry through media relations initiatives, to further constructive dialogue with regulators in the pursuit of regulatory reform, and to improve the communication with, and the training of, the association's members through effective communications programs."

Alternative asset managers, including hedge fund managers, are often misunderstood by the press, the government, and the public at large. In light of the D.C. Court of Appeals decision overturning the Securities and Exchange Commission’s (SEC) rule requiring registration of most hedge fund managers, the recent pension reform legislation, and the fast growth and increased visibility of the industry, hedge fund managers are under heightened scrutiny in the U.S. and abroad. This scrutiny necessitates focused advocacy, consistent messages, and shared experiences for the industry.

Membership

MFA members include professionals in hedge funds, funds of funds and managed futures funds. MFA Members represent the vast majority of the largest hedge fund groups in the world who manage a substantial portion of the over $1.67 trillion invested in absolute return strategies.

Key People

MFA directors are elected annually to serve two-year terms. They are eligible to serve two consecutive terms. Directors elect a chairman and officers to serve for a fiscal year, October 1 - September 30.

  • John R. Torell, IV, managing director and chief financial officer, Tudor Investment Corporation, chair
  • David C. Haley, president, managing director, HBK Capital Management, vice chair
  • Bruce S. Darringer, member and chief operating officer, King Street Capital Management, secretary
  • Mikael A. Johnson, senior lead partner, alternative investments, KPMG LLP, as treasurer.
  • Timothy L. Barefield, COO, Pershing Square Capital Management, L.P.
  • Putnam Coes, III, partner and COO, Paulson & Co., Inc.;
  • Anthony J. DeLuca, chief financial officer, Moore Capital Management, LP
  • Duncan Ford, partner, chief operating officer, Marshall Wace LLP
  • Christopher Hedberg, managing director, CarVal Investors
  • Eric Komitee, general counsel, Viking Global Investors LP
  • Ajay Nagpal, chief operating officer, Millennium Management LLC
  • Christopher Greene, managing director and chief administrative officer, Tudor Investment Corporation
  • David C. Haley, president, managing director, HBK Capital Management
  • Kimberly Summe, chief operating officer and general counsel, Partner Fund Management, LP

Appointed Directors

Special Advisor

News

  • In early June, 2008, the MFA and CME Group, a Strategic Partner member of the association, met with Chinese government officials, policy makers and financial services representatives with the aim of continuing dialog about the important role of alternative investments in the capital markets and to strengthen relationships in China as its economy and financial markets grow.[3]
  • On June 18, 2008, the Associated Press reported that the MFA spent $660,000 in the first quarter of the year to lobby against congressional efforts to raise taxes on hedge funds, buyout firms and their managers.[4]

Office Locations

Headquarters:

2025 M Street, N.W.
Suite 610
Washington, DC 20036
202.367.1140

NYC Office

360 Madison Avenue
18th Floor
New York, NY 10017
646.637.9258

References

  1. MFA. Managed Funds Association.
  2. MFA Responds to President's Working Group on Best Practices for Hedge Fund Industry. HedgeWeek.
  3. Press Release. HedgeWeek.
  4. Hedge Fund Group Spent $660,000 Lobbying in 1Q. AP.