Managed Funds Association
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| Managed Funds Association (MFA) | |
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| Founded | 1991 |
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| 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]
Contents |
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
- Richard H. Baker (R-LA), president and ceo
- John G. Gaine, president emeritus and special counsel, International Affairs
- Marc Charon, executive vice president, chief operations officer
- Roger Hollingsworth, executive vice president and managing director, Government Relations
- Stuart Kaswell, executive vice president and general counsel
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.
- Eric Vincent, president, Ospraie Management, LLC, chairman
- Putnam Coes, chief operating officer, Paulson & Co., Inc. vice chairman
- Art Bell, managing partner, Arthur Bell Certified Public Accountants, treasurer
- Tracy Wills-Zapata, managing director - Institutional Business Development, Campbell & Company, secretary
- Trey Beck, managing director, D.E. Shaw & Co., L.P.
- Michel Brogard, managing partner, Amber Captal Investment Management
- Norman Champ, III, general counsel, Chilton Investment Company, LLC
- Samuel Cole, chief operating officer, Blue Mountain Capital Management LLC
- Mark Horowitz, chief operating offficer & general counsel, Glenview Capital Management
- Scott Lawin, managing director & chief operation officer, Fortress Investment Group LLC
- Jeffrey Lomasky, chief financial officer, Cerberus Capital Management
- John Macfarlane, chief operating officer, Tudor Investment Corporation
- Peter Nussbaum, general counsel, S.A.C. Capital Advisors, LLC
- Jim O'Brien, chief operating officer, Cantillion Capital Management
- Joanne Pace, chief operating officer, Morgan Stanely Investment Management
- Sean Simon, co-president, Ivy Asset Management
- Sarah E. Street, executive vice president and chief investment officer, XL Capital Ltd.
Appointed Directors
- Dean C. Backer, managing director, Goldman, Sachs & Co.
- Mark J. Casella, partner, PricewaterhouseCoopers
- Craig S. Donohue, chief executive officer, CME Group
- Fred Hatfield, president, Hatfield Advisory Services
- William Keunen, director of Fund Services, Citco Fund Services (USA) Inc.
- Annette Nazareth, partner, Davis Polk & Wardwell
Special Advisor
- John Damgard, president, Futures Industry Association
News
- The MFA submitted responses to best practices reports released in April of 2008 by the asset managers' and investors' committees appointed by the US President's Working Group on Financial Markets, setting out guidance for establishing best practices standards for the hedge fund industry and its investors.[2]
- 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
- ↑ MFA. Managed Funds Association.
- ↑ MFA Responds to President's Working Group on Best Practices for Hedge Fund Industry. HedgeWeek.
- ↑ Press Release. HedgeWeek.
- ↑ Hedge Fund Group Spent $660,000 Lobbying in 1Q. AP.
