Tuesday, 31 May 2016
Last updated 26 min ago
Sep 29 2010 | 8:22am ET
The Managed Funds Association has added a British hedge fund manager to its board as the primarily U.S. lobby group casts its eye across the Atlantic.
David Harding, the founder of Winton Capital Management, joins representatives of such major U.S. hedge funds as Avenue Capital Group, Citadel Investment Group, Highbridge Capital Management, Renaissance Technologies and Tudor Investment Corp. on the MFA’s board.
“There is not a broad understanding of the value of our industry in the EU, so the MFA will need to redouble our efforts in Europe over a very short amount of time to present itself as a credible educational resource to those regulators and policymakers,” MFA chief Richard Baker said.
The Washington, D.C.-based lobby reelected D.E. Shaw Group’s Darcy Bradbury as its chairman and named Putnam Coes of Paulson & Co. vice chairman.
The MFA’s move follows the Hedge Fund Association’s decision to open a chapter in London next month. Like the MFA, the HFA is primarily a U.S. organization.