Morgan Stanley, Bank Of England Vet To Lead Standards Board

Jun 9 2011 | 12:08pm ET

A former Morgan Stanley executive will be the next leader of the Hedge Fund Standards Board.

Amelia Fawcett takes the reins at the voluntary hedge fund industry watchdog on July 1, taking over from interim chairman Andrew Large. Large has filled in for Antonio Borges, the former Goldman Sachs executive and first HFSB chairman, since his departure for the International Monetary Fund in December.

"Standards have an important role to play alongside statutory regulation in reassuring investors and the public that the hedge fund industry is adhering to good practice," Fawcett said.

Fawcett spent almost two decades at Morgan Stanley International, rising to become vice chairman and then European chief operating officer. More recently, she served on the court of directors at the Bank of England.

Fawcett's appointment came in addition to word that several new members have joined the HFSB's investor chapter. Three of them, Blackstone Alternative Asset Management, Corbin Capital and Pacific Alternative Asset Management, have joined its core supporters group, along with new core supporters Albourne Partners and Spinnaker Capital Group. The HFSB investor chapter now boasts 46 members. The HFSB also boasts almost 60 hedge fund signatories to its standards.


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note