Hedge fund lobbies on both sides of the Atlantic are joining forces to speak in one voice for the global hedge fund industry.

The Washington-based Managed Funds Association and the London-based Alternative Investment Management Association say they are aligning to “develop an information exchange, participate on each other’s Boards, discuss the development of shared initiatives and collaborate on educational seminars.“

“Our members collectively represent the vast majority of alternative investment fund groups worldwide,” Eric Vincent, MFA chairman, said.

“We seek to establish a unified global industry voice, to avoid duplication of effort on common initiatives and to foster market disciplines and efficiencies for our members, counterparties and investors worldwide.”