Hedge fund lobby the Managed Funds Association has elected a former assistant Treasury secretary and D.E. Shaw Group executive as its new chairman.

Darcy Bradbury, a senior vice president at D.E. Shaw, succeeds Ospraie Management’s Eric Vincent, who has served as chairman for two years. Vincent will remain on the MFA’s board and its executive committee, and was appointed chairman of its nominating committee.

“As we embark on a new era of global regulation of the financial services industry, the MFA Board is committed to working with policy makers in the U.S. and around the world to promote smart regulation of hedge funds and the markets in which we invest,” Bradbury said. “As the voice of the global alternative investment industry, MFA is dedicated to advancing sound business practices, ensuring investor protection and serving as an educational resource while promoting industry growth.”

The MFA also added six other hedge fund executives to its board. The new members are Citadel Investment Group’s Gerald Beeson, Caxton Associates’ Scott Bernstein, Avenue Capital Group’s Sonia Gardner, Moore Capital Management’s Michael Inserra, Maverick Capital’s William Goodell and Renaissance Technologies’ James Rowen.