The Alternative Investment Management Association (AIMA), the global representative for alternative asset managers, has appointed a new Chair and Vice Chair as well as the formation of the new AIMA Council, the Association’s global board of directors for the 2020-2022 term with effect from 18 September.
Taking over as AIMA Chair is Karl Wachter, General Counsel of Magnetar Capital LLC who has served on the AIMA Council since 2014. He succeeds Simon Lorne, Vice Chair and Chief Legal Officer, Millennium Management LLC who served two terms as AIMA Chair from September 2016-September 2020. Robyn Grew, Chief Administrative Officer and General Counsel, Man Group Plc will act as Vice Chair.
There are six new additions to the AIMA Council – Katharine Abrat of Arkkan Capital Management Ltd, Mark Browne of Dechert LLP, Russell Burt of Marbury Fund Services (Cayman) Ltd, Jon May of Marshall Wace LLP, Rosie Reynolds of Aspect Capital Ltd, and Eva Sanchez of AQR Capital Management (Europe) LLP.
The full Council, who will serve from September 2020 to September 2022, is as follows and includes several who are serving for a further term:
Karl Wachter, Magnetar Capital LLC (Chair)
Robyn Grew, Man Group Plc (Vice Chair)
Jack Inglis, AIMA Chief Executive Officer
Katharine Abrat, Arkkan Capital Management Ltd
Olwyn Alexander, PricewaterhouseCoopers
Darcy Bradbury, D E Shaw & Co
Mark Browne, Dechert LLP
Russell Burt, Marbury Fund Services (Cayman) Ltd
Paul Chadwick, Nanuk Asset Management Pty Ltd
Philippe Jordan, CFM LLP
Simon Lorne, Millennium Management LLC
Jon May, Marshall Wace LLP
Jennifer Mernagh, Aberdeen Standard Investments
Angus Milne, TCI Fund Management Ltd
Rosie Reynolds, Aspect Capital Ltd
Donna Rix, Citadel Investment Group (Europe) Ltd
Eva Sanchez, AQR Capital Management (Europe) LLP
Mark Shipman, Clifford Chance
Matthew Siano, Two Sigma Investments LLC
Ryan Taylor, Brevan Howard Asset Management LLP
Michael Weinberg, APG Asset Management US Inc
The following individuals have stepped down from the AIMA Council:
Andrew Bastow, Thunderbird Partners LLP
Stuart Fiertz, Cheyne Capital Management (UK) LLP
Colin MacKay, Intertrust Group
Christopher Pearce, Marshall Wace Asia Ltd
Danny Yong, Dymon Asia Capital
Wachter says: “I’m honoured to chair the AIMA Council and look forward to serving AIMA’s global membership and the industry. There is plenty of uncertainty in the global financial markets and the alternative investment industry right now, but with the expertise of the Council’s distinguished industry veterans, along with AIMA’s talented staff, I’m confident we’ll succeed together in navigating the challenges ahead.”
Inglis says: “AIMA's Council is critical to the success of AIMA in its role in defining our strategy and guiding our priorities in serving our members. I am delighted to be working with such a strong and diverse governing body, led by our new Chair, Karl Wachter. On behalf of our members I wish also to pay tribute to Simon Lorne, who has been an outstanding Chair over the past four years”.