The Alternative Investment Management Association (AIMA), global hedge fund and alternative investment industry association, has announced the creation of a new hedge fund industry Investor Steering Committee (ISC).
The committee is to comprise institutional and other investors, and will look to offer strategic and practical guidance on hedge fund industry activities to the investor community. Additionally, the ISC will offer investors input on regulatory and political issues.
The idea was originally developed by AIMA’s global Research Committee, with AIMA responsible for securing the involvement of high-level international institutional investors.
“It is imperative that the hedge fund industry engages fully with the investor community in a positive and constructive manner,” says Christopher Fawcett, Chairman of AIMA. “Investors are an integral part of the development of the hedge fund industry. Accordingly, AIMA’s efforts in policy, education, regulation and sound practices around the world will look to further reflect and incorporate investors’ views”.