The Hedge Fund Association has appointed Don Steinbrugge, chairman of Agecroft Partners, to its board of directors. On the board, Steinbrugge will represent the interests of hedge fund investors.
The association also selected Joel Schwab, managing director of Hedge Fund Research (HFR), to be director of its new Midwest chapter, and Kislay (Sal) Shah of McGladrey to be director of the Connecticut chapter, a new position. Shah also continues to serve on HFAs board of directors representing hedge fund service providers.
Steinbrugge is the chairman and founder of hedge fund consulting and marketing firm Agecroft Partners. Previously, he was the head of sales and a founding principal of Andor Capital Management, once one of the largest hedge funds in the world. Prior to that, he was head of institutional sales for Merrill Lynch Investment Managers (now part of Blackrock) and head of institutional sales for NationsBank (now Bank of America Capital Management).
The Hedge Fund Association has truly distinguished itself though its lobbying efforts on Capitol Hill and its advocacy for all industry participants with regulators during the current roll out of the JOBS Act, Steinbrugge says. I am proud to join their accomplished team and look forward to helping enhance their efforts in the years ahead.
Schwab joined HFR in March as a managing director and heads business development for the firms hedge fund database and research products. Previuosly he launched and developed the commercial business of the HedgeFund.net hedge fund database for Channel Capital Group Inc. He also practiced law in the Corporate Department of the law firm Katten Muchin Zavis in Chicago.
Chicago and the Midwest United States are important centers for the hedge fund industry, Schwab says. In my role as Midwest chapter director, I plan to strengthen the HFAs already significant presence in this region by increasing the number of educational and networking events, as well as direct outreach to industry participants.
Shah recently relocated to McGladreys Stamford offices, where he serves hedge funds and other asset managers based in Connecticut and New Yorks Westchester County as a partner for the accounting firm. Prior to joining McGladrey, he served for 14 years with a big four accounting firm.
One of the HFAs most important missions has been and remains to speak up for the interests of smaller and emerging managers, Shah says. However, as a part of our expanding industry advocacy efforts, we also work on behalf of larger hedge fund managers, many of whom are based in Connecticut.
Mitch Ackles, president of the Hedge Fund Association, adds: Don, Sal and Joels insights into the institutional investment and hedge fund industries are widely sought after and we are thrilled that they are bringing them to the HFA.
(CG)