The Managed Funds Association (MFA) appointed for new directors to its Board of Directors at its first meeting of the new term on November 10th in New York.
The four new directors, elected by MFA’s membership for a two-year term, are Philip N. Duff, chairman and chief executive officer, FrontPoint Partners LLC; Patrick T. Egan, vice president, Morgan Stanley; Kevin F. Shannon, CPA, chief financial officer, Moore Capital Management, LLC; and John R. Torell IV, chief financial officer and managing director, Tudor Investment Corporation.
Additionally, the Board re-elected its Chairman, Adam C. Cooper, to a second term and the following four incumbent directors were re-elected for a second two-year term: Robert Alderman, managing director, Alternative Investments, Merrill Lynch Global Private Client; Theresa D. Becks, chief financial officer, Campbell & Company, Inc.; Kent A. Clark, managing director and chief investment officer, Goldman Sachs Hedge Fund Strategies Group; and Mark H. Mitchell, vice-chairman, John W. Henry & Company, Inc.
“The Association is keenly focused on the opportunities and challenges that the alternative investment industry will face as our regulatory environment evolves. Our primary goal is to ensure that the industry continues to thrive and develop in an effective and appropriate manner within this environment. We are confident that our new directors will play an instrumental role in helping MFA achieve this goal and those of its members over the months and years to come,” said MFA Chairman Adam Cooper.
The MFA Board also elected MFA’s other officers and members of the Executive Committee at the meeting. The Board re-elected Mr. Mitchell as MFA Vice Chairman, and Arthur F. Bell, Jr., managing partner, Arthur F. Bell, Jr. & Associates, LLC, as MFA Treasurer. Newly elected director Torell was elected MFA Secretary. In addition to these four officers, the Board elected two other directors to serve on its Executive Committee: Robert M. Aaron, chairman and chief executive officer, Derivatives Portfolio Management, LLC, and Scott Bernstein, general counsel, Caxton Associates, L.L.C.
The new directors replace four directors who had each completed two consecutive two-year terms. “We thank our departing directors, who are each leaving the Board after four years of dedicated service and important contributions to the growth and evolution of the Association,” said Mr. Gaine. Those directors include: Kenneth L. Grant, head of global risk management, Cheyne Capital Management Ltd; Jeffrey D. Izenman, co-CEO, BRI Partners LLC, and executive vice president, Rabar Market Research, Inc.; Jean-Louis Juchault, chief executive officer, Systeia Capital Management; and Jeffrey A. Rothman, first vice president and national sales manager, Morgan Stanley.