Managed Funds Association (MFA) has formed a new premier class of membership for service providers, giving an opportunity for service providers to play an important role in furthering MFAs mission of advocating industry growth.
“We are pleased to announce this important new initiative to partner with significant service providers with a common goal. The Strategic Partners will join MFA in a collaborative effort to ensure that all participants in the alternative investment industry, fund managers and their counterparties, work together to maintain a robust and healthy industry committed to market discipline,” says Richard H. Baker, president and CEO, MFA.
The inaugural group of Strategic Partners include: CME Group, Citco Fund Services (USA) Inc.; Credit Suisse; The Depository Trust & Clearing Corporation (DTCC); Ernst & Young, LLP; Goldman, Sachs & Co.; Lehman Brothers; PricewaterhouseCoopers LLP and UBS AG.
Collectively, MFA Strategic Partners will form a new MFA Strategic Partners Council (SPC) in order to discuss current issues, propose policy and initiatives and communicate with MFAs leadership. SPC will meet with MFAs board of directors and will also interface with MFAs Founders Council and HFAC Steering Committee, two of the most significant groups of single-manager hedge fund complexes.