Use of use alternative data grows in funds industry: AIMA
Hedge funds increase co-investment and customise offerings
To further strengthen its engagement with the investor community and its growing allocator membership, the Alternative Investment Management Association (AIMA) is pleased to announce the creation of a new Global Investor Board (GIB).
The board, which comprises of senior leaders at global institutional investors (representing interests in public and private markets), will provide oversight to AIMA’s investor outreach, advancing industry sound practices and education for the alternative investment industry.
Founding members of this board include: Eduard van Gelderen, CIO, PSP Investments (GIB Chair); Henry Chau, Head of Investments, The Hong Kong Jockey Club; Anne-Marie Fink, CIO, Private Market Funds & Alpha, State of Wisconsin Investment Board; Helen Idenstedt, Head of External Partnerships & Innovation, Forsta AP Fonden (AP1); Frank Mihail, Director, Public Employees Retirement Association New Mexico; Ben Samild, D-CIO Portfolio Strategy, Future Fund; and Danilo Simonelli, Managing Director, External Managers, Ontario Teachers’ Pension Plan; Michael Weinberg, Managing Director, Head of Hedge Funds & Alternative Alpha Hedge Fund Investments, APG Asset Management, US.
The founding members will invite new directors to join the Board in the early part of 2022.
The mission of the GIB is to be an advisory body to channel the ideas of the allocator community back to alternative asset managers industry participants so that they can continue to evolve and meet the changing needs of investors. Initial topics of priority identified by the GIB include: ESG (including DE&I) integration; overcoming the challenges of in-person/virtual meetings in a pandemic-constrained environment; strategic relationships between GPs & LPs and the role of alternatives in a total fund portfolio.
Eduard van Gelderen has been appointed Chair of the new board. He said: “AIMA continues to collaborate with investors towards the ultimate goal of achieving mutually beneficial alignment of interests with alternative investment fund managers. I welcome the creation of this new global investor board and I look forward to serving with my fellow board members to advance industry sound practices and education on the alternative investment industry.”
AIMA’s CEO Jack Inglis said: “I am delighted to have such a stellar group of global institutional investors be the founding members of this new important industry initiative. AIMA looks forward to working with the distinguished members of this group supporting our advocacy and educational efforts for the benefit of the alternative investment industry.”
Alternative Investment Management Association (AIMA), Appointment, Global Investor Board (GIB), Insurance, Reinsurance, Eduard van Gelderen, Global