HSFB appoints Carlson Capital founder as board member


The Hedge Fund Standards Board (HFSB) has appointed Clint Carlson as the newest member of its board.

HFSB is the global standard-setting body for the hedge fund industry and custodian of the Hedge Fund Standards.

The organisation announced Carlson’s appointment to its members at its Annual North American Stakeholder Forum in New York.

Approximately 100 representatives from major hedge fund managers and institutional investors gathered at the forum to discuss topics, including alignment of interests, industry challenges and opportunities, and investor and manager priorities.

HFSB is the global standard-setting body for the hedge fund industry and custodian of the Hedge Fund Standards.

Carlson is the founder of Carlson Capital, an $8 billion alternative asset management firm based in Texas, which he founded in 1993. Prior to that he worked at the Bass Brothers organisation and Maxxam Group.

Carlson is also a board member of the Rice Management Company and a member of the Board of Overseers for the Jones School of Business at Rice University.

According to HFSB, the addition of Carlson to its board reflects recent growth in the number of US managers supporting the Hedge Fund Standards. New US signatories in 2016 include Carlson Capital, as well as Alyeska Investment Group, BCK Capital, MKP Capital Management, and ROW Asset Management.

The North American signatories currently represent the largest share of the HFSB’s 120 signatories. Assets under management of all HFSB signatories now total more than $800 billion.

HFSB’s Investor Chapter is comprised of 60 major institutional investors, almost half of them from North America.

Dame Amelia Fawcett, chairman of the HFSB, said: “Clint’s years of broad experience and proven business leadership in the asset management industry, particularly in the US, will add a valuable perspective to the Board, and his appointment demonstrates again the value of the Standards for the North American hedge fund community.

“We appreciate his willingness to serve as a trustee and look forward to benefiting from his experience, judgement and counsel as we continue our engagement in North America and globally to improve industry practices.”

Carlson added: “I am delighted to join the board. I believe Standards play a powerful role in our industry. Standardised practices, which are sound and ensure fair treatment of investors, strengthen our industry by increasing investor confidence and making investor due diligence and monitoring more efficient.”


Hedge Fund Standards Board, Hedge funds, Clint Carlson, Dame Amelia Fawcett, Carlson Capital, London, UK, Cayman Islands

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