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New York - March 19, 2012 -
Mitch Ackles, a public relations executive specializing in the hedge fund
industry, has been elected president of the Hedge Fund Association, it was
announced today. Ron S. Geffner, a law partner at Sadis & Goldberg LLP and
an expert in regulations affecting hedge funds, was elected to his second term
as vice president.
The Hedge
Fund Association is a non-profit organization that promotes the
understanding and development of the alternative investments industry. Its
members include hedge funds, funds of hedge funds, family offices, public and
private pension funds, endowments and foundations, high net worth individuals,
allocators, and service providers such as prime brokers, administrators,
custodians, auditors, lawyers, risk managers, technologists and third party
marketers.
Ackles, 42, is the founder and CEO of Hedge Fund PR. His
firm represents hedge funds, service providers, investors, conference
organizers, and local, national and global hedge fund groups. He also serves as
spokesman for Hedge
Funds Care, a global charitable organization which raises funds for programs
that work to prevent and treat child abuse. Prior to his election as president,
Ackles also served on the HFA’s board of directors and served as its spokesman
for three years.
Geffner, 45, oversees Sadis & Goldberg’s Financial
Services Group, where he advises private investment vehicles, investment
advisory organizations, broker-dealers, commodity pool operators and other
investment fiduciaries. He also counsels clients on regulatory issues and is a
frequent commentator on the hedge fund industry.
“As hedge funds become
more mainstream, the hedge fund industry has a greater responsibility to help
everyone understand its contributions to the financial markets,” said Ackles. “I
am looking forward to continuing the groundbreaking work that David Friedland
has done as HFA president,” he added.
Geffner said the HFA would strive
to add a strong voice to issues affecting hedge funds and their investors. “The
hedge fund industry faces such challenges as providing more transparency,
meeting new operational standards and complying with new regulations. The HFA
will help the industry navigate these issues,” Geffner said.
David
Friedland, former president and newly-appointed chairman, said the growth of the
hedge fund industry validates the HFA’s mission. “The hedge fund industry has
evolved over the past 25 years from a little-understood niche into an important
component of the financial system, and I am gratified the Hedge Fund Association
has played a part in that transition,” Friedland said.
To download photos
of Mitch
Ackles, Ron
Geffner, and David
Friedland, click on their names.
To download a PDF listing all
new members of the board of directors, regional directors and committee chairs,
click
here.
About The Hedge Fund Association
The Hedge
Fund Association (theHFA.org)
is an international non-profit organization made up of hedge funds, funds of
funds, family offices, high net worth individuals and service providers. In the
U.S., the HFA has chapters in the Northeast, Southeast, Midwest and on the West
Coast. Internationally, the HFA has expanded to include chapters in Europe,
Latin America and the Cayman Islands. HFA works on behalf of the entire hedge
fund industry, including an estimated 9,500 hedge funds in the U.S. and abroad
which collectively manage about $2.02 trillion in assets, as well as investors
and industry service
providers.
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Media Contacts:
Will Thompson
Hedge Fund
PR
267-221-6056
will@hedgefundpr.net
Jaye
Scholl
Hedge Fund PR
818-241-6169
jaye@hedgefundpr.net
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