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NEW YORK –
September 10, 2012 –
The Hedge Fund Association, an
international organization that
represents investors, hedge funds
and service providers, today
announced that it has appointed Don
Steinbrugge, chairman of Agecroft
Partners, to its board of
directors. Mr. Steinbrugge will
join the segment of the group’s
board which represents the interests
of hedge fund investors. The HFA
also selected Joel Schwab, managing
director of Hedge Fund Research
(HFR) to be its new Midwest chapter
director and Kislay (Sal) Shah of
McGladrey to fill the newly created
role of Connecticut chapter
director. Mr. Shah also continues
to serve on HFA’s board of directors
representing the interests of hedge
fund service providers.
Mr. Steinbrugge is the chairman and
founder of Agecroft Partners, an
award-winning hedge fund consulting
and marketing firm, and has had a
distinguished 27-year career in
institutional investment management
sales. Prior to forming Agecroft
Partners, he was the head of sales
and a founding principal of Andor
Capital Management, which at the
time ranked as the 2nd largest hedge
fund in the world. Prior to that, he
also held the roles as head of
institutional sales for Merrill
Lynch Investment Managers (now part
of Blackrock) and head of
institutional sales for NationsBank
(now Bank of America Capital
Management). Steinbrugge is also
member of the investment committee
for The City of Richmond Retirement
System and The Science Museum of
Virginia Endowment Fund, which gives
him valuable insights into
institutional investors’ decision
making processes.
“The Hedge Fund Association has
truly distinguished itself though
its lobbying efforts on Capitol Hill
and its advocacy for all industry
participants with regulators during
the current roll out of the JOBS
Act. I am proud to join their
accomplished team and look forward
to helping enhance their efforts in
the years ahead,” said Steinbrugge.
Mr. Schwab joined HFR in March of
2012 as a managing director and
heads up business development for
the firm’s hedge fund database and
research products. Prior to joining
HFR, Schwab launched and developed
the commercial business of the
HedgeFund.net hedge fund database
for Channel Capital Group Inc. He
also practiced law in the Corporate
Department of the law firm Katten
Muchin Zavis in Chicago.
“Chicago and the Midwest United
States are important centers for the
hedge fund industry,” Schwab
stated. “In my role as Midwest
chapter director, I plan to
strengthen the HFA’s already
significant presence in this region
by increasing the number of
educational and networking events,
as well as direct outreach to
industry participants,” he added.
Having recently re-located to
McGladrey’s Stamford offices Mr.
Shah serves hedge funds and other
asset managers based in Connecticut
and New York’s Westchester County as
a partner for the accounting firm,
McGladrey. Shah has provided
services to the investment industry
for more than 22 years, and has
worked with a number of leading
hedge funds, private equity firms,
venture capital funds, fund of
funds, mutual funds, collateral debt
obligation funds and mortgage-backed
assets trading and securitization
companies. Prior to joining
McGladrey, he served for 14 years
with a “big four” accounting firm.
“One of the HFA’s most important
missions has been - and remains - to
speak up for the interests of
smaller and emerging managers,” Shah
pointed out. “However, as a part of
our expanding industry advocacy
efforts, we also work on behalf of
larger hedge fund managers, many of
whom are based in Connecticut.”
“Don, Sal and Joel’s insights into
the institutional investment and
hedge fund industries are widely
sought after and we are thrilled
that they are bringing them to the
HFA,” said Mitch Ackles, president
of the Hedge Fund Association.
To download high resolution photos,
please click on the executives’
names:
Don Steinbrugge |
Joel Schwab |
Sal Shah
About The Hedge Fund
Association
The Hedge Fund Association (theHFA.org)
is an international not-for-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, Asia, Latin America, and the
Cayman Islands. HFA works on behalf
of the entire hedge fund industry,
including over 9,500 hedge funds in
the U.S. and abroad which
collectively manage more than $2
trillion in assets, as well as
sophisticated investors and industry
service providers.
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For media enquiries, please contact:
Hedge Fund Association
Mitch Ackles
Hedge Fund PR
(646) 657-9230
Mitch@HedgeFundPR.net
Agecroft Partners
Donald A. Steinbrugge
Agecroft Partners, LLC
(804) 355-2082
donsteinbrugge@agecroftpartners.com
Hedge Fund Research
Mike MacMillan/Chris Sullivan
MacMillan Communications
(212) 473-4442
mike@macmillancom.com
McGladrey
Amy Fischer
McGladrey LLP
(203) 905-5077
Amy.Fischer@mcgladrey.com
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