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1000th Corporate Member Milestone for AIMA

Date: Wednesday, June 14, 2006
Author: AIMA

London, 14th June 2006—The Alternative Investment Management Association (AIMA) - the largest global body representing the hedge fund industry – has approved membership of its 1000th corporate member.  Founded in 1990, AIMA has members in 46 countries. This latest addition is DB Absolute Return Strategies in Singapore.  DB ARS is the global fiduciary hedge fund management business of Deutsche Bank, one of Europe’s largest financial institutions.

Commenting on reaching the 1,000 membership level, AIMA Chairman, Christopher Fawcett said, “This is a milestone for AIMA and its existing membership.  Literally thousands of people have worked with AIMA in the last 15 years to build the Association’s and industry’s reputationAchieving this level of corporate membership worldwide reinforces AIMA’s position as the leading representative body for the global hedge fund and related industries”.

“Hedge funds have global reach and it is important that they have a management association to back them up. We have developed international relationships with regulators and national legislators and we are able to make this depth of expertise available to our members throughout the world.”