The Hedge Fund Association, an international organisation that represents investors, hedge funds and service providers, has appointed Don Steinbrugge, chairman of Agecroft Partners, to its board of directors.
Steinbrugge (pictured) 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 (HFA), to be its new Midwest chapter director and Kislay (Sal) Shah of McGladrey to fill the newly created role of Connecticut chapter director. Shah also continues to serve on HFA’s board of directors representing the interests of hedge fund service providers.
Steinbrugge is the chairman and founder of Agecroft Partners, a hedge fund consulting and marketing firm. 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 second 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.
“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,” says Steinbrugge.
Schwab joined HFR in March 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. He also practiced law in the corporate department of the law firm Katten Muchin Zavis in Chicago.
Having recently re-located to McGladrey’s Stamford offices, 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.
“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,” says Mitch Ackles, president of the Hedge Fund Association.