The Alternative Investment Management Association has appointed Andrew Baker, previously chief operating officer for alternative investments at Schroder Investment Management, to the newly-cre
The Alternative Investment Management Association has appointed Andrew Baker, previously chief operating officer for alternative investments at Schroder Investment Management, to the newly-created position of deputy chief executive.
Aima says the role has been created to strengthen the senior resources available to the organisation at a time of unprecedented growth in the alternative investment industry. Baker will focus on Aima’s operations and organisational structure, UK affairs, and regulation and tax.
Baker, who has 27 years of asset management industry experience, is already extremely familiar with the association and its work having served on its marketing and PR committee from 2003 to 2004 and on the COO/CFO and sound practices committees from 2005 to the present.
He began his career as a fund manager with NM Rothschild and was a co-founder and fund management partner at HD International before becoming head of the Far East equities team at UBS Asset Management.
Baker subsequently joined Gartmore Investment Management, where he became head of international client services, head of product and business services and head of commercial resources, before becoming a partner and chief operating officer at Beaumont Capital Management. He joined Schroders as chief operating officer for hedge funds.
‘We are delighted to welcome someone with Andrew’s deep experience in the hedge fund industry,’ says Aima chief executive Florence Lombard. ‘His presence will add a notable resource to the association. Andrew has been a tour de force for AIMA in recent years, holding pivotal roles in creating regulatory responses, sound practices guides and manager-related projects.’
Says Baker: ‘The alternative investment management industry continues to grow and evolve at a break-neck pace and the association has done an extremely good job of representing its membership since it was established in 1990. I relish the challenge of working with the council, staff and membership to ensure that Aima continues to perform this role in the years ahead.’
Aima has more than 1,175 corporate members based in 47 countries worldwide, including managers of hedge funds and funds of hedge funds, prime brokers, providers of legal and accounting services and fund administrators. The association is a co-founder of the Chartered Alternative Investment Analyst designation, the industry’s first and so far only specialised educational standard for alternative investment specialists.