Aima appoints non-executive chairman

The Alternative Investment Management Association (Aima) has appointed Kathleen Casey as non-executive chairman.

She replaces out-going Todd Groome following the expiry of his term.

Prior to joining the hedge fund industry association, Casey was at the Securities and Exchange Commission, a representative to the International Organization of Securities Commissions and the Financial Stability Board.

She said: “There is significant new regulatory oversight of hedge funds being introduced internationally and it is important that the industry continue to work closely with regulators because we share common goals: increased financial stability and deep, vibrant and resilient markets.”

The period of Casey’s appointment is for two years.

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