AIMA opens Washington office

US_congressThe London-based Alternative Investment Management Association (AIMA) has opened its second office in the US, in Washington DC.

According to a statement from the trade body, the new office – which adds to AIMA’s existing New York office – will support the association’s growing membership and government affairs work in the US and will allow it to deepen relationships with local regulators and policy makers.

Jiri Krol, AIMA’s deputy chief executive and its global head of government affairs, will relocate from London to lead the Washington office.

From Washington he will continue to maintain his current responsibilities, including overseeing policy and regulatory engagement in Europe and the Asia Pacific regions.

Krol will additionally take on the position of global head of the Alternative Credit Council (ACC), AIMA’s private credit affiliate.

AIMA chief executive Jack Inglis said: “The US is by far the largest alternatives market in the world. Over $1trilllion – more than half of our manager members’ assets – are managed by firms headquartered in the US.

“It is also the world’s largest private credit market, where many of our ACC members are headquartered.”

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