MFA finances AIMA’s challenge to EU directive
Wed Feb 17, 2010
AIMA’s attempt to bring about changes to the draft EU directive has been given a big boost by the MFA.
The Managed Funds Association, the premier U.S. hedge fund
lobbying group, is bankrolling a campaign by the Alternative
Investment Management Association, which is based in London, to
overturn parts of the European Commission's draft directive on
Alternative Investment Fund Managers. Officials at both
organizations confirmed the financial contribution made by MFA
members, but would not provide a figure. The MFA has raised a
ton of money in recent years and has stepped up its lobbying
efforts and the contribution to AIMA is...
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