Hedge Funds

MFA elects three new directors


The Managed Funds Association - the trade group representing hedge funds, funds of funds and managed futures funds - has appointed three new members to its board of directors, re-elected four others and named as its chairman Robert Aaron, the chief executive officer of DPM Mellon.

The three new directors, elected by MFA's membership for a two-year term, are: Sean Simon, managing director, Ivy Asset Management; Sarah Street, chief executive officer, XL Capital Investment Partners; and Eric Vincent, COO and general counsel, Ospraie Management.

In addition, four incumbent directors were re-elected for a second two-year term. These are: Scott Bernstein,