The chief executive officer of London based Alternative Investment Management Association (AIMA), a global hedge fund association, Andrew Baker, has decided to step down from the role at end of 2013.
Baker plans to leave the firm as European regulators implement the AIMA Directive, which lays out disclosure and fundraising requirements for hedge funds across the region.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
AIMA has started the search for a successor and Baker will stay on as CEO until his successor is appointed.
Baker has led AIMA as CEO since 2009 and previously been Deputy CEO since 2007.
Earlier to this, Baker worked as chief operating officer of Schroders’ alternative investments unit and also worked at Gartmore Group and UBS Asset Management.
Baker said: "We have significantly expanded our activities on behalf of the industry globally, particularly in the fields of regulatory, press and investor engagement, and are in robust financial and organisational health."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
