Washington, D.C. — MFA announced Ron Alquist as Managing Director, Research today. Alquist is based in New York and will build and lead MFA’s research function to educate the public, advance policy discussions, and inform MFA’s global advocacy. “Ron’s extensive experience in the alternative asset management industry and government will bolster MFA’s global advocacy efforts,” said Bryan Corbett, MFA President and CEO. “He will leverage data to demonstrate how markets, investors, and businesses across the globe benefit from the alternative asset management industry.” “Our research will enhance ..read more

Brussels, EU – MFA urged the Financial Stability Board (FSB) against issuing prescriptive, “one-size-fits-all” nonbank liquidity risk management recommendations in a comment letter submitted today. Additional liquidity risk management recommendations are unnecessary given the current regulatory frameworks for exchanges, banks, and nonbanks. The recommendations are in response to the FSB’s consultation report on liquidity preparedness for margin and collateral calls. MFA supports strong collateral and margin liquidity risk management for nonbanks. However, the recommendations from FSB ..read more

Washington, D.C. — MFA’s President and CEO, Bryan Corbett, issued the following statement in response to the Committee on Homeland Security & Governmental Affairs’ AI report: “Alternative asset managers use technology to generate returns throughout the economic cycle for their investors, including pensions, foundations, and endowments. This partisan report fails to recognize long-accepted current market practices which serve investors and enhance market efficiency. It does not accurately portray how the alternative asset management industry uses emerging technologies like AI. The ove ..read more

Global Alts 2025 Expands to Miami Beach Convention Center with Storied Organizations Expected to Attract Over 6,000 Fund Manager, Allocator, and Service Provider Attendees June 12, 2024, New York & Washington, D.C. – iConnections, the leading financial technology platform connecting asset allocators and investment managers, and MFA, the trade association representing the global alternative asset management industry, today announced a multi-year partnership that combines iConnections Global Alts and MFA Network Miami to create the world’s largest and most comprehensive alternative in ..read more

Private credit provides over $1 trillion in capital to businesses of all sizes helping them hire talent, invest in costly projects, purchase equipment, build facilities, and innovate. New data shows capital provided by private credit funds increased by 40% in 2023 compared to 2022.   This tremendous growth has led some to ask whether private credit poses systemic risks to the financial system. Here are the facts from three Federal Reserve officials:  On May 8, Federal Reserve Governor Lisa Cook remarked that, “Private credit funds appear well positioned to hold the riskiest pa ..read more

London, UK – MFA, the trade association for the global alternative asset management industry, today announced Rob Hailey as Managing Director, Head of Europe, Middle East and Africa (EMEA) Government Affairs. Hailey is based in the UK and will lead MFA’s London and Brussels offices. Additionally, he will oversee MFA advocacy in the Middle East.  “Rob will be a tremendous asset for MFA advocacy in the UK, EU, and Middle East,” said Bryan Corbett, MFA President and CEO. “I know that Rob’s decades of experience in financial services will enable him to build on the success MFA has already ha ..read more

Washington, D.C. — MFA President and CEO Bryan Corbett issued the following statement after the Fifth Circuit Court of Appeals vacated the Private Fund Adviser Rule: “Today’s ruling is a significant victory for markets, fund managers, and investors, including pensions, foundations, and endowments. The court affirmed that the SEC cannot expand its authority beyond what Congress intended. Unfortunately, this is just one instance of SEC overreach as it looks to push through the most aggressive agenda in decades. MFA will continue to work constructively with the SEC to help improve its rushed ..read more

Flores: “Restricting the use of non-competes in the alternative asset management industry will harm the returns generated for investors, including pensions, foundations, and endowments” London UK – MFA recommended that Treasury’s Competition Taskforce study how non-competes are used in specific industries before reaching any policy prescription in a comment letter submitted last week. The letter emphasises how non-compete agreements benefit investors and employees working in the alternative asset management industry. The recommendation is in response to the Australian Government’s request for ..read more

DFSA proposal will allow Dubai-based investment adviser to manage credit funds domiciled abroad  Washington, D.C. — MFA supported the Dubai Financial Services Authority (DFSA) proposal to allow Dubai-based fund managers to oversee credit funds domiciled abroad in a comment letter submitted today. The comment letter is in response to a Consultation Paper and is related to the Credit Funds Call for Evidence MFA responded to earlier this month. “Expanding the types of funds a Dubai-based investment adviser can manage will enhance the region’s attractiveness as a global f ..read more

Corbett: “Improving private credit regulations will unlock billions of dollars in capital to businesses of all sizes, and benefit investors in private credit funds” Washington, D.C. — MFA supports the Dubai Financial Services Authority (DFSA) right sizing its regulation of private credits funds and recommends improvements to the DFSA private credit funds regulatory regime in a comment letter submitted today. The letter is in response to DFSA’s Private Credit Funds Call for Evidence.  In the letter, MFA encourages DFSA to harmonise its regulations with other global regulatory bodies to fo ..read more