Washington, D.C. – MFA President and CEO, Bryan Corbett issued the following statement to congratulate the winners of the 2024 U.S. elections:
“MFA congratulates President-elect Donald Trump, Vice President-elect J.D. Vance, and all incoming members of Congress on their recent election victories. The alternative asset management industry provides capital to businesses of all sizes, drives economic growth, and delivers returns and diversification to pensions, foundations, and endowments across America. MFA and our members look forward to working with the new Administration and both chambers of Congress to ensure that U.S. capital markets continue to benefit all Americans by driving economic growth, job creation, and innovation.” – Bryan Corbett, MFA President and CEO
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About the global alternative asset management industry
The global alternative asset management industry, including hedge funds, credit funds, and crossover funds, has assets under management of $5.5 trillion (Q3 2023). The industry serves thousands of public and private pension funds, charitable endowments, foundations, sovereign governments, and other global institutional investors by providing portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets.
About MFA
Managed Funds Association (MFA), based in Washington, DC, New York, Brussels, and London, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 180 member fund managers, including traditional hedge funds, credit funds, and crossover funds, that collectively manage over $3.2 trillion across a diverse group of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors to diversify their investments, manage risk, and generate attractive returns over time.
