Brussels, Belgium — MFA issued the following statement on the Council of the European Union’s approval of the AIFMD agreement:
“MFA commends the Council of the European Union for its approval of the AIFMD agreement. This agreement guarantees EU investors have access to global expertise and European businesses have access to capital needed to expand, hire, and invest in research and development. AIFMD supports EU economic growth by ensuring that alternative asset managers and alternative investments can continue to play an essential role in EU capital markets and the portfolios of EU institutional investors, including pension funds. Today’s agreement allows for a more integrated, competitive, and efficient Capital Markets Union for the benefit of the EU economy and investors.” — MFA President and CEO Bryan Corbett
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 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 175 member fund managers, including traditional hedge funds, credit funds, and crossover funds, that collectively manage over €3 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.
