BusinessWeek – The world’s largest hedge-fund advocacy group has named a former U.S. Securities and Exchange Commission official its chairman as the $2.1 trillion industry grapples with increased regulation.
Kathleen Casey, who stepped down as a Republican SEC commissioner last year, was appointed non-executive chairman of the Alternative Investment Management Association, the London- based lobbying group said in an e-mailed statement yesterday. She replaces Todd Groome, a former Deutsche Bank AG (DBK) executive and adviser to the International Monetary Fund, whose term expired.
