MFA

Mark your calendars! MFA and iConnections will be co-hosting the world's largest conference for the alternative asset management industry from January 27-30, 2025 in Miami, Florida.   Global Alts '25 will convene over 6,000 attendees and feature nearly 200 speakers. This conference is set to be the premier event for the alternative asset management industry, offering authoritative content, networking opportunities, and a chance to connect with leading fund managers and allocators.   Stay tuned for more updates! MFA and iConnections look forward to welcoming you to Global Alts ‘25 next year. #GlobalAlts25

This week, I’m in London and Brussels with Jennifer Han and Rob Hailey. We’re meeting with MFA members and also discussing with policymakers how alternatives drive economic growth and innovation across the EU and UK. Alternative asset managers enhance the functioning of private and public markets and provide the capital businesses of all sizes need to hire, innovate, and succeed. MFA will continue advocating for targeted regulatory reforms that further unlock the economic potential both in the UK and EU by strengthening markets and increasing market participation.

The SEC Dealer Rule was vacated by the Court today—a significant victory for markets, fund managers, and investors, including pensions, foundations, and endowments. Read more: https://lnkd.in/gKMDxJxe

Foundations and nonprofit organizations across Nevada, such as the Andre Agassi Foundation for Education, invest in hedge funds to support local communities and mission-critical work. Learn more: https://lnkd.in/ejgapNDw

Congratulations to the MFA members recognized on the 50 Leading Women in Hedge Funds list! Your exceptional leadership, vision, and contributions are shaping the future of the alternative investment industry and inspiring the next generation of women leaders. Read more: https://lnkd.in/eWvm44aR

MFA issued a statement from Rob Hailey, Head of EMEA Government Affairs, in response to Chancellor Rachel Reeves’ Mansion House speech.   Read more: https://lnkd.in/e-zhJzBU

MFA wrote that it is eager to work with the Trump Administration to advance policies that support U.S. economic growth and the well-being of all Americans in a congratulatory letter to President Donald Trump. The letter offers the President MFA’s support in pursuing policies that strengthen capital markets, recognize the role of alternative asset managers in driving economic growth, and preserve tax policies that encourage long-term investment. Read more: https://lnkd.in/eHhaVbY9

Hello from Fort Worth! This morning I attended our oral arguments for MFA’s lawsuit against the SEC on the dealer definition. We were represented by Gene Scalia and the fabulous team at Gibson Dunn. We argued for the rule to be vacated as the SEC violated statutory authority, and was arbitrary and capricious in its rulemaking. The crypto trades in a parallel suit at today’s argument concurred. We feel confident that a decision will be reached in December and incredulous that the SEC is of the view that it needed to provide an exemption to the Federal Reserve in its rule - otherwise, the Fed could be a Dealer.

It has been a great start to this year’s SuperReturn North America and Private Credit. Wonderful to see so many familiar faces.

MFA submitted a supplemental comment letter to the SEC calling for major revisions to FICC's proposed Treasury clearing rules. The letter stresses that the proposal will harm capital markets, hinder U.S. economic competitiveness, and increase the cost of government borrowing.   Read more: https://lnkd.in/epk3ERjH