The Hedge Fund Association, an international organization that represents investors, hedge funds and service providers, today announced that it has appointed Don Steinbrugge, chairman of Agecroft Partners, to its board of directors. Mr. Steinbrugge will join the segment of the group’s board which represents the interests of hedge fund investors. The HFA also selected Joel Schwab, managing director of Hedge Fund Research (HFR) to be its new Midwest chapter director and Kislay (Sal) Shah of McGladrey to fill the newly created role of Connecticut chapter director. Mr. Shah also continues to serve on HFA’s board of directors representing the interests of hedge fund service providers.
Mr. Steinbrugge is the chairman and founder of Agecroft Partners, an award-winning hedge fund consulting and marketing firm, and has had a distinguished 27-year career in institutional investment management sales. Prior to forming Agecroft Partners, he was the head of sales and a founding principal of Andor Capital Management, which at the time ranked as the 2nd largest hedge fund in the world. Prior to that, he also held the roles as head of institutional sales for Merrill Lynch Investment Managers (now part of Blackrock) and head of institutional sales for NationsBank (now Bank of America Capital Management). Steinbrugge is also member of the investment committee for The City of Richmond Retirement System and The Science Museum of Virginia Endowment Fund, which gives him valuable insights into institutional investors’ decision making processes.