Podcast Episode 11: A Conversation on Leadership Transition and the Future of Alternative Investments

The Board of Trustees of the SBAI announced that Jane Buchan, a current SBAI Trustee and CEO of Martlet Asset Management, will succeed Mario Therrien as Chair of the SBAI, who is stepping down on 31 January 2025 after four years leading the organisation. Jane will assume her new responsibilities on 1 February 2025.

Our initial assessment of the SEC's Private Fund Adviser Rule[1] is that while there is less prohibition and more disclosure, it remains overly prescriptive. While some controversial aspects in the original proposal have been modified, the rules will bring significant changes to the regulation of Private Fund Advisers that may still fail to address the root of governance failures.

Thomas Deinet, SBAI Executive Director, joins William Kelly, CEO of CAIA, to discuss the fascinating journey of the SBAI and its mission to establish industry-wide standards. He also explores the pressure faced by the hedge fund industry during the financial crisis and the importance of transparency and collaboration in improving industry practices.