Michael Burns Succeeds Gary Ostoich as Chair
TORONTO, Sept. 2, 2014 /CNW/ - AIMA Canada, the National Group of the Alternative Investment Management Association (AIMA) in Canada, is pleased to announce the composition of its Board for 2014-2016. Michael Burns assumes the role of Chair, succeeding Gary Ostoich, a founding member of AIMA Canada who has served as Chair since 2009.
The following members have been elected to the Board for two year terms, effective September 1, 2014:
Chair: Michael Burns, Partner, Borden Ladner Gervais LLP
Deputy Chair: Paul Patterson, Vice President, Private Investment, Integrated Asset Management (IAM) Group
Legal Counsel: Tim Baron, Partner, Davies Ward Phillips and Vineberg LLP
Treasurer: Derek Hatoum, Partner, PricewaterhouseCoopers LLP
Additional Board Members:
Claude Perron, Chairman, Crystalline Management Inc.
Claire Van Wyk, Manager, Sales Support, Advisor Channel Sales, RBC Global Asset Management
James Burron, Chief Operating Officer, AIMA Canada
Michael Burns and Paul Patterson will also act as Directors of AIMA Canada for a term of two years.
In announcing the composition of the new Board, AIMA Canada Chair Michael Burns expressed gratitude to outgoing Chair Gary Ostoich, President, Spartan Fund Management, for his outstanding leadership of AIMA Canada since 2009 and welcomed new Board members Tim Baron, Derek Hatoum, Claire Van Wyk and Claude Perron.
Mr. Burns also expressed sincere appreciation to outgoing Board members Andrew Doman, CFO, Kinersis, and Chris Pitts, Partner, PricewaterhouseCoopers LLP, for their distinguished service and important contributions to AIMA Canada since its inception in 2003 and to continuing Board member Paul Patterson who assumes the position of Deputy Chair.
"I am very much looking forward to working with our new Board and the members of AIMA Canada over the next two years to expand AIMA Canada's contribution to the alternative investment industry, both in Canada and internationally, and making AIMA Canada a valuable resource for our members," Mr. Burns said.
About the Alternative Investment Management Association (AIMA)
AIMA is the hedge fund industry's global, not-for-profit trade association with over 1,400 corporate members in over 50 countries worldwide.
Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. They all benefit from AIMA's active influence in policy development, its leadership in industry initiatives, including education and sound practice manuals and its excellent reputation with regulators.
AIMA Canada, the Canada National Group of the Alternative Investment Management Association (AIMA), was formed in March 2003 to act as the voice of the alternative investment industry in Canada. AIMA Canada now has more than 110 corporate members. Additional information on AIMA Canada is available at canada.aima.org.
SOURCE: AIMA Canada
For further information: Media Contacts: AIMA Canada: James Burron, 416-453-0111, email@example.com; Francis Communications: Barry Francis, 416-876-3204, firstname.lastname@example.org