Managed Funds Association appoints chairman

The Managed Funds Association, the leading US lobby group for the hedge fund business, has appointed Adam Cooper from Citadel Investment Group as its new chairman.

Cooper was elected to the board in September, and had served as an appointed director of the trade association since November 2000. He succeeds Samuel Weiser, founder of Chicago-based hedge fund consultancy, Foxdale Management.Cooper is a senior managing director and general counsel at Chicago-based Citadel.

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