The Alternative Investment Management Association (Aima) has appointed three new directors to its governing body, the global council.

The three directors are Simon Lorne, vice-chairman and chief legal officer of Millennium Management, Tim O’Brien, partner, general counsel and CCO of Pine River Capital Management, and Stuart Fiertz, president and co-founder of Cheyne Capital Management.

Kathy Casey, AIima chair, said: “We are most fortunate to add three enormously experienced and well-qualified directors to our council. I would like to personally thank Stuart, Simon and Tim for volunteering to serve on the board. Their commitment and contribution to Aima is tremendously appreciated and their appointments underscore Aima’s leadership of the industry and the strength of its global network.”

The council is comprised of members from across Asia Pacific, Emea and the Americas.

Jack Inglis, Aima’s CEO, said: “Adding these new manager representatives strengthens our governance yet further. The combined experience and skills of our full council are invaluable to me in guiding our global mandate in support of our members in the hedge fund industry.

"As ever, we are most grateful for all the efforts of those who volunteer their time, not only at Council level, but also within our many committees and working groups internationally.”