The Hedge Fund Standards Board (HFSB) has appointed Clint Carlson to join its board after an increase in the number of US managers supporting the group’s Hedge Fund Standards.

Carlson, who founded Texas-based alternative asset management firm Carlson Capital in 1993, joins the board amidst an increase in US signatories in 2016, a rise which includes his own firm.

New members that have joined the standards board in 2016 include Alyeska Investment Group, BCK Capital, MKP Capital Management, and ROW Asset Management, alongside Carlson Capital.

The HFSB was formed in early 2008 to provide industry reviewed standards of good practice for fund managers and now includes over 120 members managing more than $800bn in assets, with more than half of the signatories based in North America.

The HFSB’s chair, Amelia Fawcett, said: “Clint’s years of broad experience and proven business leadership in the asset management industry, particularly in the US, will add a valuable perspective to the Board, and his appointment demonstrates again the value of the Standards for the North American hedge fund community.”