The CHFA was created to provide a single resource for hedge fund managers and industry participants to stay updated on sound business practices, regulatory updates and industry growth, while also providing access to educational events and networking opportunities in California. The CHFA continues to develop events and seminars on a wide range of topics and soon will launch the "Members Only" section of the website. This new section will hold the member and organization directory and provide important resources shared by regulators, thought leaders and your fellow members.
Sheri Lejman, lead partner of Marcum LLP's Southern California's Alternative Investment practice, believes the hedge fund industry in California was in great need of a resource and organization that could foster and support the hedge fund community in a more formalized manner. "Chris Ainsworth, the President of California Hedge Fund Association, along with the current Board, has done a fantastic job of forming this strategic organization and promoting it within the alternatives community. Through the California Hedge Fund Association and the current launch of their website, the hedge fund industry in California not only has a voice in Washington and with other regulators, but is now also becoming recognized as a major hub of current and future talent in the hedge fund industry." Marcum services the hedge fund industry in California through offices in Los Angeles, San Diego, San Jose, Irvine and San Francisco.
Over 300 hedge fund managers, investors, and service providers attended CHFA's inaugural event, "Operating a Hedge Fund in the New Regulatory Environment," on November 10, 2010, at the Beverly Hilton in Los Angeles. Two successful events have followed, a CHFA networking reception at the Balboa Bay Club in Newport Beach on February 15, and a Manager Roundtable at the Beverly Wilshire in Beverly Hills on April 19.
As a benefit of being a Founders' Club Member, Marcum LLP will share their quarterly newsletter, the Private Investment Forum, via the Association's website as well as regularly contribute along with other Association members timely and relevant articles related to developments in the industry.