Robert A. Aaron, CEO of DPM Mellon, was elected chairman of the Managed Funds Association, the major lobbying group of the U.S. hedge fund industry. Mr. Aaron replaces Adam Cooper, senior managing director and general counsel of Citadel Investment Group. Three new MFA directors were elected: Sean Simon, managing director of Ivy Asset Management; Sarah E. Street, CEO of XL Capital Investment Partners; and Eric Vincent, COO and general counsel at Osparie Management. Re-elected to two-year terms on the board were Mr. Cooper; Scott Bernstein, general counsel at Caxton Associates; John M. Kelly, president and CEO of Man Investment Products; and Michael C. Neus, general counsel at Perry Capital.
Mark Howard Carter joined buyout firm TA Associates as a vice president in its health care group, a new position. Mr. Carter was a senior associate at Parthenon Capital. He has not been replaced, said Nanette Sorich, spokeswoman for Parthenon.