(HedgeCo.Net) The Alternative Investment Management Association (AIMA), the global representative body for alternative asset managers, is to establish a new volunteer network in Bermuda. AIMA members on the island will be represented by a new Executive Committee (ExCo). This ExCo and supporting committees will seek to boost membership and support the continued development of Bermuda’s alternative investment community.

The initiative is being chaired by Craig Bridgewater, a Managing Director of KPMG in Bermuda, who called for volunteers to join the ExCo and contribute to AIMA initiatives locally and globally at a launch event at the Bermuda National Gallery attended by around 85 professionals earlier this month.

Other speakers at the event included Dr. the Hon. Grant Gibbons, JP, MP, Bermuda’s Minister of Economic Development; Shauna MacKenzie, Director, Policy, Legal and Enforcement at the Bermuda Monetary Authority; and Sean Moran, Business Development Manager with the Bermuda Business Development Agency.

Mr Bridgewater said: “We look forward to AIMA Bermuda becoming the focal point and voice for the industry in Bermuda. We are keen to increase AIMA’s activities in Bermuda and will be organising events and creating working groups and committees to encourage participation and collaboration among local AIMA members and other industry partners.”