Clint Carlson has been appointed as a member of the Hedge Fund Standards Board (HFSB), the global standard-setting body for the hedge fund industry.
Carlson is the founder, president and chief investment officer of Carlson Capital, an alternatives asset management firm based in Texas.
According to the HFSB, the appointment reflects the increasing number of US managers supporting its Hedge Fund Standards. Calson Capital is among several US asset managers that have signed up to the standards this year, so far.
Carlson said: “I believe standards play a powerful role in our industry. Standardised practices, which are sound and ensure fair treatment of investors, strengthen our industry by increasing investor confidence and making investor due diligence and monitoring more efficient.”
Dame Amelia Fawcett, chair of the HFSB, said: “Clint Carlson’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.”
“We appreciate his willingness to serve as a trustee and look forward to benefiting from his experience, judgement and counsel as we continue our engagement in North America and globally to improve industry practices.”
Carlson founded Carlson Capital in 1993, and before this he worked at Bass Brothers and Maxxam Group. He is also a member of the board of overseers for the Jones School of Business at Rice University, and a board member of the Rice Management Company.
