Washington, D.C. — MFA issued the following statement from President and CEO, Bryan Corbett, congratulating Treasury Secretary Scott Bessent on his confirmation.
“MFA congratulates Secretary Scott Bessent on his confirmation to lead the U.S. Treasury Department. Secretary Bessent’s depth of professional experience in capital markets will be beneficial to the economy, the Trump Administration, and the American people. MFA and our members support efforts to make markets more resilient, including by embracing the positive role of alternative asset managers. MFA looks forward to working with Secretary Bessent and the entire Trump Administration on policies that benefit all Americans, strengthen capital markets, and drive economic growth.” — Bryan Corbett, MFA President and CEO
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About the global alternative asset management industry
The global alternative asset management industry — including hedge funds, private credit funds, and hybrid funds — serves thousands of public and private pension funds, charitable endowments, foundations, and other global institutional investors. The industry provides portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets throughout the economic cycle.
About MFA
Managed Funds Association (MFA), based in Washington, D.C., New York City, Brussels, and London, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest it, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 180 fund manager members, including traditional hedge funds, private credit funds, and hybrid funds, that employ a diverse set of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors diversify their investments, manage risk, and generate attractive returns throughout the economic cycle.
