GRAND CAYMAN, Cayman Islands--()--Former Chairman of the Alternative Investment Management Association (AIMA) and hedge fund industry veteran, Todd Groome, joins the Highwater Group. As an addition to the specialist corporate governance team at Highwater, Mr. Groome contributes significantly to the depth of the firm’s director bench.
Mr. Groome has 28 years of experience in international financial markets, working in both public and private sectors and across geographies. As with Highwater founding partner Gary Linford, Mr. Groome has worked in the Americas, Europe and Asia, and is comfortable with the differing cultures and business practices of these regions.
Prior to his four years (2009 – 2012) as AIMA Chairman, where he represented the hedge fund industry globally, Mr. Groome was an advisor on financial markets to the International Monetary Fund (IMF) for over five years, was an investment banker for more than 13 years, and practiced law in Washington DC for five years. Most recently, he has been a Senior Advisor to Albourne Partners, and advised a start-up hedge fund during its successful launch in 2011. While at the IMF, he worked with G7 and G20 financial regulators and policy officials on hedge funds, private equity and related financial market issues. Mr. Groome has a law degree from University of Virginia, an MBA from London Business School, and an economics degree from Randolph-Macon College, and is a Visiting Scholar at Wharton Business School.
Mr. Linford welcomed Mr. Groome to Highwater: “I am thrilled that Todd has elected to join us and reinforce the confidence many have in the Highwater approach to corporate governance. We continue to add selectively to our small group of highly experienced individuals, and we are delighted that Highwater continues to attract such high calibre professionals as Todd”.
Highwater provides independent director services and other corporate governance services to hedge funds and global investment managers through the appointment of experienced, professional and truly independent directors. With a diverse portfolio of clients across the Americas, Europe and Asia, covering a wide variety of investment strategies, including hedge funds, fund of funds and private equity, Highwater’s success comes from the wide range of industry experience of its independent directors, including regulation, audit, investment allocation and fund due diligence, treasury and banking, fund administration and law. For more information on Highwater, its services and its principals in the Cayman Islands, Hong Kong and New York, visit www.highwater.ky.