Former chairman of the Alternative Investment Management Association and hedge fund industry veteran Todd Groome has joined the Highwater Group.
As an addition to the specialist corporate governance team at Highwater, Mr. Groome contributes to the depth of the firm’s director bench, Highwater said in a news release.
Highwater founding partner Gary Linford said he is delighted that the firm, which provides independent director and governance services to hedge funds and global investment managers, is able to attract high calibre professionals.
“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,” Mr. Linford said.
Mr. Groome has 28 years of experience in international financial markets, working in both the public and private sector.
Prior to his four years as association chairman from 2009 to 2012, where he represented the hedge fund industry globally, Mr. Groome was an adviser on financial markets to the International Monetary Fund for more than five years, an investment banker for more than 13 years and he also practiced law in Washington, DC for five years.
Most recently, he has been a senior adviser 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 the University of Virginia, an MBA from the London Business School and an economics degree from Randolph-Macon College. He is also a Visiting Scholar at Wharton Business School.