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The Alternative Investments Compliance Association (“AICA”) is an alternative investment industry group that has two primary focused areas of activity:

(1) To serve as an advocacy group with federal, state and local (as applicable) regulatory bodies acting on behalf of its members and in the interests of its members’ advisory clients.

(2) Serve as an information sharing, distribution and facilitation group for its members focusing on the review of compliance and operational issues exclusively related to investment managers, investment advisors, sub-advisors, hedge funds, managed/separate accounts and funds of hedge funds.


Membership: Membership in the Alternative Investments Compliance Association is open to chief compliance officers, mid-level compliance professionals, hedge fund and fund of hedge fund managers, private equity firms, industry service providers and other senior executives within the alternative investments industries. Visit the membership page for more information.

Meetings: Open meetings of the association are held on a quarterly basis. Members can participate in meetings in person (typically in NYC) or via videoconference.

Board of Managers: The Board of Managers of AICA consists of 5 senior executives from various hedge fund, fund of fund and industry service providers. More information about the Board of Managers can be found below.

Bill Mulligan
Chairman of Board of Managers

Bill Mulligan is the CEO of HedgeOp Compliance, LLC.

Rachel Schatten
Board Member

Rachel Schatten is the U.S. General Counsel and Chief Compliance Officer of the Hardt Group.

Anne-Marie Kim
Board Member

Anne-Marie Kim is the General Counsel and Chief Compliance Officer of Anchorage Advisors, LLC.

Rinarisa Coronel-DeFronze
Board Member

Rinarisa Coronel-DeFronze is an Executive Vice President in HedgeOp Compliance, LLC.

Travis Pauley
Board Member

Travis Pauley is the General Counsel, Chief Compliance Officer and Portfolio Manager of Asset Based Lending at Old Hill Partners.


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