Swartz appointed to hedge fund board
Mick Swartz, associate professor of clinical finance and business economics at the USC Marshall School of Business, was selected as a board member of the California Hedge Fund Association (CHFA). The association, a thought leader in the field, represents many hedge fund firms in the state, with an overall goal of educating investors and the public about hedge funds and the industry.
“Finance is important enough in people’s lives that people need to have some basic understanding of certain things,” Swartz said. “During a financial crisis people are more interested and want a quick answer, a quick solution, but you really need to educate people in society so that they make good decisions.”
Swartz has a long-standing commitment to education as a respected professor and through his involvement with hedge fund groups, particularly as chapter executive and founding member of the Los Angeles branch of the Chartered Alternative Investment Association. Based in Boston, the association has the goal of educating employees about alternative asset companies, such as hedge funds and private equity.
Swartz was known for his work with the organization and was approached to take a two-year board appointment with the CHFA.
“I hope to educate people in the area about the strategies that hedge funds use and to try to have a thoughtful platform for the government to think about policy that affects these kinds of funds,” Swartz said. “People don’t understand the role of many funds, and the funds have many different roles in the economy.”