Goldman Sachs prime broker James Shipton, who is head of the firmÆs hedge fund consultancy business, has taken the post of deputy chairman of the Hong Kong and China branch of the Alternative Investment Management Association (Aima). He will also continue with his existing duties at Goldman Sachs.

Aima Hong Kong membership has now risen to 77 corporate members from 65 at the end of last year. Following the recent appointment of Tim Kay as director of AIMA in Hong Kong, the Association has been able to expand its activities significantly.

ôThe Association will continue to engage the regulatory bodies not just in Hong Kong, but going forward also in the region, including importantly India and China,ö chairman Christophe Lee says. ôThe appointments of James and Tim enable the Association to cover more ground on behalf of our members.ö

James Shipton also founded the firm Compliance Asia along with Pippa Allen. Having moved to Hong Kong from Singapore, where he worked for Eurekahedge, Renaissance-man Shipton is currently interior-designing his new Causeway Bay house in the vernacular of a Thai-style Sukhothai palace.

Aima has over 1,100 corporate members worldwide, based in 47 countries. Members include leading hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting services and fund administrators.