Newport Beach Women-Owned Fund of Hedge Funds and Business Leader Participates in White House Forum on Jobs and American Economic Competitiveness

WASHINGTON, Nov. 28, 2011 /PRNewswire/ -- Kimberly Mounts, Managing Partner of MAP Alternative Asset Management Company, a women-owned Fixed Income Fund of Hedge Funds, was one of 120 business leaders who participated in a White House Business Leaders' Forum recently in Washington, DC. The forum brought together CEO's, senior executives, investors, venture capitalists and small business owners for a chance to share data, ask questions and raise concerns over how to create jobs and improve America's economic competitiveness.

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Senior officials, including White House Senior Advisor Valerie Jarrett, NEC Director Gene Sperling, Commerce Secretary John Bryson, Deputy Chief of Staff Nancy Ann DeParle, and Federal CTO Aneesh Chopra participated in briefings that covered a range of business issues, from regulatory reform to exports, tax reform and the American Jobs Act 

"Seven out of 10 participants were CEOs and Presidents – and nearly all of them called for dramatic, bipartisan action to address long-term deficits and expressed a desire to create more jobs – but few of them have ever had the opportunity to share their experience and expertise with White House officials here in Washington," said Jim Doyle, president of Business Forward. "If more local business leaders get involved, we have a better chance at meaningful, pro-growth reform."

Ms. Mounts was privileged to attend the White House Business Leaders' Forum not only as a women-owned business, but also as the only Hedge Fund representative at the event.  Kimberly Mounts stated, "The access to Senior Administration Officials and the ability to engage in a meaningful dialogue at the White House is truly a once in a lifetime event.  The sheer determination of President Obama's Administration to work with businesses in moving our Country forward, despite a solid roadblock in Congress, is truly admirable.   The White House Business Council and Business Forward are phenomenal organizations, with diverse and numerous programs, dedicated to furthering small businesses and creating jobs throughout the Country. 

About Business Forward

More than 100 senior Obama Administration officials have participated in Business Forward programming, which is now active in more than 40 cities and has included briefings with thousands of local business leaders. Business Forward counts more than 30 of America's most respected companies among its Founding and National members, including Aetna, Alcoa, American Airlines, AT&T, Bank of New York Mellon, CIT, Citi, Comcast, Dow, Duke, Facebook, Fidelity, Ford, Hilton, HP, Intuit, KPMG, Lockheed, McDonalds, Microsoft, Nike, Qualcomm, Shell, T-Mobile, Time Warner, Time Warner Cable, Verizon, Visa and Wal-Mart. For more information on Business Forward please contact Britney Sussman at 202-861-1288 or via e-mail [email protected]. You can also find more information on Business Forward on the web: http://www.businessfwd.org.

About MAP Alternative Asset Management Company

MAP Alternative Asset Management Company is a women-owned Fixed Income Fund of Hedge Funds and SEC Registered Investment Advisor with Assets under Advisement in excess of $25 Billion.  MAP has recently been retained by one of the Nation's Largest Public Pensions as a Consultant on their Hedge Fund Portfolio and was a finalist for the $6 Billion Chicago Teachers' Pension Emerging Manager Fund of Hedge Funds mandate.  MAP is also advising Fortune 50 Corporate Pensions on their Fixed Income and Fixed Income Hedge Fund Portfolios.  Founded in 2006, by Ms. Kimberly Mounts, who previously held positions at Goldman Sachs and Morgan Stanley as a Fixed Income Derivative Product Specialist in New York City, MAP is located in Newport Beach, California.  For more information on MAP Alternative Asset Management Company, visit www.maamco.com or contact Andrea Drexelius at (949) 287.0125 or via e-mail at [email protected].

CONTACT:  BRITNEY SUSSMAN
[email protected]
202-861-1288

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SOURCE MAP Alternative Asset Management Company