Standards Board for Alternative Investments (SBAI)

The Standards Board for Alternative Investments (SBAI) is a not-for-profit, neutral standard-setting body for the global alternative investment industry. Originally established as the Hedge Fund Standards Board (HFSB) in 2008, its mission is to promote a framework of transparency, integrity, and good governance. The SBAI achieves this by setting the Alternative Investment Standards, which cover areas such as disclosure, valuation, risk management, governance, and shareholder conduct. It acts as an active alliance of alternative investment managers and institutional investors dedicated to advancing responsible practices and aligning interests to strengthen the industry and its reputation.