The THFA is a U.S.- based association of Hedge Fund industry participants and other interested parties.

The THFA membership is composed primarily of hedge fund managers and investment advisers, high net worth investors, institutional investors (pension funds, foundations, banks), fund of funds and industry service providers such as administrators, auditors and accountants, attorneys, third party marketers and others.

The THFA is governed by a board of directors. The board appoints an executive director and committee chairpersons in order to carry out most of the day to day operations and functions of the THFA.