AMHERST, MASS, March 26, 2009 - The Chartered Alternative Investment Analyst (CAIA) Association^® announced today the launch of its 9^th and newest chapter in Boston Massachusetts.

"The demand for a Boston chapter of the CAIA Association is strong, and reflects our members' interest in expanding their knowledge of the alternative investment industry while gaining access to professional development opportunities." said Maia Porter, director of Member Services for the CAIA Association. "The Boston membership has been very proactive in developing educational initiatives and we are pleased to support their efforts through the launch of this CAIA chapter."

Boston chapter president, Peter Chiappinelli, CFA, CAIA of Pyramis Global Advisors stated, "Clearly, the launch of the CAIA Boston chapter crystallizes the fact that Boston is a hub of both traditional and alternative investment firms and talent, from private equity to long-short equity, to hedge funds, commodities, timber, volatility strategies, and I could go on and on.  The 100-plus members are incredibly energized by this launch. And as the role of alternatives is analyzed in the current environment, CAIA Boston will be a resource, voice, and forum for this healthy debate."  

The March 26 chapter launch featured Mark Yusko, President and CIO of Morgan Creek Capital Management, LLC discussing "The Great Repression - Dealing with the Aftermath of the Credit Crisis."

CAIA chapters began forming during 2005 in financial centers around the globe, furthering the opportunity for members to strengthen professional contacts, enhance industry knowledge, keep apprised of new Alternative Investment developments, and provide a powerful voice in determining the future direction of the Association.

This latest chapter joins Canada, Chicago, Iberia, London, New York, San Francisco, Singapore, and Switzerland.

More information on the CAIA Association chapters can be found at www.caia.org.