ALTERNATIVE INVESTMENT NEWS

AMHERST, MASS, February 6, 2009—The CAIA Association, the global educational association for alternative investment practitioners, announced today the opening of their new Amherst, Massachusetts headquarters, as well as their first satellite office in Surrey, UK. "The market environment is evolving rapidly, and with it the need for...
The CAIA Association is pleased to introduce the CAIA member Class of September 2008. Over 650 CAIA candidates successfully completed the Level II exams in March and joined the CAIA membership ranks as official CAIA designees. Our most sincere congratulations to all. Class of September 2008
A recent members-lunch hosted by the Chartered Alternative Investment Analyst (CAIA) Association featured a presentation by the managing director of one of India's largest private equity and real estate investment firms.  That got us wondering about the state of the alternative investment industry in the world's largest democracy.  So we...
January 8, 2009: (Amherst, MA. USA) - The CAIA Association today named a series of new staff appointments to help support the association's programs and initiatives. The new appointments include Hossein Kazemi, Tom Porter and Bert Cliche. Dr. Hossein Kazemi Ph. D. CFA has been named the Managing Director for the CAIA Program. He will be...
Critics of hedge funds often argue that industry growth has had two negative side-effects: firstly, that less-skilled managers have been attracted to the sector and second, that the number of alpha-generating opportunities has not kept pace with asset inflows.  Assuming these are true, then it could be argued that recent industry shrinkage...
AUCKLAND, NEW ZEALAND; December 15, 2008 - The New Zealand Absolute Return Association (NZARA) today announced their endorsement of the Chartered Alternative Investment Analyst (CAIA) designation. Said NZARA's Chairman, Anthony Limbrick - "NZARA's endorsement of the CAIA designation is further evidence of our ongoing commitment to encouraging...
Response by Sally M. Stalcup, president of Stalcup Consulting, which provides strategic consulting services to financial services companies.   Q: How does this financial crisis impact the validity of the CAIA (Chartered Alternative Investment Analyst) credential? Managed Account Professional, Third-Party Platform Provider, Northeast Firm...
The future will (not 'may') hold many surprises, and some could make a huge difference to our world view.  However, here are our thoughts on how the hedge fund world may pan out over the next 2-3 years. In summary, the hedge fund world will (i) see higher returns (ii) see strong new manager formation (iii) be dominated by small boutique...
  Today hedge fund titans Philip Falcone, Kenneth Griffin, John Paulson, James Simons and George Soros will speak before the House Committee on Oversight and Government Reform. Tim Lind, Managing Director at post-trade, pre-settlement services provider Omgeo was recently given the chance to defend the industry in a panel discussion at SIBOS...
London, 5 November 2008: The Alternative Investment Management Association ("AIMA") announced today that it has published the world's first collaborative educational guide for institutional hedge fund investors. AIMA's Roadmap to Hedge Funds has been authored by Alexander Ineichen, Senior Investment Officer at UBS Global Asset Management's...
As Andrew Lo said at a major hedge fund conference in Boston last week, humans have a bad habit of confusing "very low probability" with "no probability". While this heuristic might help us from becoming a bunch of paranoid freaks, it can clearly be dangerous if the "low probability" event is catastrophic. Enter catastrophe bonds. In our series...
[Original interview in German]   Since its inception in 2002, the Chartered Alternative Investment Analyst (CAIA) Association has grown rapidly.  In 2008 alone more than 6,700 people have passed through the global standardized testing program, which demands a deep knowledge of the areas of hedge funds and private equity. With that the...
[Original interview in Spanish]  Alternative investors are convinced that from now on their work will take place in a new, much more controlled environment. "The risk now is that legislators will react to a crisis without analyzing the consequences, which was the case with the Sarbanes-Oxley Act in the United States. The key is to protect the...
"Pension Buyouts", posted October 5 on AllAboutAlpha.com Bob Swarup, CAIA, Partner, Pension Corporation Over the past 2 years, a revolution has been quietly brewing.  Rather than using portable alpha or liability-driven investing some pension plans are throwing in the towel entirely and off-loading their funds to third parties.  One...
AMHERST, MASS, October 1, 2008 - The Chartered Alternative Investment Analyst Association® (CAIAA)-an independent, not-for-profit international organization that provides a charter program for professionals in alternative investments-has opened registration for the March 2009 CAIA Level I and Level II examinations. Since its inception in 2002,...