Everything is an alternative.
Next is here.

More than ever, investment professionals are recalibrating. Private markets are shifting. Risk is being redefined. The old playbooks don’t explain the new terrain.
The CAIA Charter equips you to navigate this shifting landscape. It’s a credential that earns trust. A mindset built for what’s next.
Everything is an alternative.
Next is here.

Today's private credit landscape spans direct lending, asset-based financing, and commercial real estate debt – offering diverse opportunities that can complement or replace traditional fixed income allocations.
In this new CAIA blog, Tony Davidow, CIMA®, Senior Alternatives Investment Strategist, and Priya Thakur, CFA, Analyst, at Franklin Templeton Institute, trace private credit's transformation from "last resort" to critical capital source.
Everything is an alternative.
Next is here.

China represents one of the largest economies in the world, a breeding ground for innovation, and an exciting capital market increasingly open to foreigners.
But recent policy swings and geopolitical events have called many items into question - is China investable? In our latest episode of Capital Decanted, we were joined by Ed Grefenstette, CEO and CIO, the Dietrich Foundation, to take a closer look.
Everything is an alternative.
Next is here.

Join CAIA’s Aaron Filbeck at ALTSCHI on July 14-15, 2025, in Chicago, an event that offers unparalleled access to the latest trends and insights in alternative investments. Aaron will moderate a panel, titled “Everything Is An Alternative – The Great Convergence.”
Everything is an alternative.
Next is here.

Shifting from 'alternative' to mainstream, we embrace diverse expertise and interdisciplinary knowledge essential for responsible capital allocation and client stewardship. Our pursuit is to prepare investors for a dynamic future, disrupting traditions, creating opportunities, and fostering long-term sustainability. Join us in shaping the future of investing. Next is here.
OUR
MISSION
CAIA Association seeks to improve investment and societal outcomes of capital allocation through professional education, transparency, and thought leadership across all investor alternatives in our industry.
CAIA Programs
Advance Your Career
Whether you need a deep, practical understanding of the world of alternative investments, a solid introduction, or data science skills for the future in finance, the CAIA Association offers a program for you.

The CAIA Charter
For client-focused fiduciaries who want to gain deep knowledge, demonstrated expertise, and credibility in alternative investments.

UniFi by CAIA™
Practical, relevant, affordable. The core concepts in alternative investments for you or your team, in a flexible, accessible format.
CAIA Members are Employed by Leading Industry Organizations
- FRANKLIN TEMPLETON
- VANGUARD
- BLACKROCK
- BLACKSTONE
- ARES MANAGEMENT
- WELLINGTON
- FIDELITY
- MERCER
- CALSTRS
- MORGAN STANLEY
- UBS
- MACQUARIE
- GIC
- PIMCO