By Hilary Wiek, CAIA CFA, Principal Analyst, Fund Strategies, PitchBook Private markets are rapidly expanding into portfolios of investors previously excluded due to income or wealth restrictions. Asset managers, seeing a decline in institutional investors willing to grow commitments to private markets, are adapting — creating products with lower minimums, immediate investment ability, and […]
By Stylianos Kampakis PhD, CEO, Tesseract Academy In this CAIA mini-course, we introduce the work of Stylianos Kampakis PhD, CEO of Tesseract Academy, and member of the Quantum Finance Boardroom. Each installment of this series will present a new chapter in Dr. Kampakis’ work on real estate tokenization. Technology Platforms & Stack Choices […]
By Stylianos Kampakis PhD, CEO, Tesseract Academy In this CAIA mini-course, we introduce the work of Stylianos Kampakis PhD, CEO of Tesseract Academy, and member of the Quantum Finance Boardroom. Each installment of this series will present a new chapter in Dr. Kampakis’ work on real estate tokenization. Legal & Regulatory Map (high‑level […]
By Adele Kohler, CFA, Managing Director, Americas, CAIA Association The vehicles designed to broaden access to private markets are now being tested against the practical realities of the liquidity they offer. In the first quarter of 2026, a concentration of retail redemptions across several large business development companies (BDCs) and interval fund structures […]
By Georgina Tzanetos, Director, Content, CAIA Association The headlines have been breathless. The $2.02 trillion private credit market, we are told, is in freefall, and depending on which outlet you read, we are either on the precipice of systemic collapse or watching the first act of a slow-motion replay of 2008. Neither is […]
By Steve Novakovic, CAIA, CFA, Managing Director of Educational Programs, CAIA Association Artificial intelligence may not yet be fully woven into our daily lives, but conversations about AI seem to be a regular occurrence. Particularly common topics include: Who will lose their jobs to AI, and how many? What must organizations do to […]
By CAIA Association’s Leadership Team On March 30, 2026, the Department of Labor proposed a rule that would establish a formal safe harbor for plan fiduciaries who choose to include alternative investments – private equity, private credit, real estate, and digital assets – in 401(k) and defined contribution plan menus. The proposal is […]
By Laura Merlini, CAIA, CIFD, Managing Director, EMEA, CAIA Association Aesop offers a surprisingly modern lesson for global finance in the fable of The Fox and the Stork. The fox invites the stork to dinner and serves soup in a wide, flat dish. He laps it up easily, while the stork, with her […]
By Nick Pollard, Managing Director, APAC at CAIA Association In today’s fractured geopolitical landscape, boards across Asia-Pacific (APAC) face a profound challenge: how to move beyond short-term profit maximization and embrace stewardship that balances growth with resilience. The region’s dynamism—marked by rapid technological adoption, demographic shifts, and economic interdependence—sits uneasily alongside rising protectionism, […]
By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Content & Community Strategy, CAIA Association Something has felt different over the past few years. Maybe you noticed it sitting in an investment committee meeting or reading through a manager update. Or maybe just in the way conversations inside your own firm have quietly […]