Professional Standards and Ethics

• Professionalism
• Integrity of Capital Markets
• Duties to Clients
• Duties to Employers
• Investment Analysis, Recommendations, and Actions
• Conflicts of Interest

Introduction to Alternative Investments

• What Is an Alternative Investment?
• The Environment of Alternative Investments
• Quantitative Foundations
• Statistical Foundations
• Measures of Risk and Performance
• Foundations of Financial Economics
• Benchmarking and Performance Attribution
• Alpha, Beta, and Hypothesis Testing
• Regression, Multivariate, and Nonlinear Methods

Real Assets

• Natural Resources and Land
• Commodity Forward Pricing
• Commodities: Applications and Evidence
• Operationally-Intensive Real Assets
• Liquid and Fixed-Income Real Estate
• Real Estate Equity Investments

Hedge Funds

• Structure of the Hedge Fund Industry
• Macro and Managed Futures Funds
• Event-Driven Hedge Funds
• Relative Value Hedge Funds
• Equity Hedge Funds
• Funds of Hedge Funds

Private Equity

• Introduction to Private Equity
• Equity Types of Private Equity
• Debt Types of Private Equity

Structured Products

• Introduction to Structuring
• Credit Risk and Credit Derivatives
• CDO Structuring of Credit Risk
• Equity-Linked Structured Products

Risk Management and Portfolio Management

• Cases in Tail Events
• Investment Process, Operations, and Risk
• Due Diligence of Fund Managers
• Portfolio Management, Alpha, and Beta

Asset Allocation and Institutional Investors

• Asset Allocation Processes and the Mean-Variance Model
• Tactical Asset Allocation, Mean-Variance Extensions, Risk Budgeting, Risk Parity, and Factor Investing
• The Endowment Model
• Pension Fund Portfolio Management
• Sovereign Wealth Funds
• The Family Office Model

Private Equity

• Private Equity Market Structure
• Private Equity Benchmarking
• Fund Manager Selection and Monitoring
• Private Equity Operational Due Diligence
• Private Equity Investment Process and Portfolio Management
• Measuring Private Equity Risk
• The Management of Liquidity

Real Assets

• Real Estate as an Investment
• Real Estate Indices and Unsmoothing Techniques
• Investment Styles, Portfolio Allocation, and Real Estate Derivatives
• Listed Versus Unlisted Real Estate Investments
• International Real Estate Investments
• Infrastructure as an Investment
• Farmland and Timber Investments
• Investing in Intellectual Property

Commodities

• Key Concepts in Commodity Markets
• Allocation to Commodities
• Accessing Commodity Investment Products

Hedge Funds and Managed Futures

• Managed Futures
• Investing In CTAs
• Relative Value Strategies
• Hedge Funds - vs. : Directional Strategies
• Hedge Funds - vs. : Credit Strategies
• Volatility, Correlation, and Dispersion Products and Strategies
• Hedge Fund Replication
• Funds of Hedge Funds and Multi-Strategy Funds
• Hedge Fund Operational Due Diligence

Structured Products

• Regulation and Compliance
• Structured Products I - vs. : Fixed-income Derivatives and Asset-backed Securities
• Structured Products II - vs. : Insurance-Linked Products and Hybrid Securities