NEW YORK, NY and AMHERST, Mass., September 25, 2012 — 100 Women in Hedge Funds (100WHF), Pacific Alternative Asset Management Company, LLC (PAAMCO), and the Chartered Alternative Investment Analyst (CAIA) Foundation today announced the 10 recipients of the second annual 100WHF/CAIA Scholarships.
The scholarship program, administered by the CAIA Foundation, was established in collaboration with the 100 Women in Hedge Funds Institute and is underwritten by PAAMCO to support women seeking to earn the CAIA Charter, the enchmark in alternative investment education. Each scholarship covers enrollment and registration fees for CAIA Level I and Level II exams, the CAIA Knowledge Series textbooks, the Schweser CAIA Level I Premium Instruction Study Solution, and a one-year membership in the CAIA Association, a value of more than $5,000.
“At 100WHF, we strive to create opportunities to improve the alternative investment industry through professional leverage initiatives and educational programming,” said Mimi Drake, Chair of the 100WHF Association Board, and President of Permit Capital Advisors. “We are very excited to welcome these new scholars and look forward to watching them achieve greater professional success.”
Judy Posnikoff, a founding partner at independent alternative investment firm PAAMCO, added, “We are pleased to support the next group of extremely talented women in their journey to further develop their knowledge in the alternative investment industry through CAIA’s rigorous program.”
The scholarship program was established last year by 100WHF through the 100WHF Institute. 100WHF is a leading non-profit organization that seeks to enhance the alternatives industry through educational programming, professional leverage, and philanthropic initiatives.
“For the second year in a row, 100WHF and PAAMCO have demonstrated their commitment to broadening talent in the alternative investment industry through the CAIA Foundation scholarships,” said Thomas A. Porter, President of the CAIA Foundation. “We also want to recognize the continuing support of John Wiley & Sons, Inc., Kaplan Schweser, and Institutional Investor in helping these scholars achieve their goal of earning the CAIA Charter.” As publisher of the CAIA Knowledge Series, Wiley donates the books to the scholarship recipients.
The scholarship is open to individuals with an interest in pursuing a career in alternative investment management, with a specific focus on portfolio management. The program will award 10 scholarships each year through 2015.
To be considered for the 100WHF/CAIA Scholarship, applicants must be full members of 100WHF, not be eligible for program reimbursement by their employers, and have one year of professional experience in the alternative investment industry.
The 2012 100WHF/CAIA Scholarship recipients are as follows:
Karla Canavan, Head of Distribution and Financial Structures, Bunge; Geneva, Switzerland
Candace Chandra, AQEX LLC; Washington, D.C., USA
Yuh-Ning Chen, President/Founder, Chenwu Capital Management; Saratoga, CA
Marvena Edmond, Senior Associate, Advisory Asset Management, Ernst & Young; New York, NY
Jacqueline Hayot, Chief Operating Officer, Iron Harbor Capital Management; Brooklyn, NY
Majlinda Kamberi, Research Analyst, Larch Lane Advisors; New York, NY
Swati Olebe, Student, MIT; New Paltz, NY
Nimisha Patel, Sr. Research Analyst, Segal Rogers Casey; New York, NY
Veronica Wong, Director, Moon Capital Management; New York, NY
Tomoko Yano, Senior Analyst, MCP Asset Management Co., LTD; Hong Kong
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About 100 Women in Hedge Funds
100 Women in Hedge Funds is a global, practitioner-driven non-profit organization serving over 10,000 alternative investment management investors and professionals through educational, professional leverage and philanthropic initiatives. Formed in 2001, 100 Women in Hedge Funds has hosted more than 250 events globally, connected more than 250 senior women through Peer Advisory Groups and raised close to $20 million for philanthropic causes in the areas of women's health, education and mentoring. For more information about 100 Women in Hedge Funds, please visit www.100womeninhedgefunds.org.
About CAIA Association and CAIA Foundation
The Chartered Alternative Investment Analyst Association® is the global benchmark for alternative investment education. It grants the CAIA Charter upon successful completion of two levels of qualifying exams combined with relevant professional experience; sponsors research and publications; connects alternative investments experts around the world; and advocates for the highest standards in professional conduct. The CAIA Association has more than 5,700 members in 80 countries and 15 affiliated chapters. More information can be found at CAIA.org . The CAIA Foundation partners with industry-leading organizations to increase knowledge and talent in the field of alternative investments. The Foundation’s website is http://foundation.caia.org.
About PAAMCO
Pacific Alternative Asset Management Company is a hedge fund of funds dedicated to offering strategic investment solutions to large, sophisticated institutional investors. Based in Irvine, California, PAAMCO was started in March 2000, has a global headcount of 132, and offices in London and Singapore. The firm's portfolio management team has both a strong academic background and years of experience in working with institutions and analyzing and creating multi-strategy portfolios of hedge funds.
About Kaplan Schweser
Kaplan Schweser, a division of Kaplan, Inc., is a leading provider of financial and accounting education for hundreds of thousands of business professionals around the world. For more information, please visit www.schweser.com. Kaplan, Inc. is a leading international provider of educational and career services for individuals, schools and businesses.
About John Wiley & Sons, Inc.
Founded in 1807, John Wiley & Sons, Inc. (www.wiley.com), is a valued source of information and understanding, helping people around the world meet their needs and fulfill their aspirations with content and services that include the works of more than 450 Nobel laureates. We publish professional/trade books, subscription products, training materials, and online applications and Web sites; scientific, technical, medical, and scholarly journals, encyclopedias, books, and online products and services; and educational materials for undergraduate and graduate students and lifelong learners.
About Institutional Investor Journals
Institutional Investor Journals publishes the leading practitioner-focused journals read by institutional investors, portfolio managers and finance professionals worldwide and written and edited by leading practitioners and academics in their field. Each journal is regarded as the authoritative, practical reference guide on the most effective financial techniques and leading-edge investment strategies in the institutional marketplace. All journals offer in-depth, original and practical research in global investment and finance with an extensive online archive. Each Journal provides current analyses and strategic insights that translate into implementable ideas for global investment management professionals.
Media contacts:
For 100WHF:
Finsbury Group
Phil Denning / Stephanie Linehan
100WHF@finsbury.com
+1 (212) 303-7600
For PAAMCO:
Steve Bruce / Katrina Allen
ASC Advisors
+1 (203) 992-1230
For CAIA Association:
Lynne Feldman
CAIA Association
lfeldman@caia.org
+ 1 (413) 253-7373
