AMHERST, MASS. (September 28, 2016) – The Chartered Alternative Investment Analyst (CAIA) Association has made significant new updates to its Level II curriculum textbook in advance of the March 2017 exam cycle, it was announced today.
The changes, found in the recently released Alternative Investments: CAIA Level II, 3rd Edition textbook, reflect new developments and the ongoing evolution of the fast-paced alternative investment industry. Over 14 new chapters have been included in this latest edition, including enhanced coverage of family offices and sovereign wealth funds, as well as alternative investment categories such as structured products and infrastructure, that are the source of a great deal of innovation in the marketplace today. The newly revised textbook is now available for order via Amazon.com or Wiley.com.
These updates to CAIA’s Level II curriculum come after CAIA made several significant revisions to its Level I curriculum in September 2015, which included the addition of expanded content on liquid alternatives, natural resources and more.
“The alternative investment industry never sits still, and it’s important that we constantly monitor our curriculum to ensure that our materials and exams are keeping pace,” said Bill Kelly, CEO of the CAIAAssociation.
“Candidates for the CAIA Charter who have already passed their Level I exam and are ready for the next step on this journey will find the new Level II textbook packed with foundational concepts, asset allocation models, performance evaluation techniques, practical strategies and more that are designed to help them expand their knowledge and prepare for the March 2017 exam.”
New and enhanced chapters found in the revised Level II textbook include “The Family Office Model,” “Measuring Private Equity Risk,” “Listed Versus Unlisted Real Estate Investments,” “Infrastructure as an Investment,” along with two brand new chapters on structured products.
“Each of the topics we’ve added or expanded are of increasing importance to practitioners in alternative investments,” said Keith Black, Managing Director of CAIA and co-author of the textbook. “We look forward to making our new textbook available to all who are working so diligently to pass their Level II exam and take that final step towards earning the CAIA Charter.”
The CAIA Association offers the only credential focused on the alternative investment space and has become the global benchmark for alternative investment education. The CAIA Charter, an educational designation uniquely designed for individuals specializing in institutional-quality alternative investments, is granted upon successful completion of two levels of qualifying exams combined with relevant professional experience and joining the Association Membership.
About the CAIA Association
The CAIA Association is the world leader in alternative investment education, offering the only education pro-gram uniquely designed for individuals specializing in institutional-quality alternative investments. The Association is best known for the CAIA Charter, an internationally-recognized credential granted upon successful completion of a rigorous two-level exam series, combined with relevant work experience. Earning
the CAIA Charter is the gateway to becoming a Member of the CAIA Association, a global network of more than 8,400 alternative investment professionals located in more than 90 countries. CAIA also offers the Fundamentals of Alternative Investments Certificate Program (”Fundamentals”), an introductory-level online course, designed to provide a foundation in the core concepts in alternative investing. This program represents a natural extension of CAIA’s mission to provide solutions to specific market needs for alternative investment education. The CAIA Foundation partners with leading industry organizations to increase knowledge and talent in the field of alternative investing. Please visit http://foundation.caia.org for more information.
“The alternative investment industry never sits still, and it’s important that we constantly monitor our curriculum to ensure that our materials and exams are keeping pace,” said Bill Kelly, CEO of the CAIA Association.