Interim Chief Investment Officer with CalPERS brings 30+ years of experience in
capital allocation, investment strategy, policy and more to CAIA’s Board
AMHERST, MASSACHUSETTS (January 3, 2024) – The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, today announced that Dan Bienvenue, CAIA, Interim Chief Investment Officer with CalPERS, was elected to serve on CAIA’s Board of Directors, beginning a three-year term on January 1, 2024.
“Dan brings a unique and valuable perspective to our efforts, and we are very pleased to welcome him to the Board,” said Valerie Sill, CFA, CAIA Chair of the CAIA Board of Directors and CEO of Dupont Capital Management. “Being able to draw on the insights and experience of the CIO for one of the world’s largest allocators makes us that much better positioned as we continue to work on shaping the industry on behalf of investors”
Mr. Bienvenue joins the CAIA Board at an inflection point for both the organization and the investment industry, as alternatives continue to occupy larger portions of institutional pools of capital and increasingly, wealth management portfolios. CAIA estimates that $US 22T, or 15% of the global investable universe, is now allocated to alternative asset classes. CAIA has been an early, and vocal, proponent for the industry to be deliberate in its focus on building and maintaining a fiduciary mindset, and has also been a leader in developing timely, well-constructed educational offerings for a wide range of wealth professionals who are now finding their work reshaped by the rise of alts.
“These are exciting times for CAIA and a pivotal time for our space to make sure that, as a profession, all the building blocks are being put in place to not only drive growth but to properly serve and advocate for the end investor. Dan’s voice will no doubt play a crucial role and I could not be more excited about the opportunity to work with him and his fellow Board members,” added Bill Kelly, CAIA, CAIA Associations’ CEO.
“At the same time, I want to extend my profound thanks and that of all of my colleagues to Jack Inglis and Melissa Ma, whose Board terms recently concluded,” continued Kelly. “Their leadership and stewardship during what was one of the more tumultuous three-year stretches in recent world history cannot be understated. While their Board tenure may be complete, I look forward to continuing to draw on their insights as we continue to build for the future.”
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Media Contact:
Chris Sullivan
Craft & Capital
chris@craftandcapital.com
About CAIA Association
The CAIA Association, a global professional body, pioneers a new era in investment management. At the forefront of the shifting of alternative investment asset classes from 'alternative' to mainstream, CAIA embraces diverse expertise and interdisciplinary knowledge essential for responsible capital allocation and client stewardship. A Member-driven organization representing professionals in more than 100 countries, the organization seeks to prepare investors for a dynamic future, disrupting traditions, creating opportunities, and fostering long-term sustainability. To learn more about the CAIA Association and how to become part of a professional network that is shaping the future of investing, please visit https://caia.org/.
