Cambridge Associates, Deutsche Asset & Wealth Management, and
State Street Receive Corporate Recognition Award
Annual Award for Academic Excellence and Alternative Investment Research
presented to the Harvard Business School’s Josh Lerner
BOSTON, Mass. (November 17, 2014) — The Chartered Alternative Investment Analyst Association® (CAIA), the global leader in alternative investment education, today announced that Cambridge Associates, Deutsche Asset & Wealth Management, and State Street have been presented with the 2014 Annual CAIA Corporate Recognition Award for their outstanding support of alternative investing education within their respective organizations.
CAIA’s fifth annual awards ceremony was held this year on November 17th in Boston, with the awards presented by Bill Kelly, CAIA’s chief executive officer, Jane Buchan, chief executive officer of PAAMCO and CAIA board chair, and members of the CAIA executive committee.
“Today, we are pleased to recognize these global leaders who are at the forefront of support for alternative investment education across their companies, as well as one of the foremost thinkers working in the alternative space today,” said Kelly. “We at CAIA look forward to ongoing partnership with each of these award recipients in pursuit of our shared mission of the highest standards in professional ethics and education for the industry.”
Industry executives, prominent thought leaders, CAIA’s Board of Directors, curriculum and advisory boards, CAIA’s Academic Partners, executive committee members from CAIA’s global Chapters, and other distinguished CAIA members and supporters attended the November event.
Annual Award for Academic Excellence and Alternative Investment Research Winner
Josh Lerner, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School and the head of the Entrepreneurial Management Unit, received the 2014 Award for Excellence in Alternative Investment Research for his outstanding research contributions on venture capital and private equity organizations. His research is collected in three books, The Venture Capital Cycle, The Money of Invention, and Boulevard of Broken Dreams. Among his many accomplishments, Dr. Lerner was named one of the ten most influential academics in the institutional investing world by Asset International's Chief Investment Officer magazine. He also serves as Vice Chair of the World Economic Forum’s Global Agenda Council on the Future of Investing
2014 Annual CAIA Corporate Recognition Award Winners
Cambridge Associates was recognized for making education in alternative investments a cornerstone of its practice, encouraging clients to challenge assumptions and develop a deeper understanding and knowledge base. “Cambridge Associates is honored to accept the Corporate Recognition Award,” said Sandra Urie, chairman and executive officer at Cambridge Associates. “We have 31 colleagues around the world who are CAIA members. They and our firm are dedicated to supporting the CAIA mission of developing leadership in the alternative investments space. We applaud CAIA for its dedication to advancing education in our industry, and we look forward to partnering with CAIA for many years to come.”
Earlier this year, Deutsche Asset & Wealth Management partnered with the CAIA Association to offer the Fundamentals of Alternative Investments Certificate Program to its client coverage and investment professionals globally. Deutsche AWM became the first asset manager to require certification of its retail coverage in the Americas. “Quality education is at the very top of investors’ agendas, particularly when it comes to alternative investing,” said Jerry Miller, Head of Deutsche Asset & Wealth Management, Americas. “At Deutsche Asset & Wealth Management, our commitment to and investment in high quality training programs ensures our teams are at the forefront of the latest thinking on alternative investing, and in turn our clients are educated on these dynamic investments. We are honored that CAIA acknowledged our efforts with the 2014 Annual Corporate Recognition Award.”
State Street has demonstrated a consistent commitment to alternative investment education. As an early adopter of the CAIA Charter, State Street is a champion of industry education and intelligent investing and has kept knowledge and education as a central tenet. “We are very pleased to be honored by CAIA for our educational efforts,” said George Sullivan, executive vice president and global head of State Street’s Alternative Investment Solutions. “Particularly in the alternatives investment space, maintaining high education among financial professionals is paramount to investor confidence and potential growth opportunities. As the financial landscape continues to evolve, we look forward to working together with CAIA to promote continued alternatives education.”
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 6,900 alternative investment professionals located in more than 80 countries. CAIA also offers the Fundamentals of Alternative Investments Certificate Program (FAI), 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.
To learn more about CAIA’s Leadership Award winners or for more information about the CAIA Association, contact Deborah McLean (413) 253-7373 or dmclean@caia.org. For more information on the CAIA Charter, please visit caia.org.
