Videos

On average, venture capital and buyout funds experience a performance falloff after seven to eight years, while the cross-sectional dispersion among them increases. In this brief conversation, John Bowman and Greg Brown discuss Brown's article “The Evolution of Private Equity Fund Value” as it appeared in the spring edition of CAIA's official Member publication The Journal of Alternative Investments. Access the full article here (a CAIA exclusive). 

There's never been a more crucial time to stay relevant and ahead of the curve. Join our CAIA Korea Financial Data Professional (FDP) webinar to understand the growing roles of big data, data mining, workflow automation and machine learning in investment decisions and learn more about our FDP program.

This webinar was conducted in Korean.

Ronan Crosson, CFA of Eagle Alpha and Aaron Filbeck, CFA, CAIA, CIPM, FDP of CAIA Association discuss the steps towards integrating alternative data sets into private equity analysis. In this short video, they discuss issues such as culture from the top of organizations, building a robust team, and just getting started.

The investment industry speaks about the “60/40” portfolio so much that it is largely assumed to be the “correct” portfolio for a large number of investors. However, it describes modern asset allocation about as well as Happy Days did the 1950s or Friends the 1990s. (Great shows both – but a bit detached from the real world.) To be fair, the 60/40 portfolio can be a useful starting point to illustrate the pros and cons of additional asset classes and/or alternate portfolio construction approaches.

There has been tremendous activity in the SPAC market in 2020 and 2021, a time when more than half of the IPO activity has been attributable to the issuance of new SPACs.

New research from CAIA Association suggests that investors place higher emphasis on qualitative factors when performing due diligence on private capital managers, a stark contrast to the quantitative factors typically emphasized with hedge funds and traditional investment managers. This panel answers the following questions: What are the most important questions to ask during the manager research process? What are the most important qualitative factors to consider? What are some of the biggest differences between performing investment and operational due diligence on liquid strategies vs.

African private markets probably present the premier opportunity for investing to contribute to the UN's SDGs while also creating attractive financial returns. The potential for bringing solutions for the bottom billion, leveraging Africa's mobile infrastructure, is vast and being used by a lively and creative venture community with increasing numbers of later stage opportunities and the emergence of unicorns such as Zipline and Flutterwave.

The future of sustainable investing is in the balance. It involves balancing financial and extra-financial considerations, balancing short-term and long-term goals, and balancing interests among stakeholders and over time, while seeking fair outcomes for all. How do investment professionals take the next step to apply these practices in their daily activities? How can investment organizations better align their culture and incentives around solving sustainability issues?

Culture, Communication, and Common Ground: How Managers and Investors Can Start Speaking the Same Language.

Stacy Havener, Founder and CEO of Havener Capital Partners and Aaron Filbeck, CFA, CAIA, CIPM, FDP, CAIA's Director of Global Content Development discuss organizational culture, emerging managers, and how assessing soft skills can help make for a more informed allocation decision.

Private Equity is the largest alternative asset class with $4.42tn in AUM worldwide. The expectation is that Private Equity could more than double over the next five years. In this presentation, Aaron Filbeck, CAIA, CFA, CIPM, FDP, Director, Global Content Development, CAIA Association, covers a range of topics related to private equity investment, including the structure and life cycle of private equity funds and analyze the cash flows and fees that are characteristic of such funds.