CAIA Level I: An Introduction to Core Topics in Alternative Investments, 2nd Edition

Preface

Since its inception in 2002, the Chartered Alternative Investment Analyst (CAIA) Association has strived to incorporate state-of-the-art reading materials in its curriculum. This latest curriculum reading, part of the Chartered Alternative Investment Analyst Series, represents a milestone in our efforts to continuously improve and update our curriculum. To ensure that the material best reflects current practices in the area of alternative investments, the CAIA Association invited a group of leading industry professionals to contribute to the production of the series, covering core areas of alternative investments: hedge funds, commodities, real estate, structured products, and private equity. Similar to other books published by the CAIA Association, this book is grounded in the CAIA Program Core Knowledge OutlineSM. Mark Anson, CAIA, has been contributing to the development of the CAIA curriculum since the Association's beginnings. He brings more than 20 years of experience in alternative assets to writing this first book in our series. We are proud to make this book available to our candidates and alternative investment industry professionals. This edition of the series is being launched in 2012 when aspiring, as well as accomplished, alternative investment professionals will endeavor to master the material covered in this book, as well as other readings as outlined in the CAIA study guides, in order to earn the prestigious CAIA designation.

In publishing the books in ...