CAIA Level II: Advanced Core Topics in Alternative Investments, 2nd Edition

Preface

Since its inception in 2002, the Chartered Alternative Investment Analyst (CAIA) Association has incorporated state-of-the-art reading materials into its curriculum. This latest curriculum reading 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: private equity, real assets, commodities, hedge funds, and managed futures. Similar to other books published by the CAIA Association, this book is grounded in the CAIA program's Core Knowledge Outline.

In publishing the books in this series, we are guided by the Association's mission to provide its members with a comprehensive knowledge of alternative investments, to advocate high standards of professional conduct, and to establish the Chartered Alternative Investment Analyst Charter as the educational gold standard for the alternative investment industry.