AMHERST, Mass. (HedgeWorld.com)–Meeting the needs of an ever-growing number of aspirants, the Chartered Alternative Investment Analyst Association will administer the next series of Level I and Level II exams in February.
According to officials, the number of candidates seeking the Chartered Alternative Investment Analyst designation has tripled annually since the group’s inception in 2002.
“At first, most candidates were enrolling of their own volition,” said Craig Asche, executive director of the association, in a statement. “But now we’re seeing institutional sponsorship of group registrations.”
To date more than 1,000 individuals from 34 different countries representing more than 300 organizations have received or are seeking CAIA designation. The group includes investment advisers, consultants, asset managers, fund administrators, middle- and back-office personnel, accountants and lawyers.
Citigroup, New York, is signing up its employees, while Pacific Alternative Asset Management Co., Irvine, Calif., now requires all their employees to earn the designation.