CAIA said it will have a presence across both Sydney and Melbourne and will be led by Future Fund head of debt and alternatives David George.
“Given the size and continued growth of superannuation in Australia, and the increasing prevalence of alternative strategies … the importance of improved education across the investment community around alternative investing should be obvious,” Mr George said.
A non-for-profit organisation, CAIA said it was formed to address the “widely recognised” need for education in alternative investing.
“Australia and Australians are major investors in alternatives. With that in mind, we are delighted to launch the CAIA Australia Chapter as a new educational and networking resource for this important market,” CAIA chief executive Bill Kelly said.
CAIA managing director for the Asia Pacific Jo Murphy pointed out there is an increasing interest across the investment community for a “deeper understanding and familiarisation” of the alternative investment landscape.
The lobby group also said it will aim to “develop an ongoing program of activity that delivers clear value for the designation”.
“The chapter also will foster a deeper understanding and knowledge of alternative strategies through informative educational events and will create relevant networking programs that will appeal to all members and candidates in the growing Australian alternative investment industry,” a statement from CAIA said.
