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Hans Valer, associate within the Global Client Group at BlackRock (NYSE: BLK), is the CAIA Association's 5,000th member, having passed the CAIA Level II exam during the March 2011 exam cycle. "The CAIA designation was instrumental in helping me secure my current position at BlackRock. It was very useful to tell the interviewers that I had just passed the CAIA Level I and was preparing for the Level II," Valer said. "The CAIA designation helped me get a job with the largest asset manager in the world, so it's a pleasure to know I helped the CAIA Association achieve a milestone in its nine-year history."

Chris Leonard, Head of EMEA Human Resources at BlackRock, said: "BlackRock is proud to be an employer of choice for the best and brightest in our industry. To help our talent build a successful and rewarding career with our firm, we place strong emphasis on continuing employee development opportunities such as the CAIA program."

Florence Lombard, CEO of the CAIA Association, said: "The CAIA Association was created in 2002 to set the global standard for alternative investment education. Reaching the 5,000-member mark is a statement of the importance of the CAIA designation to the alternative investment industry. We are poised for further growth as alternative investments continue to attract institutional investors' allocations and regulators increasingly require professionals to demonstrate their knowledge and qualifications."

(press release)

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