Anne Popkin Opalesque Industry Update - 100 Women in Hedge Funds (100WHF), Pacific Alternative Asset Management Company, LLC (PAAMCO), and the Chartered Alternative Investment Analyst (CAIA) Foundation today announced the 10 recipients that comprise the inaugural class of 100 Women in Hedge Funds/CAIA Scholars.
The scholarship program, administered by the CAIA Foundation, was established in collaboration with the 100 Women in Hedge Funds Institute and is underwritten by PAAMCO to support women seeking to earn the CAIA designation, the highest standard of education in alternative investments. The scholarships cover enrollment and registration fees for CAIA Level I and Level II exams, the CAIA Knowledge Series textbooks, the Schweser CAIA Level I PremiumPlus Study Solution, and the CAIA Association membership fee for the first year.
“100WHF is continually looking for ways to make a difference in the alternatives industry through unique, forward-thinking educational programming, and we are pleased to award these scholarships for CAIA certification,” said Anne Popkin, Chair of 100WHF and President, Symphony Asset Management. “We established scholarships for the CAIA designation because it is a globally recognized distinction whose rigorous program serves as a valuable professional development program for our diverse membership. We had a tremendous response from our members this year, and expect the response to be even greater in 2012.”
100 Women in Hedge Funds, a leading non-profit organization for professionals in the alternative investment industry, established the scholarship program in 2011 through the 100WHF Institute to coincide with their yearlong 10th anniversary celebration. 100WHF seeks to enhance the alternatives industry through educational programming, professional leverage and philanthropic initiatives. The CAIA scholarship is open to individuals with an interest in pursuing a career in alternative investment management, with a specific focus on portfolio management. Underwritten by PAAMCO, an independent fund of hedge funds investment firm, the program will award 10 scholarships each year for five years.
“We are very pleased to recognize our scholars, 100WHF, and PAAMCO for their support of the CAIA Foundation’s mission to increase knowledge and talent in the alternative investment industry for the benefit of the investor,” said Thomas A. Porter, President of the CAIA Foundation. “Partners Wiley Publishing and Kaplan Schweser have also provided authoritative support to enhance the scholarship package by providing each scholar with the CAIA Knowledge Series textbook and the Schweser CAIA Level I PremiumPlus Study Solution, respectively.” To be considered for the 100WHF/CAIA Scholarship, applicants must be full members of 100 Women in Hedge Funds, not be eligible for program reimbursement by their employers, and have one year of professional experience in the alternative investment industry.
“We are pleased that such an accomplished group of women applied for this scholarship,” said Judy Posnikoff, a founding partner of PAAMCO. "It is a testament to these women that they aspire to obtain an even greater level of expertise via the CAIA program."
The 2011 100WHF/CAIA Scholarship recipients are as follows:
Annette Cazenave, Executive Vice President, R.J. O’Brien Alternative Asset