Industry Updates

CAIA Association appoints Robert De Rito, APG Asset Management US, to board of directors

Tuesday, August 16, 2011

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Opalesque Industry Update - The Chartered Alternative Investment Analyst (CAIA) Association, sponsor of the CAIA designation, the benchmark for alternative investment education worldwide, today announced the appointment of Robert De Rito, Head of Financial Risk Management at APG Asset Management US, to its board of directors.

"We warmly welcome Bob De Rito, a seasoned and experienced investment professional and representative from an investment adviser to, among others, one of the largest pension funds in the world," said Florence Lombard, CEO of the CAIA Association. "We look forward to his contribution to the board, especially in ensuring that the CAIA Association continues to provide the type of education investors require to fulfill their fiduciary responsibilities in very challenging markets."

De Rito said: "It is not enough for institutional investors simply to reap the rewards of alternative investing. As good fiduciaries and as good corporate citizens, we must do what we can to promote high standards of investment professionalism, education, and ethics in alternatives. I am honored to serve on the CAIA board and to have the opportunity to contribute to the achievement of these aims."

APG Asset Management US is an adviser to Dutch pension funds and does not provide advisory services to persons in the United States. De Rito has risk-management responsibility for the Americas investments, including hedge funds and other alternative investments. De Rito has some twenty years of experience in the investment field, including quantitative research, quantitative portfolio management, trading, clearing, consulting, and risk management. He is a member of both the AIMA Council (board of directors), at which he represents the Americas, and of AIMA's Investor Steering Committee. Prior to his investment career in New York, De Rito was Geophysicist at the United States Geological Survey in Menlo Park, California. He has Ph.D. and M.S. degrees from the University at Buffalo. Corporate website:Source
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