Thu, Sep 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Chartered Alternative Investment Analyst (CAIA) Association appoints Robert De Rito, APG Asset Management US, to board of directors

Thursday, August 18, 2011
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."

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.

(press release)


The Chartered Alternative Investment Analyst (CAIA) Association is an independent, not-for-profit global organization committed to education and professionalism in the field of alternative investments. Founded in 2002, the Association is the sponsoring body for the CAIA designation, the alternative investment industry's only specialized educational standard. Recognized globally, the designation certifies one's mastery of the concepts, tools and practices essential for alternative investment practitioners and promotes adherence to high standards of professional conduct. caia.org

APG Asset Management US is a subsidiary of the Dutch based APG, based in New York. It manages US pension fund assets of $60 billion (May 2011). APG carries out collective pension schemes for participants in the education, government, and construction sectors; cleaning and window-cleaning companies; housing corporations; and energy and utility companies. APG manages pension assets of approximately 280 billion euros in total (May 2011) for these sectors. Neither APG Asset Management US nor APG provide advisory services to persons in the United States. APG works for over 30,000 Dutch employers and provides for the income of around 4.5 million Dutch participants. APG administrates over 30% of all collective pension schemes in the Netherlands. APG also has a subsidiary in Hong Kong, APG Asset Management Asia. www.apggroup.com


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  3. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner