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"Jane’s contributions to the industry and the association, as well as her vision for CAIA, make her the ideal colleague to take the organization into the next decade,” said Florence Lombard, chief executive officer of the CAIA Association.

"The world continues to increase in complexity and helping investors understand the growing array of investment opportunities and risks involved is central to CAIA's mission," said Buchan. "I am excited to continue to work with the preeminent provider of alternative investment education.”

Buchan, who joined the CAIA board in 2009, is the author of numerous professional publications on topics such as hedge funds, corporate risk and market neutral strategies.

“Jane’s knowledge and depth of management experience will be invaluable to CAIA’s mission of providing the highest level of education to its members. Her background fits CAIA’s cutting edge curriculum developed by academics and senior level industry professionals, which helps our members stay ahead in the dynamic field of alternative investing,” added Lombard.

Buchan succeeds Thomas Schneeweis who served as board chair for the last year. Schneeweis will remain a member of the board and chairman of the CAIA Foundation.

As CEO of PAAMCO, Buchan is responsible for overall business strategy and firm direction. In addition, she is a sector specialist responsible for the evaluation and management of fixed-income relative value hedge funds in the various PAAMCO portfolios. She is also a member of the investment management, risk management and account management committees.

Prior to forming PAAMCO, Buchan held a number of positions in the financial markets and was an Assistant Professor of Finance at the Amos Tuck School of Business at Dartmouth. She graduated from Yale University with a B.A. in Economics and received both her M.A. Ph.D. in Business (Finance) from Harvard University.

CAIA

Press Release

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